Financial Digest

Petti of Arbor Commercial Funding originates two loans: $23.66 million

According to Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, it has completed the recent funding...

Daniel of Silo Financial Corp. closes seven financing transactions totaling $23.25 million

Silo Financial Corp. continues to close large loans—quickly and frequently. In just the first three months of 2010, the Stamford, Con...

Jones of Love Funding secures $5.6 million

According to Love Funding, its New York office secured $5.606 million in financing for two multifamily housing complexes located in North Ca...

RELA names The Berman Group new association manager

According to the Real Estate Lenders Association (RELA), The Berman Group has been retained as its new association manager. The Berman Group...

Wheeler of Community Preservation Corp. orchestrates $5.178 million financing for four Brooklyn properties

The Community Preservation Corp. (CPC) has a long history of partnering with the New York City Department of Housing Preservation and Develo...

Imperial Capital handles three New York City transactions

According to Imperial Capital Co., it has completed a commercial leasehold first mortgage loan on a property located at 1381 Sixth Ave. (the...

Cooper-Horowitz arranges financing

Cooper-Horowitz, Inc. recently arranged financing for the following properties: * 1401 Franklin Ave.: Three-story office building containing...

Bjornsund of NorthMarq Capital arranges $18 million mortgage

Craig Bjornsund, senior vice president and managing director of NorthMarq Capital's (NorthMarq) New York Metro Regional office arranged firs...

A lawyer discusses contract administration of projects

Slowly but surely we are seeing signs of "life" in the construction industry. I am seeing more and more contracts being negotiated and signe...

Pergolis Swartz Associates completes 12 financing transactions: $40.2 million

According to Pergolis Swartz Associates, Inc., the firm has recently completed the following transactions: * A permanent mortgage in the amo...