Bridge loan for Brooklyn borrower
CUR Funding LLC, the lending arm of City Urban Realty, through an affiliate entity, has funded a $6,000,000 bridge loan s.....»»
Karp collects $34M to close out previous debt
Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated by Anthony Cristi, managing director & Hope Curt.....»»
HSP closes on $53M bridge loan for Penn Plaza office building
JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629- s/f boutique office property in the Penn Plaza submarket of Manhattan. JLL worked on behalf of the borrower, HSP Real Estate Group.....»»
TRANSACTIONS: Emerald Creek Capital places $13,200,000 bridge loan in Prospect Lefferts Gardens
Meridian Capital announced the following transactions: • A new mortgage of $9,100,000 was placed by Meridian on a multifamily property totaling 66 units located on Lefferts Avenue in Brooklyn,.....»»
A bridge loan may be the support you need to transition homes
TOWN SQUARE | Some buyers have plenty of cash to make a down payment on one property without selling their current home, but for those who do not have that advantage, a bridge loan is a possible solution......»»
Freezing student-loan payments saved just $2,000 per borrower, report finds
Nationwide, borrowers saved $82.7 billion in interest payments from the student-loan freeze, but Upgraded Points found minimal impact on individuals. Caelan Stulken / EyeEm/ Getty Images Student-loan payments a.....»»
Student-loan borrowers are battling for relief even after Biden"s administration canceled $2.3 billion: "We were taken advantage of"
One borrower said Trump's Education Department forgave his federal loans, but at a 0% rate. He's waiting to hear from the Biden a.....»»
: DeVos appointee who oversaw America’s student-loan portfolio resigns as Biden education secretary pledges to ease student-debt burden
Mark Brown's resignation came after calls for new leadership from Senator Elizabeth Warren and borrower advocates......»»
Dispatches from a Pandemic: ‘It feels predatory’: 6 million people are not eligible for a COVID-19 pause on student-debt payments — even if they work in public service
One student-loan borrower is slated to pay off her debt when she’s 87, despite a career in public service......»»
SBA to make borrower payments on six months of new loans
As part of the recently passed federal stimulus package, the Small Business Administration will make borrowers' first six payments for new SBA 504 real estate loans and its popular SBA 7(a) loan programs......»»
Mom-and-pop retailers take space at Brooklyn Bridge Park
Two mom-a.....»»
"Frankly, it"s a shame:" Publicly traded Malvern firm to repay $6.4M PPP loan
"The PPP could have provided an important bridge to companies like ours that have been severely impacted by Covid-19 and lack access to other forms of liquidity.".....»»
Emerald Creek arranges $17M luxury condo refi’
Emerald Creek Capital, a private bridge lender based in Manhattan, provided a $17 million bridge loan in the Prospect Heights neighborhood o.....»»
JLL arranges $60M bridge loan for NJ office complex
JLL Capital Markets has arranged $59.975 million in financing for Morris Corporate C.....»»
Mom-and-pop shops face red tape—or silence—from PPP lenders
For Cindy VandenBosch, who runs Turnstile Tours from her office in the Brooklyn Navy Yard, from JPMorgan Chase on the status of her loan prompted her to take desperate measures. When she... To view the full story, click the title link......»»
Haunting photos of the Brooklyn Bridge show how the coronavirus pandemic turned New York City into a ghost town
David Slotnick/Business Insider The Brooklyn Bridge pedestrian pat.....»»
Austin"s new business loan program gets federal approval
Austin has the green light to start a new loan program for businesses suffering financially during the coronavirus pandemic. On March 26, Austin City Council voted to create a temporary economic injury bridge loan program for businesses affected by C.....»»
Reminder - Manhattan Bridge Capital (LOAN) Goes Ex-Dividend Soon
Dividend Channel.....»»
Treasury secretary says $349B small business loan program will begin April 3
A federal program that will provide loans to small businesses — and forgiving portions used to pay employees — will be up and running Friday, Treasury Secretary Steve Mnuchin said Thursday afternoon. Experts expect a mad scramble by borrower.....»»
Metropolitan renews Sect. 8 contract with $38M FHA refi’ on Brooklyn properties
Rockport Mortgage Corporation has closed an FHA Section 223(f) refinancing loan of $38.6 million for Union S.....»»
Borrowers can pause their student-loan debt payments for two months, Trump says
Borrower advocates say pausing payments temporarily just ‘kicks the can down the road.’.....»»