New York, NY
Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, has arranged $106.5 million in financing on behalf of multiple borrowers for the refinance of multifamily portfolios.Brooklyn, NY
Marcus & Millichap has completed the following: 1248-1252 Flatbush Ave., an 8,415 s/f mixed-use property, sold for $3.2 million. Shaun Riney, Michael Salvatico, Daniel Greenblatt and Zalman Yarmush,New York, NY
GCP Capital Group LLC has arranged mortgage financing for the following properties: $57.5 million for a 132,000 s/f, six-story luxury condominium building containing 134 units,Brooklyn, NY
Merchants Capital, has provided $375 million in financing on behalf of a joint venture between Omni New York LLC, The Arker Companies, Dabar Development Partners, and Bedford Stuyvesant Restoration Corp.
RXR Realty, an owner, operator, and developer, completed a long-term lease with financial services company, INTL FCStone Inc. at 230 Park Ave. Jordan Berger represented RXR in-house in the lease, along withManhattan, NY
The Moinian Group has closed on a $105 million loan from Bank of China to refinance Oskar, the developer’s fully leased residential building at 572 11th
Ave. The $105 million loan from Bank of China at a Bronx, NY
In an off-market transaction, Friedman-Roth Realty Services completed the $30 million sale of a package of three, six-story elevator apartment buildings. The seller was represented by Giuseppe Inglese and Nadeem Haque. Manhattan, NY
JLL Capital Markets secured two loans totaling $755 million: A $545 million loan to finance 711 Fifth Ave. on behalf of the development group led by SHVO, including Deutsche Finance America and BLG
Manolo Blahnik has signed a lease for its new flagship on 717 Madison Ave. Newmark Knight Frank’s (NKF) vice chairmen Ariel Schuster, Ben Birnbaum and Peter Shimkin were the sole brokers on the transaction. Brooklyn, NY
The Collective, a leading global co-living company based in New York, London and Berlin, has secured $75 million in construction financing for its latest co-living development, 292 North 8th
St. in central Williamsburg.