Finance - Northeast
Cities
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Meridian Capital Arranges $100M Refi for Manhattan Office
Princeton International Properties owns the 25-story building in the borough’s Financial District. The property includes more than 18,000 square feet of retail space.
12 April 2019 10:41 -
Flag Luxury Lands Equity Partner for $508M NYC Project
EB5 Capital made a $125 million investment in the 250-key Ritz-Carlton development, which is currently under construction in Manhattan’s NoMad area.
10 April 2019 09:32 -
Hidrock Secures $32M Refi for Manhattan Asset
The loft-style office building comprises 77,880 square feet and is located in the Midtown neighborhood. HFF placed the loan through Ladder Capital Finance.
08 April 2019 12:06 -
Cayuga Capital Secures $22M for Brooklyn Retail Conversion
The landlord has already secured a long-term tenant for the entire building—California-based Vital Climbing Gym will open its first East Coast location in April 2020.
04 April 2019 09:40 -
JLL Secures $67M for Downtown Manhattan Mixed-Use
Developers East End Capital and K Property Group are moving forward with construction of the 63,000-square-foot office and retail property, with financing from Capital Source and Canyon Partners Real Estate.
04 April 2019 08:43 -
Durst Org. Secures $120M Loan for NYC Office Condo
Acting as administrative agent, Capital One provided financing for the 150,000-square-foot space at 855 Avenue of the Americas.
03 April 2019 12:21 -
RXR Realty Lands $182M Refi for NYC Asset
The 665,000-square-foot office property, 470 Vanderbilt, is located in the Clinton Hill neighborhood of Brooklyn. Meridian Capital Group arranged the financing.
25 March 2019 13:34 -
Manhattan Spec Office Gets $40M Construction Loan
HFF arranged the financing for the 10-story, 34,364-square-foot building. Construction is set to begin next month and the property is slated for completion in 2020.
18 March 2019 12:37 -
Manhattan Luxury Hotel Gets $31M Refi
Madison Realty Capital originated the loan for the 81-key GEM Hotel in Chelsea. The sponsor acquired the property, which previously served as a residential building, in 2007.
18 March 2019 07:56 -
Moinian Closes $595M Refi for Manhattan Asset
The developer secured a CMBS loan for 3 Columbus Circle, formerly known as the Newsweek Building and originally built as the General Motors Corp.’s headquarters.
13 March 2019 19:20 -
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
07 March 2019 11:46 -
NJ Logistics Properties Land $52M Financing
The loan comprises a senior mortgage and a line of credit, which will pay off existing debt and facilitate the acquisition of equipment and the construction of an additional warehouse.
05 March 2019 09:35 -
Downtown Brooklyn Office Gets $152M Refi
PCCP LLC has funded a senior loan for the recapitalization of a vintage Class A creative office property. The funding will also assist the owners with lease-up efforts.
04 March 2019 13:23 -
FRP Acquires Baltimore-Area Industrial Park
The company intends to perform capital improvements on the 270,000-square-foot Cranberry Run Business Park in Aberdeen, Md. The $6.3 million purchase is part of the firm’s new development strategy.
01 March 2019 12:53 -
Ivy Realty Obtains $41M for NJ Portfolio Purchase
Cushman & Wakefield has arranged the financing, which will also help the borrower rebrand the value-add collection of seven industrial assets.
28 February 2019 13:15