Ginsburg secures $29M loan for White Plains luxury residential project

Avison Young announced the closing of a $28.64 million loan to finance the acquisition of the Halstead White Plains, a 124-unit luxury multi-family property located at 24 South Lexington Avenue, White Plains, NY. David Kras.....»»

Category: realestateSource: realestateweeklyFeb 10th, 2017

TRANSACTIONS: Eastern Union Funding arranges $50M medical mortgage; GCP secures $40M for Brownsville building

Meridian Capital announced the following transactions: A new mortgage in the amount of $7,500,000 on a 96-unit multifamily property located on Ocean Avenue in Brooklyn, NY. The loan features .....»»

Category: realestateSource: realestateweeklyJan 10th, 2018

Rabsky secures bridge loan for Myrtle Avenue mixed-use development

Madison Realty Capit.....»»

Category: realestateSource: realestateweeklyDec 12th, 2017

Cornell secures $64M construction loan for Williamsburg development

Cornell Realty has secured a $64 million construction loan for its mixed-use development at 200 Kent Avenue in Williamsburg. .....»»

Category: realestateSource: realestateweeklyNov 22nd, 2017

SL Green sells 600 Lexington Avenue for $305 million

SL Green Realty Corp. announced they have agreed to sell 600 Lexington Avenue for.....»»

Category: realestateSource: realestateweeklyNov 16th, 2017

Three finance firms sign leases at SL Green’s 600 Lexington Avenue

SL Green Realty Corp has signed new leases with three prestigious financial firms at 600 Lexington Avenue, the 304,750 s/f property located .....»»

Category: realestateSource: realestateweeklySep 20th, 2017

Developer Chris Xu secures $44M loan for Jamaica, Queens Marriott hotel

Developer Chris Xu has scored a $44 million loan for a Marriott hotel in Jamaica, Queens. Xu, who heads United Construction and Development Group, plans to build a 15-story, 203,800 s/f building at 148-18 Archer Avenue. The towe.....»»

Category: realestateSource: realestateweeklySep 8th, 2017

SL Green, Vornado secure $1.2 billion loan for 280 Park Avenue

SL Green and Vornado have closed a $1.2 billion loan for 280 Park Avenue. The floating-rate, interest-only mortgage matures in September 2024. The new loan replaces a $900 million mortgage from Deutsche Bank, which was scheduled to to mature in Ma.....»»

Category: realestateSource: realestateweeklyAug 24th, 2017

Vornado secures $500M loan for 330 Madison Avenue

Vornado Realty Trust has secured a $500 million mortgage for 330 Madison Avenue. The seven-year loan matures in August 2024 and has a fixed rate of 3.475 percent. The property is a 40-story .....»»

Category: realestateSource: realestateweeklyJul 24th, 2017

Paramount secures $300M loan for 712 Fifth Avenue in Midtown

Paramount Group has secured $300 million in financing for 71.....»»

Category: realestateSource: realestateweeklyJun 15th, 2017

Orda secures $430M loan for 225-233 Park Avenue South

Barclays has provided $430 million in financing for Orda Man.....»»

Category: realestateSource: realestateweeklyJun 7th, 2017

SL Development secures $53.5M loan for 722 Metropolitan Avenue purchase

SL Development has secured a $53.5 million first mortgage loan for its acquisition of 722 Metropolitan Avenue in Williamsburg, Brooklyn. The property, a 90,000 s/f development site, previously contained an umbrella factory that started .....»»

Category: realestateSource: realestateweeklyMay 17th, 2017

Empire State Realty Trust secures $30M loan for 1542 Third Avenue

Retail landlord Empire State Realty Trust scored a $30 million mortgage for condo building 1542 Third Avenue in the Upper East Side. The f.....»»

Category: realestateSource: realestateweeklyMay 5th, 2017

Boston Properties secures $2.3B GM Building loan

Boston Properties has secured a $2.3 billion loan for the GM Building at 767 Fifth Avenue. Boston Properties CFO Michael LaBelle announced the transaction during an earnings call last week. The ten-year loan will ha.....»»

Category: realestateSource: realestateweeklyMay 3rd, 2017

Chinese firm HNA secures $1.75B loan for 245 Park Avenue purchase

Chinese conglomerate HNA Group has secured a 10-year, $1.75 billion loan for its acquisition of 245 Park Avenue in Midtown Manhattan. According to Commercial Mortgage Alert, a group of five banks fund.....»»

Category: realestateSource: realestateweeklyApr 11th, 2017

XIN secures $108M loan for 615 Tenth Avenue in Hell’s Kitchen

XIN Development International, the US subsidiary of Chinese development giant XINYUAN Real Estate Ltd., has secured a $108 million construction loan for its first Manhattan development. The Bank of Ozarks funded the non-recourse loan in a d.....»»

Category: realestateSource: realestateweeklyMar 31st, 2017

Meridian secures $20M loan for NN-leased Williamsburg office

Meridian Capital Group arranged $20 million in financing for an office property located in Brooklyn’s South Williamsburg neighborhood on behalf of 731 Flushing Avenue Associates, LLC. The five-year loan, provided by a New York-based bank, feat.....»»

Category: realestateSource: realestateweeklyJan 25th, 2017

Vornado secures $400M loan for 350 Park Avenue

Vornado Realty Trust has secured $400 million in financing for 350 Park Avenue in Midtown Manhattan. The ten-year loan has a fixed rate of 3.92 percent. According to Vornado, the deal generated net proceeds of $111 million after it paid back the property.....»»

Category: realestateSource: realestateweeklyDec 7th, 2016

Investment manager MKP Capital renews at SL Green’s 600 Lexington

SL Green Realty Corp announced that MKP Capital Management, a leading  international investment manager, has signed a renewal lease for five-plus years covering 25,995 s/f at 600 Lexington Avenue. MKP occupies the entire 16th, 17th, and 18th floors in th.....»»

Category: realestateSource: realestateweeklyNov 2nd, 2016

SL Green Secures $1.5 Billion Construction Loan, Paving Way for One Vanderbilt Super Skyscraper

SL Green Realty Trust (NYSE: SLG), New York City's most prolific commercial property owner, has secured a $1.5 billion in construction financing for its proposed One Vanderbilt office tower. With financing in place, construction can move forward on the.....»»

Category: realestateSource: costarSep 28th, 2016