Category: Finance
Houlihan-Parnes Realtors place $29 million first mortgage on 222,637 s/f office condo
May 19, 2020
Bronx, NY James Houlihan, Bryan Houlihan, and Christie Houlihan of Houlihan-Parnes Realtors completed the placement of a $29 million first mortgage on the 222,637 s/f office condominium at 1775 Grand Concourse.
Lyons of Washington Trust arranges $13.5 million;
Placed for Commack CHI for 143-room Hampton In...
May 7, 2020
Commack, NY Washington Trust's Commercial Real Estate Group provided $13.5 million to Commack CHI, LLC, for the refinancing and property improvements of a 143-room Hampton Inn. Bethany Lyons, vice president of Washington Trust’s Commercial Real Estate Group...
Eastern Union helps business owners obtain Paycheck Protection Program Loans for phase two of federa...
May 3, 2020
Brooklyn NY The Small Business Administration-Paycheck Protection Program (SBA-PPP) loan program has run out of funds, but those funds are about to be replenished. Eastern Union, one of the country’s leading commercial real estate finance firms, has already helped thousands obtain SBA-PPP loan approvals over the past week.
COVID-19 1031 exchange deadline extensions - by Pamela Michaels
April 21, 2020
Real estate investors in NYC and the Northeast generally face a challenge like never before. How to buy real estate when we cannot leave our homes and when we are located in the center of a hotspot? For this reason, many real estate investors seeking tax deferral in
Black Bear Capital Partners secures $63.8 million financing for Finkelstein Timberger East Real Esta...
April 21, 2020
Bronx, NY Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, has arranged $63.8 million in permanent financing on
ABS Altman Warwick arranges two loans: $58 million total
April 21, 2020
Manhattan, NY ABS Altman Warwick, a NYC-based capital market advisory firm and division of ABS Partners Real Estate, closed on loans totaling $58 million on two multifamily portfolios.
Uber Capital Group sources $7.9 million financing
April 21, 2020
Marietta, GA Uber Capital Group (UCG) has sourced a $7.9 million refinancing loan for the Windy Hill Village shopping center located at 2359 Windy Hill Rd. Southeast.
GCP Capital Group arranges eight deals totaling $69.175 million
April 21, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $15 million for an 11-story multifamily apartment building containing 86 units, in the
SBA Issues New Guidance on Paycheck Protection Program - by Joseph Most, J.D.
April 7, 2020
Last night, the Small Business Administration (SBA) published additional guidance relating to the Paycheck Protection Program (PPP) in the form of FAQs. To date, this is the most clarity that the SBA has provided relating to this new lending program and
GCP Capital Group arranges eight mortgages totaling $109.97 million
February 18, 2020
Manhattan, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:
• $7 million for four contiguous
Merchants Capital places $40.9 million refinance
February 18, 2020
Manhattan, NY Mortgage banking company Merchants Capital has secured $40.9 million in refinancing for The Tapestry, 245 E. 124th St.,
Berkadia secures $32m in stretched senior financing
February 18, 2020
Manhattan, NY Berkadia secured stretched senior financing (a senior loan with a mezzanine loan component) for Emmut Properties
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