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Developer taps into green finance for $76M multifamily loan

Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting .....»»

Category: realestateSource: realestateweeklyMay 14th, 2020

Greystone provides $36M HUD loan for green development

Greystone provided a $36.4 million HUD-insured construction loan under the HUD 221(d)(4) program to Grubb Properties LLC for the development of Link Apartments 4th Street, a new 224-unit multifamily apartment community located at 501 W. 4th.....»»

Category: realestateSource: realestateweeklyMar 4th, 2020

CIT group antes up $74M loan for multi-story JFK logistics hub

Triangle Equities Development Company and its partners, Township Capital Inc. and L&B Realty Advisors LLP, announced the closing of an $87 million construction loan for the ground.....»»

Category: realestateSource: realestateweeklyJan 29th, 2020

Lender pours $63M into The Umbrella Factory

JLL Capital Markets arranged a $63.6 million loan to refinance The Umbrella Factory at 722 Metropolitan Avenue, a mixed-use condominium and retail development in Williamsburg, Brooklyn. The group worked on behalf of Lo.....»»

Category: realestateSource: realestateweeklyJan 8th, 2020

Spruce antes up $50M for Brooklyn developers

S3 Capital Partners LP has provided a $50 million loan to the Loketch Group and Meral Property Group for the renovation of 10 Quincy.....»»

Category: realestateSource: realestateweeklyJan 8th, 2020

Connecticut nursing home gets $8M bridge loan

Greystone has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Connecticut. The $8,008,000 permanent FHA financing carries a 35-year term and 35-yea.....»»

Category: realestateSource: realestateweeklyJan 8th, 2020

$68M Capitol loan closed by Greystone team

Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section.....»»

Category: realestateSource: realestateweeklyDec 24th, 2019

ACRES antes up $33M for CT apartment project

ACRES Capital Corp. has originated an approximately $33 million loan to fund the conversion of One Atlantic, a historic, nearly 94,000 s/f mixed-use office and retail property, into a 77-unit multifamily building with ground-floor .....»»

Category: realestateSource: realestateweeklyDec 24th, 2019

$68M Greystone loan will protect affordable housing for seniors

Greys.....»»

Category: realestateSource: realestateweeklyDec 19th, 2019

Hudson affiliate refinances Williamsburg rental

Greystone has announced the closing of a $50,000,000 .....»»

Category: realestateSource: realestateweeklyNov 20th, 2019

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.....»»

Category: realestateSource: realestateweeklyNov 13th, 2019

Greystone closes $37M permanent loan for market rate Queens rental

Greystone announced the closing of .....»»

Category: realestateSource: realestateweeklyOct 23rd, 2019

MRC antes up $24M for mixed-used Soho refinance

Madison Realty Capital has provided a $23.7 million loan collateralized by a seven-story mixed-use building at 54 Thompson Street in the SoHo ne.....»»

Category: realestateSource: realestateweeklySep 26th, 2019

ACRES antes up $35M for mixed-used LIC property

ACRES Capital Corp. originated a $35 million loan to complete the construct.....»»

Category: realestateSource: realestateweeklySep 4th, 2019

TRANSACTIONS: Meridian places $12M mortgage on 7th Ave. multifamily

Greystone, a commercial real estate lending, investment, and advisory company, has provided a $6.5 million Freddie Mac Small Balance Loan (SBL) to refinance a 53-unit multifamily property in East Orange, New Jersey. The transaction was o.....»»

Category: realestateSource: realestateweeklyAug 21st, 2019

Greystone provides $16M Freddie loan for seniors

Greystone provided a $16.5 million Freddie Mac Program Plus loan for the acquisition of a 100-unit senior living community in New Jers.....»»

Category: realestateSource: realestateweeklyAug 7th, 2019

Elefant delivers some vintage multifamily

Greystone provided an $8,961,000 Fannie Mae loan to refinance a 113-unit property in Georgetown, TX. The transaction was originated by DJ Elefant in Greystone’s New York office on behalf of The Rail at G.....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

Knighthead antes up $14M

Knighthead Funding provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments, a multifamily community in the Ch.....»»

Category: realestateSource: realestateweeklyJun 6th, 2019

Greystone makes $72M bridge loan

Greystone provided $71,920,000 in financing for the acquisition and refinance of a 874-bed skilled nursing facility portfolio spanning North Carolina and Kentucky. The financing was originated by mnaging director Fr.....»»

Category: realestateSource: realestateweeklyJun 6th, 2019

MRC antes up $30M for XIN

Madison Realty Capital (MRC) provided a $30 million first mortgage loan collateralized by a mixed-use development site at 135-35 Northern Boulevard in Flushing, Queens. The financing allows Xinyuan Real Estate (XIN) to proceed with its plans.....»»

Category: realestateSource: realestateweeklyMay 24th, 2019