iTrade Investments recently closed financing of $57.2 million for MA Real Estate Group.iTrade provided MA Real Estate Group with an interest-only bridge loan featuring a three-year term with the option for two one-year extensions. The borrower...
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September 29, 2022, 08:00 AM
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NewEmpire Real Estate Group received $27.8 million in bridge financing for its condominium development. The one year bridge loan was provided by The F-Tranzacts Group and will be used to refinance a $22.1 million loan provided by Cathay Bank in June...
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September 28, 2022, 08:03 AM
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Vesta Real Estate Corporation, one of the leading industrial real estate companies in Mexico, announced a new US$200 million sustainability linked revolving credit facility with various financial institutions.The committed three-year unsecured...
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September 06, 2022, 06:00 AM
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Mesa West Capital provided a joint venture of ESG Kullen and Angelo Gordon with $49.24 million in first mortgage debt for the recapitalization of a 219-unit multifamily property in Palm Beach County, FL. The floating rate loan is secured by...
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August 31, 2022, 08:00 AM
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BridgeCore Capital closed a $2,555,000 bridge loan to finance the acquisition of a vacant, single tenant, grocery-anchored property in Indianapolis, Indiana.The borrower, an experienced real estate investor, identified this transitional asset with a...
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August 26, 2022, 08:00 AM
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Briar Capital Real Estate Fund closed a new $6MM commercial real estate loan in Florida to a manufacturer of aerospace components. Like most in the aerospace industry, this companies’ business came to a halt as many of their longtime customers...
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August 17, 2022, 08:00 AM
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Greystone announced it will purchase the B-piece of a $1.09 billion new-issue securitization from Wells Fargo, Morgan Stanley, Bank of America and NCB and it will also serve as special servicer for the conduit offering (BANK 2022-BNK43).As a new...
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August 16, 2022, 08:00 AM
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Mesa West Capital provided KB Investment and Development Company with $108 million in first mortgage debt for its acquisition a 328-unit multifamily property in Phoenix, AZ. The five-year, floating rate loan is secured by Skywater at Town Lake...
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Greystone provided a $48,000,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) green loan to acquire a 406-unit multifamily property in Okemos, Michigan. The financing was originated by Richard Kourbage, Managing Director in Greystone’s New...
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Greystone provided $20,661,000 in Fannie Mae Delegated Underwriting Services (DUS®) financing for two multifamily properties in Rexburg, Idaho. The transaction was originated by Lorie Hanson, Managing Director at Greystone.The 264-unit multifamily...
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Knighthead Funding provided Elmington Capital with $29 million in first mortgage debt for the acquisition of a two-story Class A office building in the Nashville, TN submarket of Franklin. Built in 2008 for Verizon, the 180,000-square-foot Class A...
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Natixis Corporate & Investment Banking originated $73.63 million, in five-year, floating-rate financing to subsidiaries of Rose Valley Capital, an affiliate of Hampshire Properties, to finance the acquisition of Mansion at Bala, a 276-unit, Class A...
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Greystone provided a $21,464,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 144-unit multifamily community in Herndon, Virginia. The transaction was originated by Cullen O’Grady, managing director in Greystone’s...
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Bridge Investment Group Holdings closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million.On June 3, 2022, the Company entered into a $150...
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Greystone, a national commercial real estate finance company, provided a total of $74,300,000 in Fannie Mae Delegated Underwriting Servicing (DUS®) loans to refinance a 574-unit multifamily portfolio of affordable housing in Newark, NJ. The...
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Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, provided three loans to Dynamic Star, a New York metropolitan real estate developer, for three New York City properties. Totaling $115 million, the three financing...
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Knighthead Funding provided a $10.9 million condo inventory loan on the Lumiere at 350 Oliver Avenue, a new 86-unit luxury condominium building located in downtown Pittsburgh that was completed in 2021.Since being brought to market in 2021, over 60...
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A&G Real Estate Partners is now accepting bids for its June 14 bankruptcy auction of more than 50 properties in and around Manhattan, Kansas. The assets include several development sites and multi-unit buildings in a federal Opportunity Zone adjacent...
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Knighthead Funding provided local Austin developer Pearlstone Partners with a $7.14 million loan for the acquisition of a residential development site located in the East Riverside neighborhood of Austin, TX. The site will be redeveloped as a...
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A bankruptcy sale by A&G Real Estate Partners features 21 properties—19 in Maryland and one each in Delaware and Florida—formerly owned by the late Zebulon J. and Beatrice Brodie, prominent longtime residents of the Eastern Shore of Maryland. A...
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Dwight Capital closed over $425.9MM in financings during March. Featured among Dwight’s transactions are HUD loans for The Residence at Marina Bay, The Apartments at Westport Commons, and Stablewood Farms Apartments.Dwight provided a $38.8MM HUD...
