Category: Finance
Eastern Union achieves highest August loan volume in firm’s 18-year history with 502 mortgage appl...
September 17, 2019
Brooklyn, NY Eastern Union has filed the highest number of mortgage submissions of any previous August in the firm's 18-year history. The company, which has closed $12 billion in real estate transactions over the past three years, submitted 502 mortgage...
JLJ Capital provides $57 million in financing for 17-story, mixed-use Williamsburg project
September 17, 2019
Brooklyn, NY JLJ Capital, a leading provider of creative alternative financing solutions for major real estate projects, has agreed to provide a $57 million loan to 329 LLC for the completion of a mixed-use 17-story tower at 329 Broadway in Williamsburg.
Zhen, Berke and Smith of JLL arrange four retail leases totaling 7,189 s/f
September 17, 2019
Manhattan, NY According to JLL, in partnership with Columbia University, four new retail tenants are coming to the Morningside Heights neighborhood of the Upper West Side in the fall of this year. lue Bottle Coffee, Dos Toros, Loco Coco, and Hex & Company...
New York Life originates $103 million in financing for The Lanthian Apartments
September 17, 2019
Manhattan, NY New York Life Real Estate Investors, on behalf of New York Life Insurance Co., has originated $103 million in financing for The Lanthian Apartments, a 209-unit high-rise apartment building at 377 East 33rd St.
NKF adds Layne, Siegel and Celestin to NY Capital Markets Investment Sales division
September 17, 2019
New York, NY According to Newmark Knight Frank (NKF), three industry-expert capital markets professionals, Evan Layne, Brett Siegel and Jean Celestin, have joined NKF as vice chairmen and co-heads of the New York Capital Markets Investment Sales division.
GCP Capital Group arranges ten mortgages totaling $83.395 million; Includes $24 million for two six-...
September 17, 2019
New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $83.395 million for the following 10 deals:
Industrious raises $80 million in Series D funding
September 17, 2019
New York, NY Industrious, a flexible workspace provide, has closed an $80 million Series D funding round focused on strategic landlord partners. The round accelerates Industrious’s industry-first evolution to exclusively signing asset-light and low-risk landlord partnerships.
Nassi’s BCN closes $9 million construction loan for Bronx development
September 17, 2019
Bronx, NY Craig Nassi, owner of BCN Development, closed on a development site. Nassi plans to build 35,000 s/f in free-market residential units on the four lots at 2088 Valentine Ave. Plans are filed already and construction will begin in September. The $9 million loan that closed was a...
Burlington and subsidiary complete sale of AFCA 2 interests to Greystone; Will continue to develop n...
September 17, 2019
New York, NY According to Burlington Capital, LLC and Greystone & Co., Inc. (together with its affiliates, Greystone), they have completed a sale by Burlington Capital and one of its subsidiaries interests in America First Capital Associates Limited Partnership...
Lieberman and Haft of Meridian Capital arrange $15.6 million for three New York loans
August 20, 2019
New York, NY Meridian Capital Group has arranged $15.6 million in financing for three New York City area multifamily properties. These transactions were negotiated by Meridian managing director, Allan Lieberman, who is based in the company’s headquarters in downtown Manhattan.
Price and Geldmacher of Berkadia complete $104.27 million in financing
August 20, 2019
Bronx, NY Berkadia has completed $104.27 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility located on 3155 Grace Ave.
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