Finance - Northeast

  • Upcoming Queens Hotel Receives $44M Financing

    The construction of the dual-branded Marriott Hotel broke ground in 2015, and will bring a total of 338 guestrooms to the borough’s Jamaica neighborhood.

    12 September 2017 15:29
  • BGC Acquires Berkeley Point, Minority Stake in New CRE Biz

    The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.

    12 September 2017 12:46
  • Financing in Place for 800 KSF Baltimore Mixed-Use Tower

    Madison Marquette commenced construction of One Light Street in January, and now the developer has landed $169 million in loans to complete the project.

    11 September 2017 12:34
  • Mitsui Fudosan Buys Stake in $3.6B Hudson Yards Project

    The Japanese developer will take a 90 percent stake in 50 Hudson Yards on Manhattan’s Far West Side. The deal follows its 2014 acquisition of the nearby 55 Hudson Yards tower.

    05 September 2017 09:16
  • Capital One Shells Out $46M for Office Campus Acquisition

    Earlier this year, U.K.-based AstraZeneca sold its U.S. headquarters in New Castle County to an affiliate of Delle Donne & Associates in a deal valued at $50 million, or $48.47 per square foot.

    31 August 2017 13:57
  • On the Market: 5 Interesting Listings for August

    This month's listings include a Texas retail property built in 1900 and completely renovated in 2015 and a mixed-use multifamily and retail asset in Brooklyn's Williamsburg neighborhood.

    30 August 2017 18:14
  • Small Balance Loans to Hit High Marks in 2017

    John Caulfield, COO of Arbor Realty Trust, the first lender to reach $2 billion in Freddie Mac Small Balance loans, discussed why this financing sector is expected to grow even further.

    30 August 2017 18:11
  • UC Funds Launches New Product

    In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.

    29 August 2017 08:45
  • SL Green, Vornado Snag $1.2B Refi for Manhattan Tower

    The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.

    28 August 2017 09:03
  • Kimmerle Group Boosts Multigenerational Leadership

    Robert Kimmerle, son of company founder & president George Kimmerle, has returned to the firm as chief financial officer. He brings more than a decade of experience in financial management and will focus on providing financial and consultative support.

    25 August 2017 13:51
  • Fully Leased NJ Industrial Asset Nabs $15M Financing

    Arranged by Cushman & Wakefield, the loan was used for Camber Real Estate Partners and Advance Realty's acquisition of a distribution center in Paterson, N.J.

    23 August 2017 13:22
  • Trinity Wall Street Scores $400M for NYC High-Rise

    Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.

    21 August 2017 11:59
  • HFF Secures $15M Loan for NJ Industrial Asset

    The three-year, floating-rate loan through Malvern Federal Savings Bank is being used to cover acquisition and closing costs for a rail-served warehouse distribution building and adjacent 16-acre development site in South Brunswick.

    11 August 2017 11:41
  • JLL Lends a Hand in Iconic NYC Hotel Sale

    Highgate and the Rockpoint Group are the new owners of the 168-key Royalton in the heart of Midtown Manhattan.

    08 August 2017 12:30
  • Manhattan Retail Condo Commands $25M

    Rubie's Costume Co. purchased the 26,401-square-foot space that is currently fully occupied by New York City’s largest costume store. The sale included an additional $12.5 million loan assumption.

    31 July 2017 13:31