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The right real estate moves can drive higher value for buyers, sellers and operators of multi-unit restaurant companies, said participants in a March 31 Restaurant Finance Monitor webinar sponsored by A&G Real Estate Partners.During the hourlong...
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Greystone provided a $17,529,400 construction loan under the HUD 221(d)(4) program for the $38.7 million redevelopment of an age-restricted affordable housing community located in West Palm Beach, Florida. The transaction was originated by Jon...
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PlattPointe Capital recently arranged a $69,200,000 senior construction loan for the development of an apartment project located in the Deer Valley submarket of Phoenix. The project will feature 287 units across 11 buildings. This Class A property...
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Mesa West Capital provided $92.5 million in bridge financing to an institutional real estate private equity fund for the acquisition and repositioning of a 400-unit Class A multifamily property in Atlanta. The four-year, interest-only floating rate...
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Greystone provided a $20,000,000 HUD 223(f) loan to refinance a 127-unit multifamily property in Philadelphia, Pennsylvania. The financing was originated by Jason Yuen, Managing Director at Greystone, on behalf of 49th & Spruce Associates LP, a...
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Mesa West Capital originated $84.75 million in financing to recapitalize two Los Angeles luxury apartment buildings developed and owned by California Landmark Group.The refinance was secured by two residential communities, the “HW” by CLG, a 79-unit...
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Mesa West Capital provided a joint venture led by SRM Development with $67 million in short-term, first mortgage debt to refinance Westmont of Milpitas, a recently opened 199-unit senior housing community in the Silicon Valley community of Milpitas...
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Cambridge Realty Capital recently closed a $10,666,565 HUD-insured loan for Pine Acres Healthcare & Rehabilitation Center, a 102-bed Skilled Nursing facility located in Madison, New Jersey. Hymie Barber, Cambridge’s National Originations Manager...
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Private equity real estate investment firm Viking Partners has closed on Fund V, its fifth value-add real estate fund, at $130 million, exceeding its goal of $125 million in only five months, announced firm founder and Principal Bret Caller. Since...
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February 18, 2022, 08:00 AM
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A&G Real Estate Partners announced that the U.S. Bankruptcy Court has approved the sale of Barclay Tower, a recently-constructed, 23-unit residential building in this densely populated section of Queens. Sunlight Barclay Tower, LLC, a newly formed...
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February 08, 2022, 06:00 AM
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Värde Partners and Hawkins Way Capital announced the recent purchase of 39 Dalton Street in the Back Bay neighborhood of downtown Boston, Massachusetts, from Host Hotels & Resorts. The 29-story, 1.1 million square foot property currently operates as...
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February 03, 2022, 08:00 AM
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BHI's Commercial Real Estate Group provided $33.15 million in acquisition and construction financing to 251 Front Street LLC, developed by CW Realty Group for the development of a new luxury rental complex in the Vinegar Hill section of...
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February 03, 2022, 07:00 AM
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Real estate merchant banking firm Dekel Capital arranged $116 million in long-term permanent financing to recapitalize a six-building, 611,248-square-foot office portfolio in Las Vegas, NV on behalf of Moonwater and its equity partners. The portfolio...
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February 01, 2022, 07:00 AM
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Greystone arranged a $125 million loan on behalf of Blumenfeld Development Group (BDG) for The Smile, a 233-unit class-A multifamily project with ~25,000 square feet of commercial space leased to the Beth Israel Medical Center.The Greystone Capital...
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January 28, 2022, 07:09 AM
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BHI's Commercial Real Estate Group provided $36 million in construction financing to EPIRE for the development of 144 First Street, the firm’s new condominium development located in the Powerhouse Arts District of Jersey City, New Jersey. Spanning...
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January 24, 2022, 07:00 AM
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Briar Capital Real Estate Fund ("Briar") closed a new $12.023MM real estate loan facility to a company that provides Oil Country Tubular Goods (“OCTG”) services to support businesses in the oil and gas industry. The Briar real estate loan facility...
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January 13, 2022, 06:07 AM
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A&G Real Estate Partners and Murray Wise Associates LLC are under contract with a stalking horse bidder in the receivership sale of a 1.87 million-square-foot greenhouse and agricultural warehouse complex on 151 acres in Paris, Kentucky.The bidder...
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January 13, 2022, 06:00 AM
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Greystone provided $13.4 million in total Fannie Mae Delegated Underwriting Services (DUS®) loans to refinance two multifamily properties in Baton Rouge, Louisiana. The loans were originated by Keith Hires and Carter King, Managing Directors at...
