Category: Finance

Hatboro, PA G.S. Wilcox & Co. completed $20 million in permanent financing for a 102-unit apartment project. The financing, which featured a forward commitment at an attractive rate, was arranged by Gretchen Wilcox,

Newport Beach, CA Talonvest Capital arranged $48 million in financing for six self-storage properties on behalf of BRB Development, a family-owned company

Williamsville, NY Jack Phillips of Largo Real Estate Advisors Inc. secured a $6.1 million permanent first mortgage loan to refinance two adjacent medical

Albany, NY Adirondack Capital Partners (ACP) has arranged the $10.1 million sale of Omni Plaza, a two-building office portfolio located at 30 South Pearl St. and 54 State St.

Manhattan, NY LDG Group LLC, Infinite Horizons, L+M Development Partners, and Urbane Development Group closed on over $97 million in financing for the redevelopment of the former Lincoln Correctional facility in Harlem. With a variety of partners spanning both the public and private sectors

Manhattan, NY BHI, the U.S branch of Bank Hapoalim, B.M. has provided Quantum Pacific Realty and partner MetroLoft with a $169.5 million construction loan to convert 767 Third Ave.

Brooklyn, NY Naftali Group with Access Real Estate closed a $374.35 million refinancing for Phase I of Williamsburg Wharf, the firm’s 3.75-acre master-planned development along Williamsburg’s East River shoreline. Since opening to residents last summer, Two, Three, and Four Williamsburg Wharf, the development’s luxury rental offerings, have already reached over 90% leased across more than 500 apartments.

Manhattan, NY John Cahill has joined Womble Bond Dickinson (US) LLP as a partner, where he will be a key member of the finance, bankruptcy & restructuring practice group.

Lima, OH Eastern Union arranged $12.9675 million in financing toward the acquisition of Lima Center, a 174,078 s/f shopping center. The purchase price for the center was $19.5

East Peoria, IL Arrow Real Estate Advisors arranged $8.675 million in acquisition financing on behalf of Blue Ledge Group for the $11.525 million purchase of a single-tenant

Wilmington, DE Arrow Real Estate Advisors arranged a $70.25 million loan on behalf of The Buccini Pollin Group for The Press, a newly delivered luxury multifamily property located

Jersey City, NJ Lorimer Capital closed a $63 million loan secured by the Arts & Powerhouse Building, a 118,660 s/f mixed-use retail and commercial asset