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TRANSACTIONS: GCP assembles $41M mortgage, Eastern Union cuts $19.5M loan in Yonkers

Meridian Capital announced the following transactions: • A new mortgage in the amount of $6,300,000 on a five-building, 55-unit cooperative property located on Lexington Avenue in New York, NY. The loan features a rate of 3.625% and a 10-year te.....»»

Category: realestateSource: realestateweeklyMar 7th, 2018

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

TRANSACTIONS: Meridian inks $12.7M loan, GCP secures $10M loan in Jersey

Meridian.....»»

Category: realestateSource: realestateweeklyApr 11th, 2018

Tamarkin secures $72M Highline loan

Madison Realty Capital (MRC) closed a $72 million first mortgage loan collateralized by Highline Development Group’s nearly completed.....»»

Category: realestateSource: realestateweeklyApr 11th, 2018

Jared Kushner Company Secures $600 Million Loan Amid White House Probe Into Business Deals, Report Claims

Kushner Cos. sought out the investment in October, and the lender has reportedly agreed to the terms pending underwriting approvals......»»

Category: topSource: newsweekApr 6th, 2018

TRANSACTIONS: Meridian secures $14.1M Brooklyn mortgage, GCP totals $33.7M in loans

Meridian Capital announced the following transactions: • A mortgage of $3,150,000 on an 18-unit multifamily property on Ogden Avenue in t.....»»

Category: realestateSource: realestateweeklyMar 28th, 2018

Greece gets green light for 6.7 billion euro bailout batch

Europe's bailout fund has approved a 6.7 billion euro ($8.32 billion) loan installment to Greece as part of its third international rescue program, with payment of the first 5.7 billion euros expected this week......»»

Category: topSource: foxnewsMar 27th, 2018

New Grand Avenue restaurant and bar will reflect northern Minnesota cuisine and history

An Iron Range-themed bar and restaurant is preparing to open near the intersection of Grand Avenue and Lexington Parkway in St. Paul. Tom Forti, owner of Sunrise Cafe at 1085 Grand Ave., recently closed the business to turn it into a pub and rest.....»»

Category: topSource: bizjournalsMar 20th, 2018

Greystone antes up $17M Williamsburg loan

Greystone has provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn. The transaction was originated by Avrom .....»»

Category: realestateSource: realestateweeklyMar 14th, 2018

C&W brings Korean cosmetics brand to Lexington Avenue

Cushman & Wakefield arranged a long-term lease for Innisfree, a South Korean cosmetics brand, at 750 Lexington Avenue. The space wi.....»»

Category: realestateSource: realestateweeklyMar 14th, 2018

Montgomery County"s Green Bank launches first loan product. Here"s its plan for the future.

Montgomery County Green Bank is launching its first loan product for businesses to finance energy efficiency projects — part of a larger plan to spend $14 million in settlement money from the 2016 acquisition of Pepco Holdings Inc. by Exelon Corp. .....»»

Category: topSource: bizjournalsMar 14th, 2018

Procida provides sure thing for Mabie Group

Procida Funding announce that its 100 Mile Fund recently closed on a $6,500,000 construction loan on the new 39,000 s/f Hooper Crossing, a mixed-use retail center at 1922 Hopper Avenue from the Mabie Group. 1922 Hooper Av.....»»

Category: realestateSource: realestateweeklyMar 7th, 2018

Greystone navigates refinance jungle to bag exit loan

Greystone provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn. The transaction was originated by Avrom Forman, managing director at Greystone. The sp.....»»

Category: realestateSource: realestateweeklyMar 7th, 2018