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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

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 propertyâ.....»»

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

Electronics company Ricoh takes 30,469 s/f at 711 Third Avenue

SL Green announced that Ricoh USA, a digital b.....»»

Category: realestateSource: realestateweekly15 hr. 2 min. ago

Office condo breaks ground in Broward with $13M loan

H&M Development recently broke ground on the Beacon Hallandale office condo tower after obtaining a $13 million construction loan. Mount Dora-based First Green Bank awarded the mortgage to Beacon Hallandale 26 LLC, an affiliate of Aventura-based .....»»

Category: topSource: bizjournalsMar 14th, 2017

Developer secures $300 million for downtown Manhattan condo project

The Lightstone Group secured a $305 million loan to build an 800-foot-tall condo tower in lower Manhattan. The company sourced the construction loan from Mack Real Estate Credit Strategies, a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2017

Hakim Organization secures $24.5M loan for High Line 537 rental tower

The Hakim Organization has secured a seven-year, $24.5 million refinancing for luxury rental Hi.....»»

Category: realestateSource: realestateweeklyMar 9th, 2017

Asian banks bundle $269M loan for Victor, Lendlease tower

Lendlease and Victor Group secured a $269 million construction loan for the 281 Fifth Avenue development on the corner of East 30th street and Fifth Avenue. The lender is a consortium of three Singapore-based banks led by United Overseas B.....»»

Category: realestateSource: realestateweeklyMar 8th, 2017

Transactions: Meridian negotiates $6M mortgage in the Bronx, Ariel’s $1.8M NJ loan

Meridian negotiated a new mortgage in the amount of $6,000,000 on a five-story, 26-unit multifamily property located on Creston Avenue in the.....»»

Category: realestateSource: realestateweeklyFeb 22nd, 2017

Shippabo secures funding for ‘Expedia of freight shipping’

As an importer who supplies lifestyle products to major retailers that include Costco and Saks Fifth Avenue, Nina Luu needed a user-friendly supply chain management system with good visibility to avoid costly penalties for missed deadlines. So sh.....»»

Category: topSource: bizjournalsFeb 16th, 2017

Landsea secures $102.3M loan for Avora condo project in Weehawken

Developer Landsea closed on a $102.3 million construction loan for Avora, a 184-unit luxury condominium project on the Weehawken, NJ waterfront facing midtown Manhattan. The 11-st.....»»

Category: realestateSource: realestateweeklyFeb 15th, 2017

S3 Capital arranges $12.5M loan for Prospect Lefferts Gardens parcels

S3 Capital Partners, a private lender, has arranged a $12,500,000 construction loan for two parcels located on Bedford Avenue in the Prospect Lefferts Gardens neighborhood of Brooklyn. The property is a new groun.....»»

Category: realestateSource: realestateweeklyFeb 10th, 2017

Xerox signs 26,714 s/f lease at 485 Lexington

SL Green Realty Corp has leased a total of 26,714 s/f of office space to Xerox ,the Connecticut-based global, technology business services provider, and its related com.....»»

Category: realestateSource: realestateweeklyFeb 3rd, 2017

Struggling $150M clean energy loan program names new chief

The Hawaii Green Infrastructure Authority has named Gwen Yamamoto Lau as its new executive director, the state agency regulating the use of a controversial $150 million clean energy loan program said Friday. Yamamoto Lau, whose appointment became effect.....»»

Category: topSource: bizjournalsJan 20th, 2017

TRANSACTIONS: GCP Capital Group arranges mortgage financing in aggregate amount of $27M

Meridian Capital announced the following transactions: • A new mortgage in the amount of $2,000,000 on a four-story, 16-unit multifamily property located on East New York Avenue in Brooklyn, NY. The loan features a rate of 2.90% and a five-year.....»»

Category: realestateSource: realestateweeklyJan 12th, 2017

Equinix Secures New Term Loan, Alters Existing Loan Rates

Equinix Inc. (EQIX) recently declared t.....»»

Category: topSource: zacksJan 10th, 2017

Giggles Campfire Grill owner sells Original Gabe"s in St. Paul

The Original Gabe’s by the Park, a decades-old eatery in St. Paul, has been sold to new owners. The Pioneer Press reports on the move by Tim Weiss, who took over the Lexington Avenue restaurant in 1989 and is selling it to brothers Dan, Rick an.....»»

Category: topSource: bizjournalsJan 9th, 2017

Renovated Grand Cellars | Coffeemania | Watchtower building

Central Cellars 33 Grand Central Terminal (89 E. 42nd St.) The renovated wine and liquor store is now open in the train station's Graybar Passage, close to Lexington Avenue. Experts are on hand to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2017