New York City

NCB arranges $51 million for 17 N.Y. area properties

National Cooperative Bank (NCB) arranged $51 million in new financing activity for 17 New York area properties, according to Edward Howe III...

SL Green completes $925 million bridge financing

According to SL Green Realty Corp., $925 million in bridge acquisition financing was arranged for the Sony Building at 550 Madison Ave. Th...

Meridian finances six mortgages totaling $80.17m

Meridian Capital Group, LLC has negotiated the following six mortgages totaling $80.17 million: * A new $3.52 million mortgage on an eight-u...

Centerline provides $6 million refinance loan in N.J.

Centerline Capital Group has provided a $6 million Fannie Mae DUS mortgage to refinance 2339 Hudson Terrace, a cooperative multifamily prope...

Tax relief: Calculating a casualty loss deduction

A Casualty Loss Deduction is measured by the lesser of (a) reduction and fair market value of the property as a result of the event or (b) t...

Property Group Partners acquires the fee interest for Capitol Crossing

Property Group Partners has acquired the fee interest for three blocks of the recessed portion of I-395. Preliminary work on the 2.2 million...

UC Funding structures and closes $4.75 million bridge loan in Columbia, S.C.

UC Funding LLC has funded a $4.75 million bridge loan to purchase and renovate a 180 unit, class C apartment complex. The sponsor is an expe...

Aylmer of NorthMarq arranges $1.187 million first mortgage refinancing

Michael Aylmer, assistant vice president of NorthMarq's Philadelphia regional office, arranged first mortgage refinancing of $1.187 million ...

Love Funding closes $361.4 million loan modification for MUHA

Love Funding has closed on a $361.4 million loan modification for the Medical University Hospital Authority (MUHA). MUHA, a division of the ...

Worth Avenue Capital closes $800,000 debt restructuring in WA

Worth Avenue Capital, LLC closes $800,000 debt restructuring for an entrepreneur/real estate developer. This client owns multiple properties...