Queens, NY BHI, the U.S branch of Bank Hapoalim, B.M. has provided The Beechwood Organization with $10 million to finance the pre-development phase of The Lighthouse, a 109,000 s/f development site located on the northwest corner of Beach Front Rd. and Beach 67th St. in The Rockaways’ Arverne, area.
Manhattan, NY Bayport Funding launched its new Adjustable-Rate Fix & Flip Loan, designed to help investors stay ahead of a dynamic interest-rate environment. Introduced as a strategic solution to empower real estate investors during a shifting economy,
Nashville, TN The Becker Organization launched a new 1031 exchange and direct investment opportunity, Sixth & Division, a 1.74-acre site. The property, a fully operational
Being in the real estate business requires us to communicate and negotiate with people. We must be able to relate to people of different ages, personalities and nationalities. When meeting someone new for the
Brooklyn, NY BWE, a national commercial and multifamily mortgage banking company, has closed two loans totaling $120 million to refinance the Residence Inn Times Square and the Courtyard
Brooklyn, NY According to Leviathan Capital, Peter Cohen arranged a $1.89 million permanent loan secured by an 8-unit property located in the Crown Heights neighborhood
Syracuse, NY The Community Preservation Corp. (CPC) has arranged a $4.5 million construction loan to Skinner Properties for the redevelopment of the former William Howard Taft School, located in the Eastwood neighborhood of the city
Manhattan, NY Avison Young arranged an $80 million first mortgage refinancing of Gracie Mews, a luxury Upper East Side multifamily building located at 401 East 80th St., on behalf of an
Hempstead, NY Short Term Capital funded a $2.5 million bridge loan to facilitate the purchase of a commercial building. The existing building on the site will be demolished to make way for a new mixed-use rental development,
Queens, NY Greystone has provided a $114.5 million bridge loan on behalf of Iris Holdings Group for the acquisition and rehabilitation of The State Preservation Portfolio, a 753-unit multifamily portfolio. Iris
Columbus, OH Kevin Ross of Largo Capital, Inc. arranged a $7.2 million refinancing for the Great Eastern Shopping Center. The asset is an 86,000 s/f retail
New York, NY Ned Perlman of Largo Capital, Inc. has arranged a $5.6 million permanent first mortgage to refinance a portfolio of 12 veterinary clinics with NNN leases, totaling 46,040 s/f.