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January 05, 2022, 08:00 AM
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Knighthead Funding provided a local investor operating as Columbia Victory LLC with a $21.5 million loan to refinance a newly built Class A, 125,750-square-foot office building in Colorado Springs, CO. The 24-month, non-recourse loan will allow the...
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January 04, 2022, 07:00 AM
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Chicago Atlantic Real Estate Finance, a leading institutional lender to state-licensed cannabis operators, announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into an Amended and...
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January 03, 2022, 08:00 AM
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Värde Partners, a leading global alternative investment firm, closed the first commercial real estate collateralized loan obligation (CRE CLO) to be entirely hotel-backed. This is Värde’s fifth CRE CLO, and ninth securitization of commercial real...
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December 10, 2021, 07:51 AM
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Mixed marketplace signals underscore the need for turnaround and restructuring professionals to put an even sharper focus on data and analysis in commercial real estate projects, writes Andrew Graiser, Co-President of A&G Real Estate Partners, in the...
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December 09, 2021, 08:02 AM
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A&G Real Estate Partners and Murray Wise Associates announced the receivership sale of a 1.87 million-square-foot greenhouse and agricultural warehouse complex on 151 acres in Paris, Kentucky, as well as a nearby 50,000-square-foot manufacturing and...
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November 22, 2021, 06:00 AM
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BRT Apartments Corp. entered into an amended credit facility with VNB New York, LLC, an affiliate of Valley National Bank. The facility allows BRT, subject to compliance with borrowing base requirements and other conditions, to borrow up to $35...
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November 19, 2021, 07:00 AM
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Greystone provided a $15.9 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 19-unit multifamily property in Beverly Hills, CA. The new permanent financing was originated by Dale Holzer, Managing Director at Greystone...
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November 18, 2021, 07:08 AM
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Vista Capital Company recently arranged $50,000,000 of financing for the following six hotels:
Courtyard by Marriott – Columbus, Ohio
Hampton Inn – Lafayette, Indiana
Homewood Suites – Lafayette, Indiana
SpringHill Suites – Terre Haute...
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November 12, 2021, 07:00 AM
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Mesa West Capital provided Rubicon Point Partners with a $53.7 million first mortgage loan for its recent acquisition of 350 Parnassus, a 77,000-square-foot medical office building in San Francisco.Built in 1968, 350 Parnassus is immediately adjacent...
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November 05, 2021, 08:03 AM
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SAB Capital, a New York City-based investment sales firm, executed a $20 million sale and leaseback of a 2-property industrial portfolio for a catalyst manufacturer providing emission-control products for power generation plants. The properties are...
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October 26, 2021, 06:00 AM
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Värde Partners closed $602 million in U.S. commercial real estate loan originations across 11 transactions in the third quarter of 2021. In total, Värde has funded $1.7 billion of real estate loans so far this year spanning hospitality, multifamily...
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October 13, 2021, 07:30 AM
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Healthpeak Properties closed a new $3.0 billion senior unsecured revolving credit facility.The new credit facility increases the total revolving commitments from $2.5 billion to $3.0 billion, reduces Healthpeak's borrowing costs, and extends the...
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September 21, 2021, 08:00 AM
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Turning Rock Partners announced the realization of its investment in Capital Square (the “Company”). Founded in 2012, Capital Square is a leader among tax-advantaged real estate investment sponsors. The company is privately held and based in Richmond...
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September 21, 2021, 06:00 AM
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Dwight Capital financed over $397.26 million during August. Featured among Dwight’s transactions are HUD loans for 201 Twenty One Apartments and Monte Sano Terrace, and a construction loan for City View Apartments.Dwight closed $35.7 MM in HUD...
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September 16, 2021, 08:00 AM
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Stonebriar Commercial Finance closed a $64.5 million construction-to-permanent real estate financing with a premier real estate developer. This 85% loan-to-cost mortgage will finance the development of a triple-net, build-to-suit property for a...
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September 14, 2021, 08:05 AM
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Greystone provided an $18,960,000 bridge loan for the acquisition of a multifamily property in Fort Worth, Texas. Ralph Rader of Marcus & Millichap served as correspondent on the transaction.The 224-unit property located on Ederville Road has been...
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August 20, 2021, 07:07 AM
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Dwight Capital provided over $502.2MM in closings during July. Featured among Dwight’s transactions are HUD loans for Saddleback Ranch Apartments and Legends of Fox Creek, and a bridge loan for Residences at Town Square.Dwight closed a $74.99 MM HUD...
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August 12, 2021, 07:00 AM
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Capital One provided a $19 million Freddie Mac variable-rate loan for the acquisition of Eagle Chase Apartments, a 156-unit multifamily community in Indianapolis, Indiana. The sponsor, Summit Equity Investments, is a repeat Capital One and Freddie...
