Category: Finance

Financing year in review: Capital, competition, creativity - by WLRK

Financing year in review: Capital, competition, creativity - by WLRK

January 27, 2026
Any question about whether financing markets are back was put to rest in 2025. We discussed last year that the debt markets entered 2025 hungry for new supply and primed to facilitate M&A. Over the course
JLL arranges $16.471 million refinancing for Astral Weeks’ CIRRUS property

JLL arranges $16.471 million refinancing for Astral Weeks’ CIRRUS property

January 27, 2026
Brooklyn, NY Astral Weeks closed a $16.471 million refinancing for CIRRUS, the newly completed luxury multi-family rental property at 340 Lenox Rd. in Prospect Lefferts Gardens. Delivered in 2024 and and fully
Bayport Funding delivers $4 million financing for condominium development

Bayport Funding delivers $4 million financing for condominium development

January 27, 2026
Brooklyn, NY Bayport Funding has closed on a $4.06 million construction loan for a ground-up townhouse condominium project in the Greenpoint neighborhood. Comprising three residences ranging from
Greystone Capital Advisors arranges $250 million bridge financing for 456-unit AtlanticBK

Greystone Capital Advisors arranges $250 million bridge financing for 456-unit AtlanticBK

January 27, 2026
Brooklyn, NY Greystone arranged $250 million in bridge financing for AtlanticBK, a newly delivered 456-unit mixed-income residential development. Greystone Capital Advisors, led by Drew letcher, Paul Fried and Bryan Grover, served as exclusive advisors on the transaction.
Community Preservation Corp. closes $3.17 million construction loan of historic Buffalo redevelopment

Community Preservation Corp. closes $3.17 million construction loan of historic Buffalo redevelopmen...

January 27, 2026
Buffalo, NY The Community Preservation Corp. (CPC), in partnership with New York State Homes and Community Renewal (HCR), closed a $3.17 million construction loan to 1762 Main LLC for the
Resolution Real Estate and RPS Capital Mgmt. enter into strategic partnership for 2026

Resolution Real Estate and RPS Capital Mgmt. enter into strategic partnership for 2026

January 27, 2026
Manhattan, NY Resolution Real Estate has entered a strategic partnership with RPS Capital Management LLC that will add a wide range of investment services to the commercial real estate firm
Arrow Real Estate Advisors arranges $50 million refinance for The Royal Ledges Apartments

Arrow Real Estate Advisors arranges $50 million refinance for The Royal Ledges Apartments

January 27, 2026
Hyde Park, NY Arrow Real Estate Advisors arranged a $50 million refinance on behalf of Lexington Property Group for The Royal Ledges Apartments, a 19-building, 222,000 s/f, 272-unit multifamily community located at 4676 Albany Post Rd. The loan was provided by Deutsche Bank, and Arrow Real Estate Advisors’
Szwalbenest, Morris and Stewart of Cronheim Mortgage finance Walmart Plaza

Szwalbenest, Morris and Stewart of Cronheim Mortgage finance Walmart Plaza

January 27, 2026
Cobleskill, NY Cronheim Mortgage financed the Walmart shadow-anchored retail strip encompassing 24,506 s/f. Brandon Szwalbenest, Dev Morris, and Andrew Stewart placed the debt with an Oregon-based life
Ariel Property Advisors arranges  $12m construction completion loan

Ariel Property Advisors arranges $12m construction completion loan

January 27, 2026
Queens, NY Ariel Property Advisors (Ariel) has arranged a $12 million refinance loan for a 27,000 s/f, 60-unit, three-building multifamily portfolio located in the Sunnyside section of the city.
LISC NY closes const./permanent loan with Aperture for new hdqtrs.

LISC NY closes const./permanent loan with Aperture for new hdqtrs.

January 27, 2026
Manhattan, NY LISC NY closed a major construction and permanent loan with Aperture to support the renovation of its new home at 380 Columbus Ave.
CBRE secures REFI for five building portfolio consisting of 60 apartments and seven retail sites

CBRE secures REFI for five building portfolio consisting of 60 apartments and seven retail sites

January 27, 2026
Manhattan, NY CBRE secured a REFI loan for over $28 million for a portfolio of five residential properties totaling 60 apartments and seven retail units located in Midtown, Greenwich Village, and the
Echelon Studios breaks ground on 10 purpose-built sound stages in Brooklyn

Echelon Studios breaks ground on 10 purpose-built sound stages in Brooklyn

January 27, 2026
Brooklyn, NY A joint venture between Bain Capital Real Estate (“Bain Capital”) and Bungalow Projects, Echelon Studios has broken ground on 10 purpose-built sound
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