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WeWork has no trouble raising $702 million in debt financing

WeWork, which has raised nearly $7 billion in private-equity and venture capital funding since its 2010 founding, has just raised an additional $702 million in debt financing. The sale of the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 26th, 2018

Homeless hotel a top performer for Mission Capital in Bushwick

Mission Capital Debt and Equity Finance team secured $8 million in leasehold financing for the Sumner Hotel, a 70-key property located at 22 Sumner Place in Bushwick, Brooklyn. Beau Williams, Ari Hirt, and Justin Hunt represented East.....»»

Category: realestateSource: realestateweeklyAug 1st, 2018

Seneca Capital Partners raises $23.3 million in equity

The firm aims to transform investing in affordable housing and self-storage properties......»»

Category: topSource: bizjournalsAug 2nd, 2018

Rose secures $64m loan to renovate Grace West affordable homes

Jonathan Rose Companies announced a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately $64 million in FHA 223(f) permanent financing from Key Bank and $28 million in LIHTC equity from Bank of America to revitali.....»»

Category: realestateSource: realestateweeklyNov 20th, 2018

Cleantech Co. Bast Fibre Technologies Raises $7M In New Round Including Merida Capital

Bast Fibre Technologies (BFT), a cleantech natural fiber engineering company working with hemp, announced this week the closing of a CAD$8.5 million ($7 million) Series A equity financing round. read more.....»»

Category: blogSource: benzingaMay 21st, 2021

Main Line private equity firm invests $15M in Denver advertising software company

The firm typically invests $5 million to $30 million of capital in the form of debt and equity into high-growth middle-market companies......»»

Category: topSource: bizjournalsMay 13th, 2021

Liberty Park moving forward: $10.3 million building permit pulled for Midtown project

City of Memphis Division of Housing and Community Development (HCD) manager of strategic initiatives Mary Claire Borys said in February the youth sports complex should be completed in fall 2022, along with the first piece of the mixed-use development......»»

Category: topSource: bizjournalsMay 5th, 2021

AMC shares soar 36% premarket on news of new $917 million debt and equity financing

AMC Entertainment Holdings Inc. shares soared 36% in premarket trade Monday, after the biggest cin.....»»

Category: topSource: marketwatchJan 25th, 2021

AMC Entertainment secures $100 million in debt financing from Mudrick Capital

AMC Entertainment Holdings Inc. said Friday it has secured a com.....»»

Category: topSource: marketwatchDec 13th, 2020

STONEMOR INC. REPORTS FOURTH QUARTER FINANCIAL RESULTS; INCREASES CASH LIQUIDITY VIA $17 MILLION EQUITY CAPITAL COMMITMENT AND ADDS SIGNIFICANT CUSHION TO DEBT COVENANTS IN RESPONSE TO COVID-19

STONEMOR INC. REPORTS FOURTH QUARTER FINANCIAL RESULTS; INCREASES CASH LIQUIDITY VIA $17 MILLION EQUITY CAPITAL COMMITMENT AND ADDS SIGNIFICANT CUSHION TO DEBT COVENANTS IN RESPONSE TO COVID-19.....»»

Category: earningsSource: benzingaApr 2nd, 2020

NKF secures debt, equity for NC apartment deal

Newmark Knight Frank Multifamily (NKF) announced the financing of Hawthorne Six Forks, a 471-unit apartment community located in Raleigh, North Carolina. .....»»

Category: realestateSource: realestateweeklyMar 4th, 2020

Greystone antes up $105M to protect 500 low income apartments

Greystone has provided $105 million in HUD-insured financing to preserve over 480 units of affordable housing in New York City. The lender provided a $54,965,400 HUD-insured loan to refinance 31-41 2.....»»

Category: realestateSource: realestateweeklyFeb 19th, 2020

Emerge Scores $20M To Expand Digital Freight Marketplace

Emerge​, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth equity capital firm based in Rogers, Arkansas. The round.....»»

Category: earningsSource: benzingaFeb 4th, 2020

Affordable apartments in Broward sell for $45M

The Cypress Grove Apartments affordable rental community in Lauderhill was sold for $44.6 million. Sandalgrove LLC, managed by Housing Preservation Trust in Marietta, Georgia, sold the 814 apartments at 4200 N.W. 19th St. to CC Cypress LLC, an affili.....»»

Category: topSource: bizjournalsJan 30th, 2020

Fort Snelling housing project cost climbs to $150 million, but there"s good news, too

Dominium, the Plymouth-based developer trying to convert a portion of the historic Fort Snelling Upper Post into affordable housing for veterans, sounds optimistic that financing for the project will happen this year. But time isn't on anybody's si.....»»

Category: topSource: bizjournalsJan 27th, 2020

Besen partner planning to convert CT property

JLJ Capital has closed on a transaction to provide $2 million in preferred equity financing for the purchase of a Class A owner-occupied building in New Canaan’s, do.....»»

Category: realestateSource: realestateweeklyDec 19th, 2019

Council vote moves OTR mixed-use project forward

A major mixed-use project being developed by Over-the-Rhine Community Housing and the Cincinnati Center City Development Corp. that will bring new affordable apartments and commercial space received tax breaks on Thursday from Cincinnati City Coun.....»»

Category: topSource: bizjournalsNov 15th, 2019

Hoboken to collect $12M flood money

Five Hoboken public housing complexes damaged in Superstorm Sandy will receive $12.8 million in financing from the New Jersey Housing and Mortgage Finance Agency (NJHMF.....»»

Category: realestateSource: realestateweeklyNov 6th, 2019

Clintonville apartment project back on track with new financing and promise of affordable housing

A proposed Clintonville apartment complex that was put on hold this summer is moving forward with a new partner, a new mission to provide workforce housing and financial help from the feds, county and city. Casto announced Friday that it is working.....»»

Category: topSource: bizjournalsSep 13th, 2019

More big donors push Charlotte"s public-private campaign for affordable housing past $250M

In less than 18 months, a coalition of nonprofits, local government and businesses has pulled in $250 million worth of grants, land donations and low-cost financing to help solve Charlotte’s affordable housing crisis. The leader of the campaign, Foun.....»»

Category: topSource: bizjournalsSep 5th, 2019