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August 11, 2021, 08:00 AM
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BrightSpire Capital closed BRSP 2021-FL1, an $800 million managed Commercial Real Estate Collateralized Loan Obligation (the “CRE CLO”). The CRE CLO is collateralized by interests in 31 floating-rate mortgages secured by 41 properties, with an 83.75%...
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Värde Partners closed $833 million in U.S. commercial real estate loan originations in the second quarter of 2021, for a total of $1.1 billion funded this year. The 13 transactions completed in the second quarter span hospitality, multifamily, office...
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A&G Real Estate Partners is now accepting bids from developers or investors for Barclay Tower, a newly-constructed, 23-unit residential building in this densely populated section of Queens. Designed and built to be marketed as a condominium, but...
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For the second straight year, A&G Real Estate Partners was named ‘Real Estate Restructuring Firm of the Year’ at the 13th Annual Turnaround Atlas Awards, a virtual event held from June 23-25. The program from Global M&A Network honored...
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Greystone provided debt financing for the acquisition of 16 senior housing properties in California. The Greystone Seniors Housing team worked alongside the Harrison Street team to find the best financing solution for such a high-quality portfolio...
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Altisource Portfolio Solutions, an integrated service provider and marketplace for the real estate and mortgage industries, announced that its subsidiary Altisource S.à r.l. signed an agreement with STS Mater Fund, Ltd. (the “Lender”), an investment...
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Cambridge Realty Capital Companies provided a $3,111,000 HUD Lean loan to purchase Maple Creek of Lakewood, a 75-bed assisted living facility, located in Lakewood, WA.
Jeffery A. Davis, Cambridge President, said the fully amortized, 30-year loan was...
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STORE Capital Corporation amended and extended its existing revolving credit facility. The recast $600 million unsecured revolving credit facility has an expanded accordion feature of $1 billion, upsized from $800 million, for a total maximum...
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BHI provided $60 million in financing for the bulk acquisition of 70 residential condominium units in the Charlie West building, located at 505 W. 43rd Street in Manhattan’s Hell’s Kitchen neighborhood. The borrower is a joint venture of Tishman...
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GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store...
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Dekel Capital provided Moonwater Capital and Apex Financial Advisors with $33.3 million in permanent debt as part of the acquisition and recapitalization of Montecito Tower, a 177,301-square-foot Class-A office building in Las Vegas, NV.Moonwater...
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TrueRate, a debt placement marketplace that optimizes the commercial real estate lending experience by creating true markets in real time, announced its public launch into the market. With a number of the top lenders in the United States as partners...
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Greystone provided a $27,800,000 HUD-insured loan to refinance a 383-unit seniors housing property in Southfield, Michigan. The transaction was originated by Dan Sacks, Managing Director in Greystone’s New York office, on behalf of Loop...
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Global Medical REIT amended and restated its credit facility to, among other things, (i) increase the Company’s overall borrowing capacity by $150 million to $750 million, (ii) reduce its borrowing costs across its pricing grid, (iii) convert to an...
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Vornado Realty Trust announced that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has extended one of its two unsecured revolving credit facilities to April 2026 (as fully extended). The...
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Crescent Lenders financed an assisted care facility for a real estate investment company valued at $1.25 million in Culver City, Los Angeles.The borrower (Kalnel Living LLC) provided a down payment of $600,000 on the purchase price while Crescent...
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Ares Management Corporation announced the final closing of its Ares U.S. Real Estate Opportunity Fund III, L.P. (“AREOF III” or the “Fund”). The Fund, which targets distressed, repositioning, and selective development opportunities, was...
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TPG RE Finance Trust announced that on March 25, 2021 the Company priced TRTX 2021-FL4, a $1.25 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO"). The Company placed $1.04 billion of investment grade bonds with...
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INDUS Realty Trust announced that its wholly owned subsidiary, INDUS Realty Trust, LLC, entered into the fourth amendment to the Revolving Line of Credit Loan Agreement with Webster Bank. The Revolving Credit Line Amendment provides for an increase...
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CBL Properties entered into an amended and restated Restructuring Support Agreement (the “Amended RSA”) with its credit facility lenders and unsecured noteholders that provides for a fully consensual comprehensive restructuring. The Amended RSA was...
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Greystone arranged a $65 million construction loan for Capodagli Property Company. The construction loan was provided by ACORE Capital (“ACORE”), a leading commercial real estate finance company and debt fund manager, to finance a to-be-developed...
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Knighthead Funding provided a short-term $10.75MM non-recourse loan to refinance a 1.10-acre site that has been fully approved and permitted for the development of a 23-story multifamily tower in the Tysons Corner neighborhood of McLean, VA. The...
