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Meridian arranges Brooklyn multifamily construction loan

Meridian Capital Group arranged $11.3 million in financing for the construction of a multifamily devel.....»»

Category: realestateSource: realestateweeklyDec 5th, 2018

TRANSACTIONS: Meridian finances $9.5M Brooklyn multifamily, GCP arranges $20M loan in East Village

Eastern Union Funding announced the following transactions: A $24,320,000 first lien mortgage for the construction of a 210-unit multifamily on Challenger Blvd in Fort Myers, FL. This transaction was arranged by Abe Kolman an.....»»

Category: realestateSource: realestateweeklyJan 2nd, 2019

TRANSACTIONS: Eastern arranges $8.3M Brooklyn loan, GCP scores $11M in Yonkers financing

Eastern Union Funding announced the following transactions: • A $10,705,000 first lien mortgage for the acquisition of a 280-unit multifamily property in Little Rock, AR. This transaction was arranged by Meir Kess.....»»

Category: realestateSource: realestateweeklyApr 17th, 2019

TRANSACTIONS: Meridian arranges $3.4M Connecticut loan, GCP secures $18M funding for Gravesend property

Arbor Realty Trust, Inc. announced the following loans: A Freddie Mac SBL deal in Carson, CA. Sky South Bay, a 13-unit multifamily property, received $2.8M in funding t.....»»

Category: realestateSource: realestateweeklyMar 13th, 2019

TRANSACTIONS: Meridian inks $8M Flushing loan, GCP arranges $30M in loans

Meridian Capital announced the following transactions: • A new mortgage in the amount of $8,300,000 on a 68-unit multifamily property located on 148th Street in Flushing, NY. The loan features a rate of 3.75% and a seven-yea.....»»

Category: realestateSource: realestateweeklyApr 25th, 2018

Meridian arranges $35M construction loan for new Adellco apartment building

Meridian Capital Gr.....»»

Category: realestateSource: realestateweeklyJul 11th, 2018

TRANSACTIONS: Meridian negotiates $6.1M loan in Brooklyn

Meridian Capital announced the following transactions: Meridian negotiated a new mortgage in the amount of $6,100,000 on a 106-unit multifamily property located on Montgomery Street in Brooklyn, NY. The loan features a rate of 3.99 percent a.....»»

Category: realestateSource: realestateweeklyJul 18th, 2018

Transactions: Meridian places $4.7M loan, HFF arranges $10M mortgage

Meridian Capital announced the following transactions: A new mortgage of $4,725,000 was placed on a multifamily property totaling 20 units located on East 74th Street i.....»»

Category: realestateSource: realestateweeklyNov 14th, 2018

Anbau bags $140M Flatiron condo construction loan

Meridian arranged $138.6 million in financing for the ground-up construction of a condominium property in New York, on behalf of Anbau. The construction loan includes $96 million of senior financing provided b.....»»

Category: realestateSource: realestateweeklyApr 17th, 2019

ON THE SCENE: Corbin marketing new Brookyn building; Meridian team closes on retail condo

AGENTS The Corbin Group at Besen & Associates has been retained to sell the following properties: • 908 Bushwick Avenue, Brooklyn (pictured top). The brand new construction (2018) property comprises nine residential units, fully-lease.....»»

Category: realestateSource: realestateweeklyApr 11th, 2019

LOAN ZONE: Roundup of this week’s middle market loans

● BERKADIA $19M for Brooklyn midrise Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn. S.....»»

Category: realestateSource: realestateweeklyApr 3rd, 2019

Slate lends through SCALE for Brooklyn development

SCALE Lending announced the closing of a $35 million construction loan for a residential de.....»»

Category: realestateSource: realestateweeklyMar 13th, 2019

Tishman closes on $380M construction loan in Brooklyn

Tishman Speyer closed on a $380.6 million loan to finance the construction of 11 Hoyt, a 480-unit luxury condo building in Downtown Brooklyn. With funding for the proj.....»»

Category: realestateSource: realestateweeklyApr 19th, 2018

AMAC to reposition LES property with $47M Raymond James renovation loan

Meridian Capital Group arranged $42 million in financing for the acquisition and renovation of a multifamily pr.....»»

Category: realestateSource: realestateweeklyApr 11th, 2018

TRANSACTIONS: Meridian secures $11M Bronx loan, Cronheim inks $3M Jersey loan

Meridian Capital announced the following transactions: • A new mortgage in the amount of $11,640,000 on a 74-unit multifamily property located on Kings College Place in the Bronx, NY. The loan feature.....»»

Category: realestateSource: realestateweeklyMay 2nd, 2018

Meridian arranges $28M Brooklyn portfolio cash-out

Meridi.....»»

Category: realestateSource: realestateweeklyMay 2nd, 2018

TRANSACTIONS: Emerald Creek arranges Gowanus construction loan; Brick Capital funds UES mortgage;

Brick Capital Partners LLC, announced the following transactions: • Through an affiliate entity, Brick provided a second mortgage in the amount of $4,000,000 to a private real estate owner. Locat.....»»

Category: realestateSource: realestateweeklyMay 23rd, 2018

TRANSACTIONS: Meridian negotiated six new mortgages for total of $15.3M; GCP arranges $27.8M in mortgage financing

Meridian negotiated six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, .....»»

Category: realestateSource: realestateweeklyJun 27th, 2018

TRANSACTIONS: Meridian negotiates six Union City multifamily mortgages; Hakimian Capital funds Brooklyn deal

Meridian Capital announced the following transactions: • Six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, NJ. The loans feature rates of 3.67 percent and five-year terms. Judah Hammer negotiated t.....»»

Category: realestateSource: realestateweeklyJul 5th, 2018

Square Mile secures $115M for Hampshire Properties’ multifamily Brooklyn development

Square Mile Capital Management  has originated a $115 million loan secured by 1277 East 14th Street, an eight-story, 265,000 s/f multifamily property located in the Midwood neighborho.....»»

Category: realestateSource: realestateweeklyJul 18th, 2018

Canadians fund $235M construction loan for One Willoughby

JEMB Realty Corporation announced the closing of a four-year, $235 million construction loan, one of the largest in Brooklyn to date, for One Willoughby Square, the 500,000 s/f contemporary, 34-story office tower in Downtown Brooklyn.....»»

Category: realestateSource: realestateweeklyJul 25th, 2018