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Elefant delivers some vintage multifamily
Greystone provided an $8,961,000 Fannie Mae loan to refinance a 113-unit property in Georgetown, TX. The transaction was originated by DJ Elefant in Greystone’s New York office on behalf of The Rail at G.....»»
Princeton Properties secures $164M to refinance multifamily portfolio
PGIM Real Estate Finance has provided a $164 million Fannie Mae loan for the refinancing of the Princeton Portfolio, a 14-property multifamily portfolio spanning the Boston metropolitan ar.....»»
Developer taps into green finance for $76M multifamily loan
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting .....»»
Meridian remotely closes $43M Bronx loan
Meridian Capital Group arranged $43.3 million in financing for a five-building multifamily portfolio located throughout Manhattan and the Bronx, NY.  The 10-year Fannie Mae loan, provided by Capital One Multifamily Finance, features a rate o.....»»
BBCP arranges $64M to refinance Bronx apartment portfolio
Black Bear Capital Partners (BBCP) has arranged $63.8 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the refinance of an eight-property multifamily portfolio in the Bronx, NY. The loan, provided by Morgan St.....»»
Greystone provides $36M HUD loan for green development
Greystone provided a $36.4 million HUD-insured construction loan under the HUD 221(d)(4) program to Grubb Properties LLC for the development of Link Apartments 4th Street, a new 224-unit multifamily apartment community located at 501 W. 4th.....»»
ACRES antes up $33M for CT apartment project
ACRES Capital Corp. has originated an approximately $33 million loan to fund the conversion of One Atlantic, a historic, nearly 94,000 s/f mixed-use office and retail property, into a 77-unit multifamily building with ground-floor .....»»
Greystone stacks up $164M for multifamily investment group
Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily properties in Pennsylvania and Kentucky. Originated by.....»»
Kalikow refinances loan for new apartment property
The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, has closed on a 12-year Fannie Mae DUS loan in the amount of $22.26 million for its 4830 Wescott Apartments. The newly-constructed, 1.....»»
MetLife Pentagon deal
MetLife Investment Management arranged a loan for $126.9 million for Meridian at Pentagon City. Meridian at Pentagon City is a two tower, high-rise multifamily property totaling 534 units located two blocks.....»»
Greystone refinances assisted living facility with Fannie Mae loan
Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in Greystone’s New Yor.....»»
Greystone makes assisted living loan of $24M
Greystone provided a $24 million Fannie Mae loan to refin.....»»
LOAN ZONE: Roundup of this week’s middle market loans
â— BERKADIA $19M for Brooklyn midrise Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn. S.....»»
AMAC to reposition LES property with $47M Raymond James renovation loan
Meridian Capital Group arranged $42 million in financing for the acquisition and renovation of a multifamily pr.....»»
Square Mile secures $115M for Hampshire Properties’ multifamily Brooklyn development
Square Mile Capital Management has originated a $115 million loan secured by 1277 East 14th Street, an eight-story, 265,000 s/f multifamily property located in the Midwood neighborho.....»»
Lightstone refinances non-core multifamily portfolio
National real estate investor and developer Lightstone announced the close of refinancing for 16 multifamily properties in Virginia. The $74.5 million loan is financed by Freddie Mac, arranged through Greystone. Light.....»»
Owner of University District property lands $54 million refinancing loan
The seven-story student housing building opened at 4759 15th Ave. NE in 2022......»»
Polk County apartments sell for more than $57 million
The property is a prime example of multifamily's most in-demand communities: low density, garden-style apartments......»»
E-commerce distribution warehouse breaks ground in Miami-Dade with $28M loan
The developer recently bought the property for $12 million......»»
"This has been a problem for years": In heated public meeting, debate rages over whether city follows protocol with developments
The debate was sparked by a review of the blighting study of Grand Center's Jesuit Hall, where Neighborhood Properties wants to invest $80 million to redevelop the property into a multifamily development......»»