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BHI arranged $26.5 million in construction financing for the redevelopment of 629 E. Main Street in Richmond, Virginia, a 12-story office building that will be converted to mixed use multi-family. The borrower is Douglas Development Corporation (DDC)...
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Mesa West Capital provided a joint venture of Miller Global Properties and Principal Real Estate Investors with $59.3 million in first mortgage debt for the acquisition of a 306,101-square-foot Class A office building in Denver, CO. The...
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February 22, 2021, 06:00 AM
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SG Credit Partners provided $6 million Guarantor Based Loan to a single-asset real estate holding company operating as a subsidiary of a broader multi-family/student housing real estate syndication portfolio. The Company needed capital quickly to...
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February 10, 2021, 05:00 PM
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White Oak Healthcare MOB REIT acquired a Class-A Medical Office Building in Henderson, Nevada.The property was built in 2008 and is less than a mile from Dignity Health – St. Rose Dominican Hospital, in Henderson, Nevada, a well-regarded...
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January 25, 2021, 08:00 AM
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Briar Capital Real Estate Fund ("BCREF") provided a new $6MM real estate loan to a metal fabrication and machine shop in Texas. The loan facility consists of a $5MM Term Loan and a $1MM Revolving Line of Credit, both secured by the company's real...
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January 14, 2021, 07:00 AM
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White Oak Healthcare MOB REIT announced it has acquired Commonwealth Medical Park in Petersburg, Virginia.Commonwealth Medical Park includes four buildings containing 48,237 SF and is located adjacent to Southside Regional Medical Center, a Bon...
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January 13, 2021, 07:00 AM
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White Oak Healthcare MOB REIT acquired three Class-A medical office buildings in Southern Florida.The stabilized assets, Estero Medical Center, located in Estero, Florida and Oak Point I & II in Vero Beach, Florida, total 77,363 square feet and are...
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January 06, 2021, 08:15 AM
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The rating Outlook for U.S. REITs in 2021 is Negative, but the sector Outlook is improving, according to Fitch Ratings.Roughly 34% of U.S. REITs have Negative Rating Outlooks, outnumbering Positives (3%) by over a 20 percentage point margin and...
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December 04, 2020, 08:00 AM
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A&G Real Estate Partners (A&G) announced record results for the first nine months of 2020—efforts that resulted in a total of $1.68 billion in occupancy-cost reductions for 51 retailers, restaurants, educational users, office tenants and fitness and...
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November 24, 2020, 08:00 AM
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Greystone provided a $58,653,000 Freddie Mac loan to refinance a 306-unit multifamily property in Naples, Florida. The transaction was originated by Dan Sacks, Managing Director in Greystone’s New York office, on behalf of The Embassy Group. The $58...
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November 13, 2020, 07:00 AM
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MONTICELLOAM, LLC and its affiliates has provided a $1.25 million working capital loan to the operating company of one skilled nursing facility totaling 181 beds in Pennsylvania. The financing is provided by Monticello’s asset-based lending group...
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October 23, 2020, 08:00 AM
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Essex Capital Group announced that the firm recently arranged the initial capitalization for a new $7,500,000 medical office development located in Denville, NJ.As a part of the transaction, Essex was successful in arranging both the debt and equity...
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October 23, 2020, 07:00 AM
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Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, announced the sponsorship of HACIA U’s Pre-Apprenticeship Program for those who live in...
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October 08, 2020, 09:00 AM
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Greystone, a national commercial real estate finance company, has provided a $9,350,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a multifamily property in Oak Creek, Wisconsin. The transaction was originated by Clint...
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October 07, 2020, 09:05 AM
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Greystone Brown Real Estate Advisors announced it has closed the $27 million sale of a 230-unit multifamily property in Atlanta, Georgia, and Greystone provided a $21.6 million Freddie Mac Conventional loan to finance the transaction. The sale was...
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August 25, 2020, 07:00 AM
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As a follow up to previous successful real estate auctions conducted by the New Orleans Redevelopment Authority (NORA), the organization will be conducting its next online-only auction sale of 130± structures and vacant lots located throughout New...
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August 17, 2020, 09:05 AM
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HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the June 2020 closing of a $29.3 million financing for Presbyterian Senior Care's Encore on the Lake (Encore), a new independent...
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Greystone has provided a $30,821,000 Freddie Mac Forward Tax-Exempt Loan (TEL) to help finance the addition of 172 units to an existing affordable housing property in Bloomington, MN. The loan was originated by Kyle Jemtrud, managing director at...
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FOCM Loans & Mortgages announced it provided a $5.9 million bridge loan for a 108-unit multifamily property in Houston, Texas. The transaction was originated by Michael Arpy, Director and mortgage originator at the firm.Michigan-based FOCM Loans &...
