Category: Finance

Meridian Capital Group arranges $70 million refinance for 500,000 s/f office tower

Meridian Capital Group arranges $70 million refinance for 500,000 s/f office tower

October 14, 2025
Queens, NY Meridian Capital Group has arranged $70 million in financing for a 12-story, 500,000 s/f Class A office property located in Kew Gardens. The five-year, interest-only loan was
Ross of Largo Capital arranges $6.8 million refinancing

Ross of Largo Capital arranges $6.8 million refinancing

October 14, 2025
Montréal, QC Kevin Ross of Largo Capital Limited arranged the refinancing of a 6-storey heritage office building located in downtown Montréal. The property, which blends historic charm with modern functionality
JLL arranges $249 million financing for Anagram NoMad

JLL arranges $249 million financing for Anagram NoMad

October 14, 2025
Manhattan, NY JLL Capital Markets Group announced it has arranged $249.1 million in financing for Anagram NoMad, a 392-unit high-rise multifamily property located at 10 East 29th St
Phillips of Largo Real Estate completed a $1.85 million refinance

Phillips of Largo Real Estate completed a $1.85 million refinance

October 14, 2025
Arcade, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $1.85 million permanent first mortgage to refinance the existing debt and closing costs for a 32-unit multifamily property
Rosenberg & Estis, P.C. advises The Durst Organization on $1.3 billion financing of One Five One Times Square

Rosenberg & Estis, P.C. advises The Durst Organization on $1.3 billion financing of One Five One Tim...

October 14, 2025
Manhattan, NY Rosenberg & Estis, P.C. represented The Durst Organization in the structuring and closing of a $1.3 billion commercial mortgage-backed securities (CMBS) financing secured by One Five One, the 48-story, Class A, LEED Gold certified, 1.8 million s/f
Cronheim Hotel Capital secures $12.805 million for acquisition of Sonesta portfolio at Allentown Bethlehem Airport

Cronheim Hotel Capital secures $12.805 million for acquisition of Sonesta portfolio at Allentown Bet...

October 14, 2025
Allentown, PA Cronheim Hotel Capital (CHC) has secured $12.8 million from a conventional bank lender for the acquisition and renovation of the Sonesta Select and Sonesta ES. The 68% LTC, 5-year floating rate loan financing features
Texas A&M breaks ground on Aplin Center

Texas A&M breaks ground on Aplin Center

October 14, 2025
Bryan-College Station, TX Hundreds gathered Friday on the campus of Texas A&M University to celebrate the groundbreaking of what will become an immersive, hands-on learning hub that will also serve as a campus visitor center
Cohen of Leviathan Capital arranges $1.6 million construction loan

Cohen of Leviathan Capital arranges $1.6 million construction loan

October 14, 2025
Queens, NY According to Leviathan Capital, Peter Cohen has closed a $1.6 million construction loan. The proceeds will be used to develop two industrial warehouses located in the Astoria neighborhood.
Yonkers IDA approves financial <br>incentives for $36.1 million senior housing

Yonkers IDA approves financial
incentives for $36.1 million senior housing

September 30, 2025
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted final approval at its August 13 meeting of financial incentives for a $36.1 million affordable senior housing development located at 221-223 Buena Vista Ave. The nine-story building would feature 94 units comprised of
Cronheim Mortgage secures $10.3 million<br> for YoHo Lofts and Nepperhan Pl.

Cronheim Mortgage secures $10.3 million
for YoHo Lofts and Nepperhan Pl.

September 30, 2025
Yonkers, NY Cronheim Mortgage has secured $10.3 million to refinance a mixed-use portfolio. The transaction refinanced the existing debt on Nepperhan Pl., a mixed-use building with office and retail tenants as well as YoHo Lofts, a multi-story industrial loft building that has been converted
Avdoo secures $47 million construction loan <br>from Valley National Bank for 110 Boerum Pl.

Avdoo secures $47 million construction loan
from Valley National Bank for 110 Boerum Pl.

September 30, 2025
Brooklyn, NY Avdoo closed on a $47 million construction loan for 110 Boerum Pl., the firm’s newest residential development in Cobble Hill. The financing, provided by Valley National Bank, represents a milestone as the project continues to progress on this
Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development

Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development...

September 30, 2025
Manhattan, NY Merchants Capital secured $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Housing, a 384-unit historic, mixed-use affordable artist housing development. Westbeth Artists Housing is one of the oldest and largest affordable artist
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