Category: Finance
CPC and REI REI LLC close $1.5m financing for Liberty St. Lofts
February 2, 2021
Penn Yan, NY The Community Preservation Corp. (CPC) and REI REI LLC, whose principals are Cindy and Vincent Rosato, closed $1.5 million in construction and permanent financing to rehabilitate Liberty Street Lofts into an
Marcus & Millichap brokers and finances Saratoga Springs hotel sale: 73-room Best Western trades for...
October 1, 2020
Saratoga Springs, NY Marcus & Millichap has completed the sale of a 73-room hotel, the Best Western Saratoga Springs, at 3291 S. Broadway, according to John Krueger. The property sold for $5.6 million. The deal was brokered on both sides by Jerry Swon, Daniel Zagoria, and Cameron Pierce,
Sleepy Hollow Holdings pays off $8.75m bridge loan from Procida Funding, obtains conventional fundin...
July 21, 2020
Sleepy Hollow, NY Procida Funding provided an $8.75 million loan to Sleepy Hollow Holdings, LLC in February 2019 for the acquisition of and capital expenditures on a 70-unit mixed-use multifamily portfolio.
Retail investors seek real estate investments online - by Janine Yorio
July 7, 2020
In 2012, the JOBS Act created an exemption under the federal securities laws that lowered the barriers to invest in private companies, enabling the so-called “crowdfunding” industry to facilitate the sale of
Meridian Capital Group secures $5.5 million financing
June 16, 2020
Baltimore, MD Meridian Capital Group arranged $5.5 million in financing to refinance Printers Sq., a multifamily community, on behalf of Matt Teichman, founder of BCI Management LLC.
Real estate finance siblings launch BIPS Podcast
May 29, 2020
New York, NY Siblings Kimberly Zar Bloorian and Yaakov Zar have recently launched a new podcast titled BIPS, where prominent real estate lenders are interviewed to provide a peek into the lender landscape.
GCP Capital Group arranges eight deals totaling $82.15 million
May 19, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:
Uber Capital Grp. sources $11 million acquisition financing for Fountain Place shopping center
May 19, 2020
Logan, WV Uber Capital Group (UCG) has sourced an $11 million acquisition financing loan for the Fountain Place shopping center located at 89 Norman Morgan Blvd. The client was a private real estate investor
Mavashev and Onishchenko of Alpha Realty handle $18.5m bridge loan
May 19, 2020
Newark NJ According to Alpha Realty, its newly formed Private Capital Group has handled $18.5 million for an eight-building multifamily portfolio.
Black Bear Capital Partners arranges two loans totaling $69.4 million: Permanent financing secured f...
May 19, 2020
Bronx, NY According to Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, it has arranged $53.9 million in permanent financing on
C&W advises 34-22 Astoria Partners for $26.5m refinance
May 19, 2020
Queens, NY Cushman & Wakefield (C&W) served as the exclusive adviser to 34-22 Astoria Partners LLC, led by Theodore Kakoyiannis of Valyrian Capital, in the procurement of $26.5 million for the
ABS Altman Warwick closes $13.5 million loan
May 19, 2020
Manhattan, NY ABS Altman Warwick, a locally-based capital market advisory firm and division of ABS Partners Real Estate, has closed a $13.5 million loan for an office building located at 425-427 Madison Ave. in
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