Finance - New York
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SL Green Lands $510M Loan for NYC Office Tower
The REIT obtained mortgage financing secured by the trophy asset at 220 E. 42nd St., known as The News Building, and utilized the proceeds to repay its revolving credit facility.
24 June 2020 12:29 -
Queens Warehouse Scores $40M Refi
Maxim Credit Group provided the financing package for the nearly 600,000-square-foot industrial asset in Maspeth.
18 June 2020 12:30 -
Manhattan Coworking Building Changes Hands
As part of the deal, the buyer assumed a $35 million loan Arbor Realty Trust had provided in 2018.
18 June 2020 08:47 -
Lincoln Property JV Sells Converted Brooklyn Asset for $44M
The buyer of the 125,000-square-foot office building assumed the outstanding balance of a mortgage from LoanCore.
17 June 2020 13:02 -
DLA Piper Leads Acquisition and Financing of a New York MHC Portfolio
The buyer, Green Courte Partners, announced upgrades and new amenities for all four communities.
10 June 2020 13:51 -
New Jersey Industrial Facility Scores $20M Refi
Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.
19 May 2020 12:53 -
Houlihan-Parnes Arranges $31M Refi for New York Asset
Senior Directors Rachel Greenspan, Bryan Houlihan and Christie Houlihan secured the long-term loan.
11 May 2020 13:22 -
Midtown Manhattan Office Tower Lands $400M Refi
A George Comfort & Sons joint venture owns the 960,000-square-foot Times Square South property.
11 May 2020 11:30 -
New Jersey Storage Project Receives $16M Construction Loan
ORIX USA Corp. originated the financing for the development of a three-story, 130,000-square-foot facility.
08 May 2020 13:50 -
Tallying Up the Difference in New York
Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.
09 April 2020 10:02 -
Major Manhattan Trophy Asset Lands Financing
Morgan Stanley and New York Community Bank provided the new loan for RXR Realty’s property, adding to $810 million in existing debt.
09 April 2020 09:34 -
Cypress Equities Obtains $90M to Expand Retail Center
The company will use the construction loan to complete the 157,000-square-foot second phase of a Walmart-anchored shopping center in Linden, N.J.
08 April 2020 11:07 -
Bronx Industrial Project Gets $305M Boost
Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.
03 April 2020 12:27 -
Home of 1st New York Apple Store Gets $75M Refi
Crédit Agricole provided the financing package for Centurion Realty’s 28,000-square-foot SoHo building.
03 April 2020 10:21 -
Iconic Manhattan Skyscraper Lands $510M Refi
Wells Fargo Bank provided the floating-rate loan for the revamped 120 Broadway building.
31 March 2020 10:35