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Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $30 million HUD-insured construction loan for the development of Mills Creek Preserve Apartments, a new 188-unit multifamily community located Yulee...
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Knighthead Funding LLC has provided Quadrant Investment Properties with $26.9 million in short-term first mortgage debt to acquire a portfolio of 12 office/industrial/flex buildings located in Dallas, TX.Quadrant, a Dallas based real estate...
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Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $34 million FHA-insured loan to refinance a 252-unit multifamily property in Land O’Lakes, Florida. The transaction was originated by Eric...
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Greystone, a leading national commercial real estate lending, investment, and advisory company, has provided a $27.6 million Freddie Mac loan for the acquisition of a multifamily property in Hammond, Indiana. The transaction was originated by Dan...
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Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $17,800,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a 208-unit multifamily property in Fairburn, Georgia. The...
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Greystone, a leading commercial real estate lending, investment, and advisory company, has provided $25.2 million in construction financing under the HUD 221(d)(4) program for the development of Sugar Mill Villas Apartments, a new 164-unit...
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Greystone, a leading national commercial real estate lending, investment, and advisory firm, announced it has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing in New York...
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February 07, 2020, 09:10 AM
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American Finance Trust, Inc., a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., today...
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January 13, 2020, 08:55 AM
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Greystone, a leading national commercial real estate lending, investment, and advisory company, has provided an approximate $37 million Fannie Mae structured adjustable rate mortgage (SARM) loan for the acquisition of a 134-unit seniors housing...
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January 10, 2020, 09:00 AM
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Greystone Brown Real Estate Advisors announced it has closed the $20,700,000 sale of a multifamily property in Atlanta, GA. Greystone Brown represented the seller and brought the buyer to the deal. The sale to David Stern Investment was handled by...
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January 09, 2020, 09:00 AM
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Greystone, a leading national commercial real estate lending, investment, and advisory company, has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Connecticut. The transaction was originated by...
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January 07, 2020, 09:00 AM
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Senior Housing Properties Trust announced that it will change its name to Diversified Healthcare Trust effective January 1, 2020 at 12:02 a.m. SNHs common shares will continue to be listed for trading on the Nasdaq, but under the new ticker symbol...
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January 02, 2020, 08:00 AM
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The Federal Deposit Insurance Corporation (FDIC) issued the Fall 2019 issue of Supervisory Insights, which contains two articles of interest to bank management.
The first article, "Commercial Real Estate Loan Concentration Risk Management," examines...
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December 31, 2019, 08:00 AM
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An affiliate of Mosaic Real Estate Credit (MREC) has provided a Michigan-based real estate investment and development firm, Shamrock Acquisitions, LLC, with $68.75 million in construction financing for an 885-bed student housing development in...
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December 27, 2019, 09:00 AM
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Weingarten Realty Investors announced that it has amended and extended its $500 million unsecured revolving credit facility. The facility will mature in March 2024, with a provision to extend the maturity date for two consecutive six-month periods...
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December 13, 2019, 09:05 AM
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Greystone announced the closing of a $50,000,000 bridge loan made to an affiliate of Hudson Companies, Inc. to refinance House No. 94, a brand new 7-story, 75-unit “80/20” mixed-income multifamily rental building located at 94 North 3rd Street in...
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November 19, 2019, 08:00 AM
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Multifamily investment firm Magma Equities has made its third investment in the Raleigh-Durham MSA this year, with the off-market acquisition of a 199-unit garden style apartment community in downtown Raleigh, NC.University Apartments is located at...
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November 12, 2019, 08:00 AM
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National real estate private equity fund manager Citymark Capital, in partnership with InterCapital Group, has acquired a two-property, 554-unit Evergreen apartment portfolio in the Atlanta suburb of Fairburn, GA for $69.4 million. The acquisition of...
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October 31, 2019, 08:30 AM
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Briar Capital Real Estate Fund announced it provided two new real estate loans totaling $6.735MM secured by properties in Chicago and Los Angeles, to a market research company. Introduced to this business by a turnaround consultant, Briar provided...
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October 07, 2019, 08:45 AM
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Greystone announced it has provided $27,000,000 in bridge financing to Iliad Realty Group (IRG) for the acquisition of Villa Nueva Apartments, a multifamily property in Houston, TX. The transaction was originated by Daniel Wolins of Greystone’s New...
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September 18, 2019, 08:30 AM
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Capital One announced today that it has provided a $4 million Fannie Mae loan to refinance The Tides at Arcadia, a 49-unit apartment community in Phoenix, Arizona. The sponsor is a repeat Capital One and Fannie Mae customer. Damon Reed, a Senior Vice...
