Financial Digest

Meridian Capital arranges $114 million for 34-property portfolio; O'Connell and Daniels of Hartman & Craven rep The Dermot Co.

Meridian Capital Group, LLC arranged a $114 million package of mortgages to refinance a significant multifamily portfolio owned by The Dermo...

Pergolis Swartz Associates close eight transactions totaling $32.547 million

Pergolis Swartz Associates Inc. have recently completed eight transactions totaling $32.547 million. A permanent mortgage in the amount of $...

Siegel and Bren of Metropole Realty Advisors secures $150 million fixed-rate financing; senior financing arranged by Smith of Ladder Capital Finance

Metropole Realty Advisors has secured a new $150 million fixed-rate loan for 681 Fifth Ave., a boutique office building. The refinancing is ...

Executive of the Month: Hubert Brandt celebrates tenure of over 50 years with Brandt Steinberg & Lewis, LLP

Attorney Hubert Brandt has been molding the legal landscape in Manhattan for over 50 years. Partner at Brandt, Steinberg & Lewis LLP, Brandt...

CB Richard Ellis Group, Inc. promotes Kiffe and Riccio to senior managing directors

According to CB Richard Ellis Group, Inc., (CBRE) the firm has promoted Michael Riccio and Mitchell Kiffe to senior managing director, capit...

Kletsman joins Berkadia's New York City origination team

Berkadia Commercial Mortgage has expanded its New York City loan origination team with the addition of new hire, Yuri Kletsman. Kletsman, an...

CPC provides $6.7 million loan to rehabilitate 88 affordable units

The Community Preservation Corp. has closed on a $6.7 million loan to significantly rehabilitate 88 affordable apartment units in two, 5-sto...

Relihan of NorthMarq arranges $12.3 million for 340-unit complex; Bjornsund of Northmarq closes $1 million for 351 Broadway

Frank Relihan, senior vice president, of NorthMarq's Washington, D.C. Regional office arranged first mortgage financing of $12.3 million for...

Larew and Kinder of Larew, Doyle & Associates collaborate for $29.55 million

According to Larew, Doyle & Associates, the Midtown-based correspondent mortgage banking firm has recently closed four commercial real estat...

Time Equities places six mortgages totaling $24.435 million

According to Time Equities Inc., they have recently closed six new mortgages on properties through out the metropolitan New York area. Stuar...