Category: Finance

Blanton and Downing of Largo Capital arrange $13.2 million mortgage refinancing

Blanton and Downing of Largo Capital arrange $13.2 million mortgage refinancing

December 23, 2025
Houston, TX Ben Blanton and Max Downing of Largo Capital, Inc. arranged a permanent first mortgage of $13.2 million to refinance the existing debt on a 125-key
Arrow Real Estate Advisors arranges $21.3 million land & predevelopment loan for master-planned community

Arrow Real Estate Advisors arranges $21.3 million land & predevelopment loan for master-planned comm...

December 22, 2025
Rockland County, NY Arrow Real Estate Advisors negotiated the closing of a $21.3 million predevelopment land loan. The project is a proposed 637-unit master-planned residential community on the site of a
Stream Realty Partners closes recapitalization of portfolio of seven industrial properties

Stream Realty Partners closes recapitalization of portfolio of seven industrial properties

December 19, 2025
Dallas, TX Stream Realty Partners has closed on the recapitalization of a portfolio of seven Class A industrial assets in Texas. The industrial properties were contributed to a continuation vehicle formed in partnership with a New York-based global
Arrow Real Estate Advisors arranges $16.5 million bridge loan for retail center

Arrow Real Estate Advisors arranges $16.5 million bridge loan for retail center

December 18, 2025
East Brunswick, NJ Arrow Real Estate Advisors has arranged a $16.5 million bridge loan for a stabilized retail shopping center located at 352 Ryders Ln. The financing was secured on behalf of Shushana Co. through
Affinius Capital originates $200 million construction loan for 200 Douglass in Brooklyn

Affinius Capital originates $200 million construction loan for 200 Douglass in Brooklyn

December 15, 2025
Brooklyn, NY Affinius Capital LLC (Affinius Capital) has originated a $200 million construction loan to finance the development of 200 Douglass, a Class A multifamily property. Located in the Gowanus neighborhood, the 21-story development will feature 276 units and 20,000 s/f of ground floor retail.
Affinius Capital and Kennedy Wilson provide $78 million and $306 million loan to develop Harborside 8

Affinius Capital and Kennedy Wilson provide $78 million and $306 million loan to develop Harborside ...

December 12, 2025
Jersey City, NJ Affinius Capital and Kennedy Wilson closed on the financing for the ground-up development of Harborside 8, a multifamily project located on the waterfront. The capitalization includes $78
Brookhaven IDA closes on economic incentives for Coco Architectural Grilles

Brookhaven IDA closes on economic incentives for Coco Architectural Grilles

December 9, 2025
Holtsville, NY A fourth-generation family-owned, custom metal-fabricating business will expand in Holtsville after the Town of Brookhaven Industrial Development Agency (IDA) closed on a package of economic
Hempstead IDA gives final approval to benefits package for senior apartments in North Bellmore

Hempstead IDA gives final approval to benefits package for senior apartments in North Bellmore

December 9, 2025
North Bellmore, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) said the agency granted final approval to a package of economic development incentives that will assist a developer in constructing apartments for 55 and older renters on the site of a former synagogue.
Cronheim Hotel Capital secures $18 million for Residence Inn Middletown

Cronheim Hotel Capital secures $18 million for Residence Inn Middletown

December 9, 2025
Middletown, NY Cronheim Hotel Capital (CHC) has secured an $18 million permanent loan for the Residence Inn Middletown Goshen. The five-year fixed-rate loan is interest only for the full term. The hotel opened in 2020 and is located near numerous corporate demand drivers.
Phillips of Largo Real Estate arranges $10.975 million permanent first mortgage

Phillips of Largo Real Estate arranges $10.975 million permanent first mortgage

December 9, 2025
East Amherst, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $10.975 million permanent first mortgage to finance the acquisition of a 34,094 s/f single-tenant medical office building.
The Village of Mamaroneck pursues $4.5 million grant to revitalize downtown Mamaroneck Ave.

The Village of Mamaroneck pursues $4.5 million grant to revitalize downtown Mamaroneck Ave.

December 9, 2025
Mamaroneck, NY The Village of Mamaroneck (the Village) has implemented several economic initiatives the Village intends to pursue as part of its commitment to attracting private investment, reimagining Mamaroneck Ave., addressing the core community issue of chronic
Time Equities Inc. launches TEI Diversified Income & Opportunity Fund VII platform

Time Equities Inc. launches TEI Diversified Income & Opportunity Fund VII platform

December 9, 2025
Manhattan, NY Time Equities Inc. (TEI) has launched TEI Diversified Income & Opportunity Fund VII, LLC (Fund VII), a private real estate investment fund designed to provide accredited investors with access to a diversified
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