Category: Finance

Global Holdings completes $190m refinancing for Anagram Columbus Circle

Global Holdings completes $190m refinancing for Anagram Columbus Circle

December 9, 2025
Manhattan, NY Global Holdings has completed the $190 million refinancing of Anagram Columbus Circle, the firm’s luxury residential tower located at 1 West 60th St., near Central Park and Billionaire’s Row. J.P. Morgan served as the agent and provided the loan along with Sumitomo Mitsui Trust Bank. The loan was structured as a first-mortgage refinancing. 
Arrow R.E. arranges $220  permanent refinance for Lorimer House and Copper Lofts

Arrow R.E. arranges $220 permanent refinance for Lorimer House and Copper Lofts

December 9, 2025
Brooklyn, NY Arrow Real Estate Advisors has arranged a $220 million permanent refinance on behalf of The Loketch Group, Joyland Group, and Meral Property Group for two newly developed, adjacent multifamily properties, Lorimer House and Copper Lofts, located at the corner of Lorimer St. and Bdwy.
Pyramid Management secures two new five-year CMBS financings for two properties

Pyramid Management secures two new five-year CMBS financings for two properties

December 9, 2025
Albany, NY Pyramid Management Group, one of the largest shopping center developers in the Northeast, has secured a new five-year, $193 million CMBS loan package on Crossgates Mall. This new loan will allow Pyramid
Arrow Real Estate Advisors arranges $46 million refinance for The Marshall at Rochester

Arrow Real Estate Advisors arranges $46 million refinance for The Marshall at Rochester

December 9, 2025
West Henrietta, NY Arrow Real Estate Advisors arranged a $46 million refinance for The Marshall at Rochester, a Class A student housing community located at 3948 East River Rd. The financing was secured on behalf of Aptitude Development, a national
Madore of Largo Capital arranges $5.2 million acquisiton

Madore of Largo Capital arranges $5.2 million acquisiton

December 9, 2025
Port St. Lucie, FL Patrick Madore of Largo Capital, Inc. arranged a $5.2 million acquisition loan for a newly constructed, state-of-the-art small bay
Perlman of Largo Real Estate secures $10.6 million construction financing

Perlman of Largo Real Estate secures $10.6 million construction financing

December 9, 2025
Buffalo, NY Ned Perlman of Largo Real Estate Advisors, Inc. secured $10.6 million in construction financing for the redevelopment of a mixed-use property
Colligan of Largo Capital arranges $17.636 million refinancing

Colligan of Largo Capital arranges $17.636 million refinancing

November 25, 2025
Levittown, PA Neal Colligan, principal at Largo Capital, Inc., arranged a permanent first mortgage to refinance the existing debt on Country Manor Apartments, a 200-unit multi-family property, a suburb positioned between
Avison Young arranges $147 million refinance for <br>255 Greenwich St. on behalf of Jack Resnick & Sons

Avison Young arranges $147 million refinance for
255 Greenwich St. on behalf of Jack Resnick & S...

November 25, 2025
Manhattan, NY Avison Young arranged a $147 million first mortgage refinancing of 255 Greenwich St., a 600,000 s/f Class A office building with ground floor retail and parking in Tribeca, on behalf of an affiliate of Jack Resnick & Sons. The 14-story property was developed in 1987 by Jack Resnick & Sons, which was founded in 1928 and now spans three generations
GFI Realty arranges $40 million acquisition loan for Avalon Brooklyn Bay

GFI Realty arranges $40 million acquisition loan for Avalon Brooklyn Bay

November 25, 2025
Brooklyn, NY GFI Realty Services closed a $40 million acquisition loan for 1501 Voorhies Ave., formerly known as Avalon Brooklyn Bay and rebranded by the buyer as Aqualina New York, located in the Sheepshead Bay neighborhood. The financing was secured through OceanFirst Bank and arranged by Daniel Lerer
SL Green secures $1.4 billion refinance for 11 Madison Ave.

SL Green secures $1.4 billion refinance for 11 Madison Ave.

November 25, 2025
Manhattan, NY Fried Frank advised SL Green Realty Corp. (SL Green), and its joint venture with PGIM Real Estate, in connection with the completion of a $1.4 billion, five-year, fixed-rate refinancing of 11 Madison Ave., a 2.3 million s/f office tower in Midtown South. The new mortgage replaces the
IREON Insights: Tax consequences of using debt financing to acquire real estate in a self-directed IRA - by Richard Levychin

IREON Insights: Tax consequences of using debt financing to acquire real estate in a self-directed I...

November 25, 2025
The act of borrowing money itself in a self-directed IRA is not a taxable event. However, using borrowed funds (debt financing) to acquire or improve rental properties can subject the IRA to taxes on unrelated debt-financed income (UDFI), which is a form of unrelated business taxable income (UBTI). This means
AANDAR Real Estate Capital closes $50 million across three transactions

AANDAR Real Estate Capital closes $50 million across three transactions

November 25, 2025
Manhattan, NY AANDAR Real Estate Capital has closed three transactions totaling nearly $50 million within four weeks, spanning three asset classes and capital structures across the U.S.  “These closings capture exactly what defines AANDAR — precision, creativity,
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