Finance - New York
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Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan's Far West Side.
13 June 2018 10:14 -
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
05 June 2018 11:30 -
Blackstone Sells NYC Office Tower for $640M
The company found a buyer for the 683,000-square-foot 5 Bryant Park in Midtown Manhattan with the assistance of JLL and HFF. JLL also arranged $463 million in acquisition financing.
29 May 2018 11:11 -
Manhattan Office Tower Lands $100M Refi
Partners GFP Real Estate and Northwind Group secured the 10-year loan, provided by Capital One Bank, for a 300,000-square-foot property in the Financial District.
25 May 2018 10:26 -
HFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.
22 May 2018 16:01 -
Long Island Office Asset Lands $17M Financing
The building comprises nearly 120,000 square feet and underwent an adaptive reuse conversion from data center to office in 2006.
21 May 2018 13:10 -
NYU’s Sam Chandan on the Changing Real Estate Capital Markets
The associate dean of the NYU Schack Institute of Real Estate discusses how economic and policy changes are impacting the real estate capital markets, the potential for a next recession and the risks investors should consider going forward.
16 May 2018 16:36 -
NY Storage Facilities Receive $36M Refi
The two properties, located in Queens and Yonkers, received a combined $36 million loan. Progress Capital secured the financing on behalf of Storage Fox Inc.
09 May 2018 18:25 -
NY Office Complex Lands $120M Financing
Ginsburg Development Cos. and Robert Martin Co. will use the Bridge Investment Group-funded loan to pay for their acquisition and redevelopment of the existing buildings into a mixed-use development.
09 May 2018 13:21 -
HFF Orchestrates $260M Loan for Manhattan Mixed-Use Project
The advisory team arranged the financing for the construction of 202 Broome Street, a mixed-use building being erected within Delancey Street Associates’ $1.3 billion Essex Crossing development.
19 April 2018 07:54 -
Capital One Lends $175M for Manhattan Office Tower
BlackRock and L&L Holding Co. will use the financing to pay down debt on the recently renovated 575,000-square-foot office tower located near Grand Central Terminal.
18 April 2018 13:18 -
Tishman Speyer Lands $1.8B for New NYC Office Tower
After securing biopharmaceutical company Pfizer as an 800,000-square-foot anchor tenant at The Spiral, the developer reeled in financing from Blackstone Mortgage Trust for the construction of the 2.8 million-square-foot high-rise.
12 April 2018 10:24 -
NKF Capital Markets Arranges $97M Loan for NJ Office Asset
Rubenstein Partners teamed up with Vision Real Estate Partners to acquire a 700,000-square-foot building in Parsippany, N.J. The partnership plans to renovate the Morris Corporate Center through a capital improvements program.
10 April 2018 10:38 -
Colliers Secures Construction Financing for CT Self Storage
The firm has arranged the construction loan on behalf of Prospectus LLC, for the development of a 906-unit self-storage facility in Stamford, Conn.
03 April 2018 15:35 -
Meridian Capital Group Scores $60M for Manhattan Office Refi
Recently renovated by Himmel + Meringoff Properties, its longtime owner, the century-old building is located near Times Square in the Midtown West submarket.
03 April 2018 13:08