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EquityUp, a venture-backed fintech company using cutting-edge platform technology to streamline investor onboarding and administration for lower to middle-market M&A automation, announced an agreement that ScanlanKemperBard (SKB), an Oregon based...
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TruAmerica Multifamily, in joint venture with RSE Capital Partners, has acquired a two-property, 454-unit multifamily portfolio in the Tampa submarket of Pinellas County for $63.75 million.The portfolio acquisition increases TruAmerica’s Florida...
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Old Hill Partners recently closed a $17 million senior secured revolving-to-term facility secured by retail installment contracts and consumer lease contracts.Old Hill Partners has significant experience in asset-backed lending and alternative...
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Sallyport extended a $1,800,000 Accounts Receivable facility to a specialty service and land acquisition company that caters to the energy sector. An entrepreneurial minded business owner decided to separate from his partners to take advantage of...
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Freddie Mac announced it sold via auction 118 non-performing residential first lien loans (NPLs) serviced by NewRez LLC, doing business as Shellpoint Mortgage Servicing to Matawin Ventures XXVII, LLC. The sale is part of Freddie Mac’s Extended...
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Crystal Financial funded a C$97.5 Senior Term Loan for Ashley Park Operations Corp.,one of the leading mortgage origination and services platforms for the Canadian residential real estate market. Operating with proprietary technology and with...
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Briar Capital, which has provided customized asset-based financing solutions since 2003, has moved award from accounts receivable and inventory financing to focus exclusively on owner-occupied, commercial real estate financing solutions while still...
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Sichenzia Ross Ference LLP, a corporate securities and full service law firm, today announced that it recently closed on an approximately $180 million multifamily real estate portfolio acquisition for one of its clients, a dynamic and growing real...
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Capital One announced that it provided a $35.7 million loan to Caddis®, as the project sponsor, to finance the construction of Heartis® Venice, a 191,000 square foot, 182-unit, three-story seniors housing community in Venice, Florida. The new...
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February 12, 2019, 09:00 AM
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Access Private Capital, the private equity arm of Berkeley Capital Partners, announced the closing of its newest investment. In partnership with NexPoint Real Estate Advisors, L.P. (NexPoint), Access Private Capital contributed $11.5 million toward...
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February 08, 2019, 07:00 AM
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I Fund Philly (iFP), a private lender that provides working capital to developers, investors and builders, hired Bryan Ziegenfuse as its new Managing Partner.
Ziegenfuse formally joined iFP in December of 2018 following a diversified 15-year career...
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February 04, 2019, 07:00 AM
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Metropolitan Partners Group Management, LLC, a direct-lending fund manager that provides senior-secured, transitional capital to small and mid-sized businesses in the U.S., recently closed an investment in US Home Aggregation, LLC (US Home), an...
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January 15, 2019, 07:00 AM
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A joint venture between Gordon Brothers and New Mill Capital Holdings has acquired three buildings from Hikma Pharmaceuticals in the Eatontown Industrial Park in Eatontown, NJ. The transaction closed on December 17, 2018 and includes a large share of...
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January 03, 2019, 08:00 AM
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General Finance Corporation (GFN) announced that Wells Fargo Bank, National Association, East West Bank (East West), CIT Bank, N.A., CIBC Bank USA, Key Bank, National Association, Bank Hapoalim, B.M., Associated Bank, entered into Amendment No. 8 to...
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December 27, 2018, 07:00 AM
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Carlyle Capital, a direct private lender, has successfully funded a $7 million loan on a $7.3 acquisition price for a stunning hilltop property in Bel Air, California. This loan was orchestrated by the team at Carlyle Capital in order to bridge the...
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December 06, 2018, 07:00 AM
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Greystone, a commercial real estate lending, investment, and advisory company, announced it has provided a total of $100,750,100 in HUD-insured loans to refinance seniors housing properties in the state of New York. The separate transactions were...
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November 30, 2018, 08:00 AM
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Business Capital has delivered financing to the Vezer Family Trust, an entity that owns several commercial and residential real estate properties, as well as operating entities that include a heavy construction and industrial equipment service...
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November 27, 2018, 07:00 AM
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Värde Partners, a global alternative investment firm, announced the closing of a commercial real estate collateralized loan obligation (CRE CLO). This is the firm’s second CRE CLO this year.
The asset pool consists of 25 floating-rate mortgages...
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November 09, 2018, 08:00 AM
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Shearman & Sterling advised Citibank as administrative agent in connection with a $350 million senior unsecured term loan facility for Alexandria Real Estate Equities.
The facility was documented as an amendment and restatement and was entered into...
