Brooklyn, NY Avison Young secured a $30 million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corp. (BNYDC) for the Green Manufacturing Center (GMC) at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 s/f of light industrial and ancillary office space. The financing was provided by Webster Bank.
Syracuse, NY Cronheim Hotel Capital (CHC) has secured $25.5 million for the acquisition of the DoubleTree Hotel. As one of the leading group and meeting hotels in the region, it also benefits from Micron Technologies planned $100 billion semiconductor campus under construction a few miles from the property.
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and
Brooklyn, NY Arrow Real Estate Advisors has arranged an $8.8 million construction loan for the development of a new multifamily property located at 1532 Bergen St. in Crown Heights. The financing was provided by S3, a debt fund
Island Park, NY Gantry has secured a $11.5 million permanent loan to retire maturing debt for a Public Storage managed facility located at 4055 Austin Blvd. on Long Island’s South Shore. The 740-unit, three-story, climate-
Manchester, NH Metro Walls has expanded its estimating team with the additions of Matt Morissette and Paulo Silva, reinforcing its commitment to delivering thorough, responsive, and high-quality support during the early stages
Kennesaw, GA Cronheim Hotel Capital (CHC) has secured $15.954 million in construction financing for the development of a Hampton Inn Atlanta NW/Kennesaw Town Center. The financing provides up to 70% of
Trussville, AL Patrick Madore of Largo Capital, Inc. arranged a $3.2 million permanent first mortgage to refinance existing debt on a 36,330 s/f retail shopping center.
Bradenton, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $15 million construction loan for Forest Cove, a 156-unit workforce housing development. The financing was structured on a five-year term with 36 months of interest-only payments
Blackwood, NJ Avatar Financial Group LLC provided $1.95 million in financing on a 162,000 s/f industrial building at 521 Rte. 168. The two-year bridge loan recapitalized a portion of the
Brooklyn, NY Arrow Real Estate Advisors secured $4.9 million in acquisition and construction financing for a multifamily property located at 220 Union St. The loan was arranged on behalf of Omri
Paulsboro, NJ Arrow Real Estate Advisors arranged $38.74 million in permanent financing on behalf of Good Investment Partners for a two-property truck stop and travel center portfolio located at