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.....»»
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.....»»
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.....»»
Hialeah self-storage facility project receives $18 million loan
A regional bank provided the construction financing......»»
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.....»»
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......»»
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.....»»
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.....»»
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 .....»»
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.....»»
Goldman Sachs funds DCʼs largest-ever construction loan
Hoffman-Madison Waterfront (HMW), a joint venture of Hof.....»»
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.....»»
$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.....»»
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......»»
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......»»
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......»»
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......»»
Clean energy company receives $136 million loan for solar project
The construction loan comes from one of Japan's largest financial services firms......»»
Owner of University District property lands $54 million refinancing loan
The seven-story student housing building opened at 4759 15th Ave. NE in 2022......»»
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......»»
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......»»