Financial Digest

Breda and Adams of Goedecke & Co. arrange $9.5 million acquisition financing; Worked on behalf of borrower, Katz Properties; Secured through UNUM Life Insurance

The Westport office of Goedecke & Co., LLC has arranged $9.5 million in financing for the acquisition of 1154 Mohawk St., known as Hannaford...

Wilcox and Raymond of G.S. Wilcox & Co. negotiates $6 million in financing for 32,696 s/f New Jersey retail property

According to G.S. Wilcox & Co., the firm has arranged $6 million in financing for Watchung Commons, a multi-tenanted retail building consist...

NYC Network to present NYC Financial Expo March 28

The NYC Network Group Inc. will present the NYC Financial Expo on March 28 at the New York City Bar, 42 West 44th St. The event will feature...

NCB completes $46 million in financing during January

NCB, FSB (NCB), a federally insured savings bank and a leading lender to cooperative housing throughout the Tri-State area, arranged nearly ...

Centerline Capital refinances $10 million Fannie Mae loan

Centerline Capital Group has provided a $10 million fixed-rate Fannie Mae loan to refinance a multifamily property. The Brentmoor at Penn C...

Lanspa joins Wells Fargo as executive VP

According to Wells Fargo & Co., Mark Lanspa has joined the firm as an executive VP in the Hospitality Finance Group (HFG). Lanspa will open ...

Beech Street Capital finances $12.5 million Fannie Mae loan; Originated by Grussgott of Merdian Capital

Beech Street Capital, LLC has provided a $12.5 million Fannie Mae conventional loan to refinance The Simone, a new, ground-up construction b...

AIM launches hedge fund business accelerator

Ader Investment Management (AIM) has launched Accelerator Fund Partners LP, an innovative funding platform for hedge funds looking to boost ...

Hudson Realty Capital funds $4.65 million bridge loan; For 31,200 s/f Brooklyn industrial building

Hudson Realty Capital LLC has funded a $4.65 million bridge loan involving a 31,200 s/f industrial loft building. The borrower utilized the ...

Brick Realty Capital adds non-performing mortgage and note to portfolio

Brick Realty Capital LLC, through an affiliate entity, has added another non-performing mortgage and note to their loan portfolio. Located a...