Financial Digest

Savanna closes two loans totaling $105 million; includes $58 million secured with Monday Properties

According to Savanna, a New York-based institutional real estate private equity and asset management firm, it has closed two loans totaling ...

Company Profiles: Hudson Realty Capital

Hudson Realty Capital LLC ("HRC") is a real estate private equity fund founded in 2003 by Sanford Herrick, David Loo and Richard Ortiz. HRC ...

Company Profiles: Rockport Mortgage

Formed in 1992 to provide full service commercial mortgage banking services, Rockport Mortgage Corp. has built a reputation for reliability,...

The Community Preservation Corp. provides $490,000 refinancing/rehab

According to The Community Preservation Corp. (CPC), it recently provided $490,000 in permanent financing for the mortgage refinancing and p...

Company Profiles: The Henley Group

The Henley Group is a boutique consultancy that provides tangible monetary results and invaluable time savings to real estate owners. The He...

Company Profiles: Arbor Commercial Mortgage

Arbor Commercial Mortgage is a national direct lender that provides debt and equity capital for the multifamily, commercial real estate and ...

Income-producing property? What the IRS needs to know...

Own income-producing property? A new law requires you to issue an IRS 1099 form to vendors and handyman. If you own a single unit of income-...

Company of the Month: Utilizing its flexibility and creativity, UC Funding has closed $99.7 million in the last 60 days

UC Funding LLC is a newly formed private commercial real estate finance firm headquartered in Boston and New York. Their national real estat...

R. J. Gullo Cos. designs 1031 Trade-In Program

The R. J. Gullo Cos. of Real Estate Investment Services, has designed a tool called the "R. J. Gullo 1031 Trade-In Program." This program fi...

Phillips and Heiss of Largo arrange $52.5 million for Hudson Valley Mall

Jack Phillips and Kevin Heiss of the Largo Group of Companies arranged a $52.5 million permanent first mortgage to refinance the existing de...