Manhattan, NY The Capital Services Group at Ariel Property Advisors (Ariel) has arranged an $11.8 million condominium inventory loan for a 20-unit newly constructed residential condo project.
Manhattan, NY BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has provided Yellowstone with $167 million to convert the Candler Building at 221 West 41st St,. a 25-story 221,357 s/f office building, into a 176-unit multifamily building along with an 18,174 s/f retail component.
Manhattan, NY Arrow Real Estate Advisors has secured a $29.5 million loan for the refinance of 260 West 39th St. The loan was arranged on behalf of MJ Orbach Associates and provided by for the refinance of 260 West 39th St. The loan was arranged on behalf of MJ Orbach Associates and provided by Ladder Capital.
Queens, NY Avison Young arranged a $75 million construction loan on behalf of Cord Meyer Development for the construction of two, five-story apartment buildings at the Bay Terrace Shopping
Manhattan, NY Convene Hospitality Group (CHG) has secured $230 million in strategic growth capital to accelerate global expansion across its multi-brand platform. The latest funding is provided by new lender, TPG, a
Manhattan, NY Coral Gables, FL-based Bayview PACE has named Michael Billingsley as vice president-transaction management and Ian Wilkin as senior associate-marketing supporting the
Greenville, NC NewPoint Real Estate Capital LLC (NewPoint) has provided a $49 million bridge-to-agency loan for the refinance of Evolve at the Pines Apartment Homes, a 288-unit multifamily
Fort Lauderdale, FL North River Partners, a New York-based real estate credit platform in partnership with Amzak Capital Management, a private investment firm located in Boca Raton, provided a $68,500,000 construction loan for the development of Flats Flagler Gateway,
Oakville, Ontario Kevin Ross of Largo Capital Limited arranged $8.65 million in acquisition financing for a 54,176 s/f industrial property located in Oakville, Ontario.
Nanuet, NY Metropolitan Realty Associates LLC (MRA), led by CEO and founder Joseph Farkas, has secured a $32.8 million refinancing for its retail property at 5101 Fashion Dr., known as RTL Nanuet. The loan was provided by IDB Bank and replaces an existing $22.9 million loan on the asset
Orlando, FL Ben Blanton of Largo Capital arranged a $10.5 million acquisition loan for the 136-key Country Inn & Suites, strategically located just off Semoran Boulevard near Orlando International Airport.
Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged $17.5 million in permanent financing for a fully occupied 275,000 s/f industrial warehouse and manufacturing