Multifamily loan deals
Meridian Capital Group arranged $22.6 million in financing for four New York City area multifamily properties. The transactions were negotiated by managing director, Allan Lieberman The transactions included a $5.7 million .....»»
Apartment community on former Thunderbird school site sells for $69M; plus 4 more Valley deals to know
A 266-unit multifamily community on the former site of ASU's Thunderbird School of Management has traded hands. Plus, this week's roundup of real estate news includes a downtown apartment tower's groundbreaking.....»»
Cushman & Wakefield secures $62M construction loan for multifamily community
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Gantry"s Tom Grzebinski on the strength of the Buffalo market
Even with Covid-19, Grzebinski said there are deals to be made, especially when it comes to industrial, multifamily residential and self-storage projects......»»
Developer taps into green finance for $76M multifamily loan
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting .....»»
MRC funds $102M Florida loan as state looks to reopen
Madison Realty Capital (MRC) has originated a $102 million first mortgage loan for two separate multifamily assets in South Florida, where construction has b.....»»
Doctors and governors vie for masks in cloak-and-dagger deals
New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»
Meridian remotely closes $43M Bronx loan
Meridian Capital Group arranged $43.3 million in financing for a five-building multifamily portfolio located throughout Manhattan and the Bronx, NY.  The 10-year Fannie Mae loan, provided by Capital One Multifamily Finance, features a rate o.....»»
Birmingham multifamily properties sell in $9.9M deals
Two apartment communities in Birmingham have sold to the same investor over the past several weeks......»»
Rent regs don’t deter multifamily lender
ABS Altman Warwick, a division of ABS Partners, closed a $13 million loan for a 68-unit, 65,600 s/f apartment building at 232 East 1.....»»
BBCP arranges $64M to refinance Bronx apartment portfolio
Black Bear Capital Partners (BBCP) has arranged $63.8 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the refinance of an eight-property multifamily portfolio in the Bronx, NY. The loan, provided by Morgan St.....»»
How the coronavirus is slowing Phoenix metro multifamily deal closures
Difficulties transferring money, uncertainty about the future threaten deals in the multifamily sector. As one key industry executive told the Business Journal, 'We're in a wartime situation.'.....»»
Confusion reigns as owners, renters worry about how to pay their bills
Multifamily borrowers with Freddie Mac loans have been granted a 90-day extension on loan payments, it was announced yesterday (Tuesday, March 23rd). It was the first officially sanctioned pro.....»»
Freddie Mac to allow multifamily landlords to defer loan payments for 90 days
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
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.....»»
MRI funds $275M multifamily loan
Urban American has refinanced a 1,400-unit workforce housing portfolio with a $275 million loan from private equity firm Madison International Realty. The properties are located in prime New York neig.....»»
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 .....»»
Fresh off first sickle cell drug approval, Global Blood strikes new deals
In the wake of its FDA nod, the South City company has lined up a $150 million loan agreement and, separately, a potential $375 million partnership with Syros Pharmaceuticals......»»
Bronx multifamily owner refinances with $70M loan
Sabal Capital Partners, LLC has announced the close of a $70 million.....»»
TRANSACTIONS: GCP arranges mortgage financing in the aggregate amount of $53,650,000
Meridian Capital announced the following transactions: • A new mortgage of $6,700,000 on a multifamily property totaling 68 units located on Thayer Street in New York, NY. The loan features a rate of 3.30.....»»
Lightstone sends $44M to CA multifamily developer
Lightstone Capital has provided a $44 million senior loan to WS Communities to refinance two multi-family development sites in one of the most sou.....»»