Finance - Northeast
Cities
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Lightstone Lands $70M in EB-5 Funding for Manhattan Hotel
On track for a September opening, the property is the third Moxy-brand hotel in Manhattan developed by Lightstone in partnership with Marriott.
19 July 2019 12:10 -
Boston Mixed-Use Lands $315M Construction Loan
Madison Realty Capital will provide the financing, while Cain International will contribute most of the equity for the $400 million Raffles Hotels & Resorts tower in the Back Bay neighborhood.
17 July 2019 12:53 -
Converted Brooklyn Creative Office Receives $205M Refi
Newmark Knight Frank arranged the floating-rate loan for the refinancing of the historic—and recently repositioned—building on the East River in DUMBO.
11 July 2019 12:03 -
Redeveloped Brooklyn Asset Gets $15M Refi
Mission Capital originated the loan, which will contribute to the further enhancement of The Box Factory, a creative office and flex asset in the Bushwick neighborhood.
01 July 2019 07:22 -
Boston Office Property Gets $112M in Financing
NB Development Group secured first mortgage financing for 80 Guest Street, a trophy office property and part of the Boston Landing mixed-use project.
26 June 2019 12:26 -
Orgill to Build $68M Distribution Center in New York
Billed as the world’s largest hardlines distributor, the company plans to build its first facility in the Northeast in the upstate city of Rome.
25 June 2019 11:40 -
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
19 June 2019 16:55 -
New York Self Storage Portfolio Receives $49M Loan
The three properties encompass a total of 176,000 square feet and benefit from strategic positioning in the Bronx, Mt. Vernon and New Rochelle.
14 June 2019 12:19 -
Global Holdings Lands $340M Refi for Manhattan Asset
The Crédit Agricole loan will be used to retire an existing $320 million financing from Bank of America, which was taken out four years prior.
11 June 2019 14:20 -
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
07 June 2019 13:06 -
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
30 May 2019 12:13 -
NJ Power Center Lands $47M Refi
JPMorgan Chase provided Sun Equity Partners the loan for Greenleaf at Howell, a 343,354-square-foot shopping center in Howell that the company acquired six years ago.
28 May 2019 08:58 -
Metro Storage Lands $78M Refi for 8-Property Portfolio
The bridge loan is for Class A facilities situated in suburban areas of Illinois, New Jersey and Pennsylvania. Talonvest Capital negotiated the financing.
22 May 2019 09:40 -
WeWork Launches $2.9B Investment, Management Platform
The We Co. teamed up with Ivanhoé Cambridge to create ARK, which will focus on acquiring, developing and managing real estate properties in global gateway cities and high-growth secondary markets.
16 May 2019 12:06 -
Will Manhattan’s Office Challenges Hit CMBS Assets?
Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.
14 May 2019 11:43