News:
Brokerage
Posted: June 23, 2015
Titan Capital funds $6.25 million for West Village Townhouse
Titan Capital was contacted by a property owner who was looking to refinance a maturing loan on a three-story townhouse located at 53 Jane St. in the West Village neighborhood of the borough. The owner purchased the property in 2009 in a quick, all-cash transaction as an investment property. For five years the property sat free-and-clear of debt until the owner decided to cash out on some of his equity in 2014 using a short term loan. As that loan was reaching its maturity date, the borrower reached out to Titan Capital in order to refinance the loan. Titan Capital was able to fund the $6.25 million loan as requested by the borrower.
Tags:
Brokerage
MORE FROM Brokerage
Olmstead Properties, Vertex complete acquisition of 19 West 44th St. in Midtown Manhattan
Manhattan, NY Olmstead Properties, in partnership with the investment platform Vertex, have acquired 19 West 44th Street, a 302,000 s/f office building located in Midtown,
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
