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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

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

Law firm Ganfer & Shore renews lease at 360 Lexington Avenue

Cushman & Wakefield arranged a six-year,.....»»

Category: realestateSource: realestateweeklyJun 21st, 2017

Law firm HSG scores rare sub-lease at 425 Lexington

Law firm Holwell Shuster & Goldberg LLP (HSG) has subleased 59,750 s/f from AmLaw 100 firm Simpson Thacher & Bartlett LLP at 425 Lexington Avenue for 16 years. Savills Studley brokered the deal for HSG, .....»»

Category: realestateSource: realestateweeklyJun 14th, 2017

Capodagli secures $50M MetLife loan for NJ multifamily property

Holliday Fenoglio Fowler secured $49.6 million in financing for Meridia Metro, a six-story, 222-unit multi-h.....»»

Category: realestateSource: realestateweeklyJun 9th, 2017

Fuchs family secures $59.8 bridge loan for Queens nursing facility

Greystone, a real estate lending, investment and advisory company, announced it has provided a $59.8 million HUD-insured permanent loan for T.....»»

Category: realestateSource: realestateweeklyJun 9th, 2017

Eastern Union arranges $68M for Washington D.C. apartment complex

Eastern Union Funding has arranged a $68 million loan to refinance a large apartment community in the Washington D.C. metro region. The deal is unique as it taps into Fannie Mae’s Green Financing program to fund energy- and water-sa.....»»

Category: realestateSource: realestateweeklyJun 9th, 2017

Refinancing on tap for Park Avenue South buildings

The owners of the buildings where Buzzfeed and Facebook have offices have obtained a $430 million loan to refinance the properties. The 10-year fixed-rate loan from Barclays allowed the owners, a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 5th, 2017

Japanese mega-bank signs 100,000 s/f lease in White Plains

Sumitomo Mitsui Banking Corporation has inked an 101,000 s/f lease at 1 North Lexington Avenue in White Plains, NY. The Japanese multinational banking and financ.....»»

Category: realestateSource: realestateweeklyMay 25th, 2017

Triple Five secures $1.67B construction loan for American Dream mall

Days after securing a $1.67 billion .....»»

Category: realestateSource: realestateweeklyMay 23rd, 2017