Category: Finance
Phillips of Largo Real Estate arranges $9 million loan
October 28, 2025
Amherst, NY Jack Phillips, principal at Largo Real Estate Advisors, arranged a $9 million bank loan to refinance an 81,569 s/f industrial/office property. Built in 1989, the property is 100% occupied
ERG Commercial Real Estate arranges $8.5 million refinance on Staten Island industrial property
October 14, 2025
Staten Island, NY ERG Commercial Real Estate has arranged a $8.5 million bridge loan to permanently refinance a large industrial property located in Staten Island. The property, at 501 Industry Road, is equipped with a 40,000 s/f industrial
Ariel Property Advisors' arranges $45 million financing package for acquisition and renovation of Ca...
October 14, 2025
Manhattan, NY Ariel Property Advisors’ Capital Services Group has arranged a $45 million financing package for the acquisition and renovation of the Cassa Hotel, a 166-key hotel with a retail condominium at 70 West 45th St. in Midtown.
Newmark arranges $230 million refinancing for 520-524 Bdwy.
October 14, 2025
Manhattan, NY Newmark has arranged a $230 million refinancing on behalf of Northwood Investors for 520-524 Bdwy, a collection of two historic mixed-use properties located in SoHo. Newmark co-president, global debt and structured finance Jordan Roeschlaub and vice chairman Nick Scribani secured the financing from Barings, which was led by Jonathan Neff.
Lorimer Capital closes $51 million construction loan for 126,500 s/f 29 Wythe Ave. development
October 14, 2025
Brooklyn, NY Lorimer Capital closed a $51 million construction loan secured by 29 Wythe Ave., a to-be constructed 126,500 s/f, four-story mixed-use development which will include retail, entertainment, hospitality and covered parking in Williamsburg. The project is being developed by Double U
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
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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
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
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 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 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
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
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