New York City

National Cooperative Bank originates $40 million in December

National Cooperative Bank (NCB) ended 2013 on a strong note, originating $40 million in new loans during December for 13 N.Y. area propertie...

Bakhchi of Hybrid arranges $8.5 million to refinance three-building portfolio

Hybrid Capital has arranged an $8.5 million refinancing for a portfolio of three adjacent residential buildings on the Upper East Side. The ...

Greystone adds Elm and Grodd as senior executives in portfolio lending group

Greystone has added two senior executives to its portfolio lending group, which focuses on bridge, mezzanine and special situations lending....

Cornerstone Group arranges two finance deals totaling $4.6 million; Includes $2.4 million by Zakh for 9829 Ditmas Avenue in Brooklyn

The Cornerstone Group of NY LLC (CSG-NY), a New York-based full-service commercial mortgage and advisory firm, has arranged two finance deal...

York of Arbor negotiates $55 million for 64-unit property

Arbor Commercial Funding, LLC has funded a $55 million loan for a 64-unit multifamily property. The loan was funded under the Arbor Realty T...

GCP Capital Group negotiates 13 finance deals totaling $48.9 million

GCP Capital Group LLC has arranged mortgage financing for the following 13 transactions totaling $48.9 million: * $8.2 million for a loan on...

MRC closes $38 million first mortgage bridge loan for acquisition and redevelopment of former St. John's Queens Hospital

Madison Realty Capital (MRC) has closed on a $38 million first mortgage bridge loan for the acquisition of the former St. John's Queens Hosp...

Heitner leads Kasowitz Real Estate Group team in refinancing of $237.5 million mortgage and $315 million mezzanine loan for Winthrop Realty Trust's Times Square project and EDITION Hotel

According to Winthrop Realty Trust, its venture with The Witkoff Group and New Valley LLC which owns the property located at 701 Seventh Ave...

Appel and Diaz of Meridan Capital negotiate $38 million in permanent financing

Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, has negotiated $38 million in permanent fi...

EXIT Realty Landmark now associated with MANAR

EXIT Realty Landmark has joined the Manhattan Association of Realtors (MANAR.) In addition to its active ties with REBNY, EXIT agents are no...