Financial Digest

Little of Katten Muchin Roseman moderates recent Bisnow breakfast meeting and panel discussion

Recently, Bisnow held a breakfast meeting and panel discussion on the Secondary Loan Market at the Harvard Club. The panel discussion was mo...

CPC provides $1.156 million construction loan

According to the Community Preservation Corp. (CPC), it has provided a $1.156 million construction loan for the rehabilitation of two semi-a...

Cotsalas and DesRochers of NorthMarq secure $1.8 million

Charles Cotsalas, senior vice president and senior director of NorthMarq Capital's Long Island regional office, and Ernest DesRochers, senio...

Validata Lender Services unveils new desktop valuation appraisal product

Validata Lender Services has recently unveiled a new appraisal product that gives lenders and borrowers an initial opinion of value on a pro...

Simonowitz of Berko arranges construction financing-$4.15 million

Alan Simonowitz, a director at Berko & Associates has arranged for a $4.15 million in construction financing for a ground up development of ...

GCP Capital Group completes 14 financing deals totaling $51.35 million; includes $25 million by Brostovski of GCP

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $51.35 million for the following properties: $5.05 million ...

Abergel of Arbor closes six Fannie Mae deals totaling $23.631 million

According to Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC and a national, direct commercial re...

By Pam Michaels: Substantiating investment intent in a §1031 exchange

A taxpayer's intent to hold both the relinquished property and replacement property for investment or for use in a trade or business is a re...

Tepedino of HFF leads team in closing $315 million refinancing

According to Holliday Fenoglio Fowler, L.P., (HFF) it has arranged a $315 million refinancing for 340 Madison Ave., a 750,000 s/f, 22-story,...

Ackemann, Yowell, Parsonnet, O'Meara and O'Brien of CBRE Capital Markets facilitate $380 million recapitalization

CBRE's Capital Markets group secured a $380 million loan in conjunction with the recapitalization of Chelsea Market, a mixed use property lo...