Financial Digest

Retail Opportunity Investments Corp. closes on $175 million

According to Retail Opportunity Investments, Corp., a fully integrated owner and operator of shopping centers, it has entered into a $175 mi...

The Cogsville Group and Colony Capital acquire $341 million commercial real estate loans

The Cogsville Group, LLC and Colony Capital, LLC have closed on the purchase from the Federal Deposit Insurance Corp. (FDIC) of two portfoli...

Phillips of Largo Group of Cos. arranges $7.375 million for Woodlands Senior Village

Jack Phillips, principal for the Largo Group of Companies, arranged $7.375 million to refinance the existing debt on Woodlands Senior Villag...

Almodovar named national head of community development real estate lending at Chase

According to Chase, it has named Priscilla Almodovar to head its national community development real estate lending business. The national...

Emerald Creek Capital's streamlined financing process enables steep discounts for sponsors

Private equity fund, Emerald Creek Capital has recently provided six bridge loans secured by assets in the multifamily, residential inventor...

American Realty Capital New York Recovery REIT acquires five retail condos-$35 million

According to American Realty Capital New York Recovery REIT, Inc., it has acquired a portfolio of five retail properties for $35 million. Th...

The Community Preservation Corp and New York City Department of Housing Preservation and Development finance $1.036 million for rehabilitation of Harlem buildings

According to The Community Preservation Corp. (CPC), together with the New York City Department of Housing Preservation and Development (HPD...

Helaba Bank to provide $90 million for SL Green/Sutton joint venture redevelopment

SL Green Realty Corp., in partnership with Jeff Sutton, is joining forces with Harel Insurance and Finance in a joint venture partnership to...

GCP Capital Group completes four financing deals totaling $24.85 million; includes $9.8 million for 120 units by Albano of GCP Capital

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage finan...

Paradigm Commercial closes $56.65 million in loans

According to Paradigm Commercial Real Estate LLC, it has recently completed the closing of $56.65 million in loans, secured by a multifamily...