New York City

Arbor appoints Proctor and Gray FHA originators

Arbor Commercial Mortgage, LLC has expanded its multifamily FHA loan origination capabilities further with the appointment of two FHA origin...

Graf and Sanella of Houlihan-Parnes secure $29.65 million first mortgage

Ed Graf and Ted Sannella of Houlihan-Parnes Realtors, LLC (H-P) have arranged the first mortgage re-financing of $29.65 million for The Sunn...

National Cooperative Bank arranges $67 million in new loan originations

National Cooperative Bank (NCB) arranged $67 million in new financing activity during August for 24 New York area properties. "In August, w...

Question of the Month: Is rent abatement still automatic when the landlord enters into tenants demised premises?

When dealing with a commercial landlord / tenant eviction there used to be a straightforward and longstanding rule, "the withholding of the ...

Hudson Realty Capital funds $9.1 million first mortgage loan

Hudson Realty Capital LLC has funded a $9.1 million first-mortgage loan secured by a 90,000 s/f office building. The sponsor is utilizing th...

Or elevated to counsel at Nixon Peabody

According to Nixon Peabody LLP, tax credit finance and syndication attorney Rebekka Hermans Or has been elevated to counsel. Or concentrates...

GCP Capital Group closes 11 transactions totaling $49.38 million; includes $20 million by Classi and $3.85 million by Brostovski

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

W Financial provides $7 million bridge loan to facilitate office condo acquisition

W Financial has provided a $7 million Bridge Loan to facilitate the timely acquisition of a full-floor office condominium in a 14-story, 296...

The basic goals of a proper Internal Control System

An Internal Control System (ICS) is necessary to the success of a company as it puts in place procedures to ensure that the organization ach...

Greystone Funding originates $72.7 million in financing for two multifamily projects

Greystone Funding Corporation (Greystone), a leading national provider of multifamily and commercial mortgage loans, has originated $72.7 mi...