Category: Multifamily

Brooklyn, NY Peter Cohen of Leviathan Capital arranged a $16.2 million construction loan for a 20-unit condominium development in Greenpoint. The financing was structured with a 7.75% interest rate

Manhattan, NY JLL Capital Markets has arranged a $71 million construction loan for the development of 139 Franklin St., a boutique luxury condominium project in the heart of Tribeca.

Manhattan, NY Arrow Real Estate Advisors  structured a $15.7 million loan modification for a three-property multifamily portfolio on the Upper East Side. The transaction was secured through

Buffalo, NY The Habitat Company, a U.S. multifamily developer and property manager, joined development partners Duvernay + Brooks and Bridges Development, an affiliate of the Buffalo Municipal Housing Authority (BMHA), along with governor Kathy Hochul, residents and community stakeholders to celebrate the start of construction on the first phase of the redevelopment of Marine Drive Apartments public housing complex.

Manhattan, NY Global Holdings, MAG Partners, and Safanad have refinanced Anagram Turtle Bay, the completed 194-unit rental community at 300 East 50th St. M&T Realty Capital Corp. provided a $141.4 million bridge loan, replacing the property’s original $95 million construction financing from Bank OZK. The refinancing comes on the heels of the property’s stabilization in under one year and the leasing of its ground floor retail space to Serafina Mare

Manhattan, NY Investment Property Realty Group (IPRG) sold 445 East 78th St., a mixed-use building located on the Upper East Side, for $5.2 million.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 212 President St., a multi-family building located in the Carroll Gardens section of the borough, for $5.8 million.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 270 15th St., a multi-family building located in the Park Slope neighborhood, for $1.3 million.

Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 42 Richardson St., a development site located in the Williamsburg section of the borough, for $2.9 million to the Potrapeluk family.

Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 491 East 166th St., a re-development property located in the Morrisania section of the borough, for $1.7 million.

Miami Beach, FL Arrow Real Estate Advisors arranged an $85 million construction loan on behalf of Northlink Capital for the development of 7200 Collins Ave., a 222-unit luxury condominium project.