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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

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

Black Spruce secures $75M loan for 13-building Chelsea portfolio

Black Spruce Management has secured a $75 million loan for a 13-building Ch.....»»

Category: realestateSource: realestateweekly17 hr. 15 min. ago

Yelp expands to 192,000 s/f at 11 Madison Avenue

SL Green Realty Corp , New York City’s largest commercial landlord, announced that Yelp, Inc. has signed a 39,565 s/f seven-year expansion lease for is New York office at 11 Madison.....»»

Category: realestateSource: realestateweeklyAug 16th, 2017

Next Avenue: 5 amazing things green spaces can do for your health

Being out in nature — or even living close to it — can have a significant, positive impact on your health......»»

Category: topSource: marketwatchAug 8th, 2017

Retail: Bank of America renews at 1066 Lex, ITSU opening at 530 Seventh

Newmark Bank to stay on UES  Newmark Knight Frank negotiated a renewal for 6,768 s/f of ground-floor retail space for Bank of America on the northwest corner of 75th Street and 1066 Lexington Avenue. They have also.....»»

Category: realestateSource: realestateweeklyAug 4th, 2017

Happy Living Development secures $32M loan for Prospect Heights property

Aristone .....»»

Category: realestateSource: realestateweeklyAug 4th, 2017

Electric-Car Maker Faraday Secures Rescue Loan

Faraday Future, a high-profile electric-car startup, has pledged its corporate headquarters in Los Angeles as collateral to secure a rescue loan intended to keep the lights on while it seeks new investors......»»

Category: smallbizSource: wsjAug 3rd, 2017

Xiaomi secures $1 bn loan to boost retail footprint, global expansion

Xiaomi is now present in over 40 countries and regions where it has leading market shares.....»»

Category: topSource: business-standardJul 28th, 2017