Category: Finance

Cronheim Hotel Capital secures financing for Grand Beach Hotel in Bay Harbor Islands, FL

Cronheim Hotel Capital secures financing for Grand Beach Hotel in Bay Harbor Islands, FL

July 1, 2026
Bay Harbor Islands, FL Cronheim Hotel Capital has arranged $5 million in financing for the Grand Beach Hotel, a 96-suite luxury  property. Brandon Szwalbenest, Dev Morris, and Andrew Stewart
Appraisal Institute’s Upstate Chapter continuing education events

Appraisal Institute’s Upstate Chapter continuing education events

June 30, 2026
Rochester, NY The Upstate New York Chapter of the Appraisal Institute has an active education calendar for real estate appraisers for the remainder of 2026, including continuing education (CE) seminars
Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realty Group to create IRG Realty Trust

Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realt...

June 30, 2026
Manhattan, NY Morrison Foerster (MoFo) is advising Sachem Capital Corp. (Sachem) on a definitive contribution agreement to combine with Industrial Realty Group (IRG). IRG will contribute 98 industrial
Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

June 30, 2026
Mineola, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers, and Schroders Capital, the private assets division of Schroders, have provided a $111.3 million floating-rate
Arrow Real Estate Advisors arranges $11.75 million land refinance for Yonkers development site

Arrow Real Estate Advisors arranges $11.75 million land refinance for Yonkers development site

June 30, 2026
Yonkers, NY Arrow Real Estate Advisors arranged an $11.75 million land refinance on behalf of AMS Acquisitions for Teutonia Hall, a fully entitled mixed-use development site located at 41–65 Buena
Phillips of Largo Real Estate Advisors arranges $24 million first mortgage for 300,000 s/f Buffalo industrial property

Phillips of Largo Real Estate Advisors arranges $24 million first mortgage for 300,000 s/f Buffalo i...

June 29, 2026
Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $24 million non-recourse permanent first mortgage for a 300,000 s/f industrial property. The asset is fully occupied by a single
Walker & Dunlop arranges $375 million construction loan for Nasser Freres’ Jersey City development

Walker & Dunlop arranges $375 million construction loan for Nasser Freres’ Jersey City development...

June 25, 2026
Jersey City, MD Walker & Dunlop, Inc. arranged a $375 million construction loan to finance JFK Blvd., Nasser Freres’ mixed-use development in Journal Square. The financing, provided by
Cronheim Mortgage secures $20.7 million interest only financing for 149-unit multifamily property in Myrtle Beach, SC

Cronheim Mortgage secures $20.7 million interest only financing for 149-unit multifamily property in...

June 25, 2026
Myrtle Beach, SC Cronheim Mortgage has arranged $20.70 million in permanent financing for The Brixley, a 149-unit multifamily property. Brandon Szwalbenest, Dev Morris, and Andrew Stewart secured
Arrow Real Estate Advisors arranges $22 million bridge refinance for creative office and flex asset in Brooklyn

Arrow Real Estate Advisors arranges $22 million bridge refinance for creative office and flex asset ...

June 25, 2026
Brooklyn, NY Arrow Real Estate Advisors arranged a $22 million bridge refinance for 1000 Dean St., a creative office and flex property located in the city’s Crown Heights/Prospect Heights
Fitzgerald of Largo Capital arranges $7.5 million refinance for 45,000 s/f medical/professional office portfolio in Venice, Fla.

Fitzgerald of Largo Capital arranges $7.5 million refinance for 45,000 s/f medical/professional offi...

June 24, 2026
Venice, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $7.5 million refinance for a four-building medical and professional office portfolio totaling 45,000 s/f. The transaction enabled the
Downing of Largo Capital arranges $3.7 million non-recourse refinance for 14,082 s/f Lake Mary retail property

Downing of Largo Capital arranges $3.7 million non-recourse refinance for 14,082 s/f Lake Mary retai...

June 22, 2026
Lake Mary, FL Max Downing of Largo Capital, Inc. arranged a $3.7 million non-recourse refinance for a 14,082 s/f retail property. The transaction was placed with one of
Phillips of Largo Real Estate Advisors arranges $75 million mortgage to refinance multi-tenanted industrial/manufacturing facility in Syracuse

Phillips of Largo Real Estate Advisors arranges $75 million mortgage to refinance multi-tenanted ind...

June 17, 2026
Syracuse, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $75 million permanent first mortgage to refinance existing debt through a CMBS lender on a multi-tenanted