Tishman closes on $380M construction loan in Brooklyn

Greenland Forest City Partners and The Brodsky Organization have closed on $460 million of construction financing for 18 Sixth Avenue (parcel B4) at Pacific Park, the new 22-acre mixed-use neighborhood in the heart of Brooklyn. Foundation .....»»

AGENTS The Corbin Group at Besen & Associates has been retained to sell the following properties: • 908 Bushwick Avenue, Brooklyn (pictured top). The brand new construction (2018) property comprises nine residential units, fully-lease.....»»

Naftali Credit Partners, a subsidiary of Naftali Group, has closed on a $65 million construction loan for .....»»

SCALE Lending announced the closing of a $35 million construction loan for a residential de.....»»

JEMB Realty Corporation announced the closing of a four-year, $235 million construction loan, one of the largest in Brooklyn to date, for One Willoughby Square, the 500,000 s/f contemporary, 34-story office tower in Downtown Brooklyn.....»»

Blackstone Mortgage provided $1.8 billion construction financing the Spiral, Tishman Speyer's $3.6 billion office development in the Hudson Yards market in New York City. The cost loan will be supported.....»»

“Opportunities to finance a project of this caliber are rare,” a JLL representative said......»»

Naftali Credit Partners, a subsidiary of Naftali Group, has closed a $50 million mezzanine loan for the construction of 145 Central Park North. The first offering by Naftali Credit Partners new debt platform, the loan is for the construction of a 13-.....»»

The Brooklyn Navy Yard Development Corporation (BNYDC) announced the $42 mil.....»»

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Meridian Capital Group arranged $11.3 million in financing for the construction of a multifamily devel.....»»

Eastern Union Funding announced the following transactions: A $24,320,000 first lien mortgage for the construction of a 210-unit multifamily on Challenger Blvd in Fort Myers, FL. This transaction was arranged by Abe Kolman an.....»»

Marcus & Millichap Capital Corperation announced the following transactions: • A $2,635,000 acquisition loan was arranged for a Walgreens in Windermere, Florida. The financing was arranged by Andrew Marcus and Andr.....»»

Recent real estate news in the Philadelphia area includes a milestone for the Bellwether District and a $100 million construction loan for a Northeast Philadelphia industrial project......»»

A regional bank provided the construction financing......»»

Finding construction financing has been challenging amid interest rate hikes, inflation and high costs of construction......»»

The construction loan comes from one of Japan's largest financial services firms......»»

The Boulder company now has plans to grow its team and product offering......»»

Unlike a traditional mortgage loan, construction loans do not include any principal payments, and you will only have to pay closing costs once......»»

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