Category: Finance

GCP Capital Group arranges eight mortgages totaling $159.011 million

GCP Capital Group arranges eight mortgages totaling $159.011 million

January 21, 2020
Manhattan, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:
Capital One acts as agent for $430 million senior unsecured term loan for Essential Props. Realty Trust

Capital One acts as agent for $430 million senior unsecured term loan for Essential Props. Realty Tr...

January 21, 2020
New York, NY Capital One served as joint lead arranger, joint bookrunner, and administrative agent for a $430 million, seven-year,
Macerich refinances Kings Plaza in Brooklyn with $540 million loan

Macerich refinances Kings Plaza in Brooklyn with $540 million loan

January 21, 2020
Brooklyn, NY The Macerich Company closed a $540 million loan on Kings Plaza. The new loan bears a fixed interest rate of 3.62% and matures
Progress Capital secures $130 million permanent mortgage

Progress Capital secures $130 million permanent mortgage

January 21, 2020
Manhattan, NY Brad Domenico of Progress Capital arranged a $130 million permanent mortgage loan for YYY 62nd Street LLC,
Merchants Capital provides $37m financing for three affordable housing developments

Merchants Capital provides $37m financing for three affordable housing developments

January 21, 2020
Queens, NY The Manhattan office of mortgage firm Merchants Capital secured $37 million in funding for three supportive housing
USRC originates $31 million construction financing for 200 suite hotel with 38,500 s/f indoor water park in Queensbury

USRC originates $31 million construction financing for 200 suite hotel with 38,500 s/f indoor water ...

January 13, 2020
The Atlantic Northeast office of U.S. Realty Capital has originated a $31 million construction/mini-perm loan for a 200 suite hotel and indoor water park.
Fuld joins Eastern Union as VP of underwriting

Fuld joins Eastern Union as VP of underwriting

November 19, 2019
Brooklyn, NY Eastern Union has hired Judah Fuld, Esq., to serve as VP of underwriting for Eastern Equity Advisors. An affiliate of Eastern Union,
GCP Capital Group arranges eight mortgages totaling $95.9 million

GCP Capital Group arranges eight mortgages totaling $95.9 million

November 19, 2019
New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $95.9 million for the following eight New York City mortgage deals:
Community Preservation Corp. raises over  $700 million in capital

Community Preservation Corp. raises over $700 million in capital

November 19, 2019
New York, NY The Community Preservation Corp. (CPC) has over $700 million in capital available to lend and invest in affordable and workforce housing in N.Y. and the northeast U.S., as it continues to raise
Appel, Schwartz, Kurland, Schwartz and Diaz of AKS refinance $749 million

Appel, Schwartz, Kurland, Schwartz and Diaz of AKS refinance $749 million

November 19, 2019
Manhattan, NY AKS Capital Partners has arranged a $749 million refinancing from Brookfield for Milstein Properties to support the redevelopment of 335 Madison Ave. The debt will be used to enhance the
JLL Capital Markets arranges $350m loan for class A property

JLL Capital Markets arranges $350m loan for class A property

November 19, 2019
Manhattan, NY JLL Capital Markets has arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million s/f office building. The group worked on behalf of Shorenstein Properties LLC
Shmuely of Berkadia secures $121 million refinancing of 917-unit multifamily property

Shmuely of Berkadia secures $121 million refinancing of 917-unit multifamily property

November 19, 2019
Queens, NY Berkadia has secured $120.78 million in financing for 711 Seagirt, a 917-unit high rise multifamily property in Far Rockaway. Director Michael Shmuely of Berkadia’s New York office secured
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