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Tomassetti lands construction loan for self-storage venture

Progress Capital announced that Kathy Anderson arranged a $14.5 million construction loan for Dino Tomassetti, managing member of 1 Holland, LLC.  The property is located at 1 Terminal Road in Lyndhurst, NJ and when comple.....»»

Category: realestateSource: realestateweeklyMay 11th, 2020

SHVO lands $120M construction loan for Fifth Avenue conversion

A joint venture led by SHVO along with partners Deutsche Finance and Bilgili Group has secured a $120 million construction loan from CIM Group for 685 Fifth Avenue. The joint venture secured appr.....»»

Category: realestateSource: realestateweeklyDec 24th, 2019

Joint venture lands $350M construction loan for 15 E. 30th Street

The developers behind a 756-foot condo building in NoMad secured a $350 million construction loan this week. New York-based developer JD Carlisle Development Group and Shanghai’s Fosun International landed the loan from B.....»»

Category: realestateSource: realestateweeklyMay 8th, 2018

Hialeah self-storage facility project receives $18 million loan

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

Category: topSource: bizjournalsApr 30th, 2024

Eastern Union arranges $15M construction loan

Eastern Union, one of the country’s leading commercial real estate finance firms, has arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Perth.....»»

Category: realestateSource: realestateweeklyMay 6th, 2020

Developer lands $40M loan to start on Lionsgate studio in Yonkers

Filming is , but investors are still betting on . The development team behind a said Tuesday that it has closed a $40 million construction loan and will start building as soon as the state... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 8th, 2020

Alabama company lands $100M project

An Alabama company has secured a more than $100 million contract in Guam. Caddell Construction, along with joint venture partner Nan Construction, were awarded a contract to design and build a new barracks at Naval Base Guam. Caddell-Nan Joint V.....»»

Category: topSource: bizjournalsApr 1st, 2020

Rockaway hotel venture tops up its reserves

The development team behind a new Rockaway hotel venture has secured a $32.5 million construction loan. Warshaw Burstein represented the owner of The Rockaway Beach Hotel project in the transaction. The ownershi.....»»

Category: realestateSource: realestateweeklyJan 16th, 2020

LIC lab venture secures $156M construction loan

JLL Capital Markets has arranged $156 million in construction financing for the adaptive re-use of 45-18 .....»»

Category: realestateSource: realestateweeklyJan 9th, 2020

Shvo bags $190M for Beverly Hills build

The joint venture led by SHVO, Bilgili Group, and Deutsche Finance that owns 9200 Wilshire Boulevard in Beverly Hills has closed on a $190 million construction loan to break ground on the project. The group purcha.....»»

Category: realestateSource: realestateweeklyOct 16th, 2019

Goldman Sachs funds DCʼs largest-ever construction loan

Hoffman-Madison Waterfront (HMW), a joint venture of Hof.....»»

Category: realestateSource: realestateweeklyOct 4th, 2019

Apartment developer Lonicera lands $70M construction loan

JLL Capital Markets experts have arranged $70 million in acquisition and construction financing for Lonicera Partners’ new luxury apartment development in Downtown.....»»

Category: realestateSource: realestateweeklyJun 21st, 2019

$28M construction loan secured for uptown hotel

Construction financing has been secured for a new hotel in uptown Charlotte. A $28 million construction loan has been arranged for a joint venture that's building a 176-room Even Hotel at the Stonewall Station mixed-use development. Georgia develope.....»»

Category: topSource: bizjournalsJul 9th, 2018

Burlington Self Storage gets $11.5M construction loan for Palm Beach County project

Burlington Self-Storage obtained a $11.5 million construction loan from Belmont Savings Bank that will allow it to break ground soon on a storage facility west of Lake Worth, Florida, in Palm Beach County......»»

Category: topSource: bizjournalsOct 22nd, 2018

Done Deals: Bellwether District goes vertical; Northeast Philadelphia project secures $100M construction loan

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......»»

Category: topSource: bizjournalsMay 1st, 2024

Oakland affordable housing project secures $30 million construction loan

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

Category: topSource: bizjournalsApr 25th, 2024

Santander now servicing $9B multifamily-loan portfolio once held by Signature Bank

Santander paid $1.1 billion for a 20% stake in a joint venture with the FDIC......»»

Category: topSource: bizjournalsApr 22nd, 2024

Clean energy company receives $136 million loan for solar project

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

Category: topSource: bizjournalsApr 17th, 2024

Owner of University District property lands $54 million refinancing loan

The seven-story student housing building opened at 4759 15th Ave. NE in 2022......»»

Category: topSource: bizjournalsApr 11th, 2024

Building your dream house or renovating? What to know about construction loans.

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

Category: topSource: washpostMay 24th, 2021

Kapolei Energy Storage project to proceed with construction

A compromise between the Hawaii Public Utilities Commission and Hawaiian Electric Co. clears the way for the big battery with a targeted completion of summer 2022......»»

Category: topSource: bizjournalsMay 22nd, 2021