St. Petersburg, FL PTM Partners has closed on a $125 million construction loan from an affiliate of GID to finance EDGE Collective II, a 330-unit Class AA multifamily high-rise including 19,000 s/f of retail space in the EDGE District.
Manhattan, NY New Empire Group has expanded its real estate development portfolio with three acquisitions totaling more than $122 million: 567 2nd Ave. ($38 million), 10 East 30th St. ($33.5 million), and 4 West 43rd St. ($51 million).
Queens, NY Northmarq’s White Plains Debt + Equity team led by Robert Ranieri arranged $7 million in financing for a 53,000 s/f industrial distribution warehouse located at 56-75 49th St. in the Maspeth neighborhood
New Rochelle, NY Westchester Youth Sports Empowerment (WYSE) has secured 111 Plain Ave. as their inaugural facility. The old drill-bit factory now begins its transformation into the first WYSE Clubhouse and a model for a broader initiative to bring
Manhattan, NY Global Holdings secured refinancing of 120 Park Ave., its 620,000 s/f office tower located near Grand Central Terminal on Park Ave. in Midtown. The $382.4 million loan was co-originated by Wells Fargo and LBBW and includes $360.5 million
Manhattan, NY Slate Property Group closed on a $63 million refinancing for a three-building multifamily portfolio in Chelsea. The portfolio totals 94 residential units and 68,139 s/f across three properties – 229 West
Watchung, NJ G.S. Wilcox & Co. has secured $60 million in financing for Watchung Square, a 560,000 s/f retail property. The financing was arranged by Gretchen Wilcox, president and founder, Bridget Wilcox, partner, and Al Raymond,
Brooklyn, NY GAIA Real Estate has secured an additional one-year extension of its $48 million loan with Raymond James Bank for 55 Hope, a multifamily property in Williamsburg. The extension pushes the loan’s maturity to August 2027,
South Brunswick, NJ Talonvest Capital secured $87 million in bridge loans for two premium self-storage projects on behalf of 1784 Holdings, a privately held real estate development company.
Plano, TX Meridian Capital Group has arranged $29.65 million in construction financing for the first phase of a single-family residential community located at 2601 East Parker Rd. The 80% loan-to-cost, non-recourse financing was provided by Arixa Capital and
New York, NY JLL Capital Markets arranged $140 million in refinancing for a portfolio of eight Class A self-storage facilities totaling 742,855 s/f across seven states in
Mount Arlington, NJ G.S. Wilcox & Co. secured a $15.5 million construction loan for a three-building mixed-use property. The financing for the property was arranged by