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October 05, 2018, 08:00 AM
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LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided a $35.0 million senior secured credit facility to support Tower Three Partners LLC’s (“Tower Three”) acquisition of Nurse Assist, LLC.LBC served as...
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August 24, 2018, 08:01 AM
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Hilco Real Estate, LLC announced the sale of a portfolio of 16 surplus bank branches, office buildings, and development land parcels on behalf of First Midwest Bank.The assets included in this sale are located throughout the Chicagoland and Northwest...
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72nd Street Partners, LLC has closed a $10 million residential multi-asset REPO facility for a lender based in Florida. 72nd Street acted as advisor to the lender, representing a multi-billion dollar bank, which provided the financing line. 72nd...
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Capital One announced that it acted as sole lead arranger, sole bookrunner, and administrative agent on a $242.7 million senior secured term loan for a joint venture managed by Seattle based alternative investment firm, Columbia Pacific Advisors. The...
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Hilco Real Estate, LLC announced the date of June 29, 2018 as the qualifying bid deadline for 203-207 Cabrini Boulevard, located in Hudson Heights, Manhattan, New York. This property is zoned R7-2 and may allow for total buildable square feet of...
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PlattPointe Capital recently closed an $8,500,000 private money bridge loan secured by a large retail property located in Boulder, Colorado near the University of Colorado. The total duration from receiving the package to closing was 9 days....
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Turning Rock Partners, a private investment firm based in New York, announced the closing of $10 million in preferred financing to Capital Square 1031, tied to long-term contractual fee streams generated by a diversified portfolio of real assets....
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Two nationwide capital providers, Pangea Mortgage Capital (PMC) and T2 Capital Management (T2) closed a $30.1 million loan for the funding of a 225-acre development on the former Motorola Solutions campus in Schaumburg, IL.PMC and T2 were introduced...
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February 26, 2018, 08:00 AM
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CIT Group announced that its Real Estate Finance business provided a senior secured credit facility to bkm Capital Partners, an investment firm specializing in commercial and industrial real estate, to support a new acquisition in Las Vegas...
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February 14, 2018, 08:00 AM
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Ready Capital Corporation, a boutique Commercial Lender in Michigan, is finding that their ‘Low Documentation’ commercial mortgage loan programs are a great help to Michigan businesses and commercial property owners.
Michigan Banks, CPA’s, Attorneys...
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February 01, 2018, 06:19 AM
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NXT Capital announced that it has expanded its relationship with Aflac Incorporated to include management of a portfolio of commercial real estate mortgage loans. Aflac Global Investments, the asset management subsidiary of Aflac Incorporated, has...
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January 31, 2018, 08:00 AM
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Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $8.03 million in first lien debt financing to Leroy Operating, LLC. Monticello is a Registered Investment Adviser that, through a series of affiliated...
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January 25, 2018, 07:05 AM
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Paramount Group, Inc. announced that its operating partnership, Paramount Group Operating Partnership LP, has extended its revolving credit facility from November 2018 to January 2022, with two six-month extension options, and increased its capacity...
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January 17, 2018, 08:00 AM
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Walker & Dunlop, Inc. announced that it has structured a $100,000,000 Freddie Mac Revolving Credit Facility for Presidium Group, LLC ("Presidium" or the "Sponsor"), a valued, repeat client. The credit facility was initially secured by two properties...
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January 11, 2018, 08:00 AM
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M&T Bank, as Administrative Agent and left lead, and Natixis are the co-lead arrangers on a $195 million senior loan secured by a 347,694-square-foot, Class A office building at 55 West 46th Street in the heart of Midtown Manhattan, known as Tower 46...
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November 02, 2017, 08:00 AM
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CIT Bank, N.A., and its Southern California retail bank division OneWest Bank, announced a commitment of $65 million to affordable housing. Contributions are spread across five organizations to facilitate affordable housing projects in the Southern...
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October 23, 2017, 08:00 AM
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Greystone Bel Real Estate Advisors announced today Stephen Van Riper will lead the commercial real estate sales advisory group’s Capital Markets efforts. In this newly-created role, Mr. Van Riper will complement the Greystone Bel Real Estate...
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October 04, 2017, 08:00 AM
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Femab Properties Limited, a Lagos based property development and investment company, announced that it has signed a financing term sheet of $500 million with Milost Global Inc, a New York based Private Equity firm. This is a working capital and...
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August 28, 2017, 09:00 AM
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Known for its work on behalf of healthy and distressed retail companies, A&G Realty Partners announced the launch of a new division focused on maximizing the value of real estate assets and leases in non-retail sectors.
The formal launch of the new...
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Conway MacKenzie announced the launch of its Real Estate Advisory Services practice. Led by Managing Director Matthew Mason, the group will provide clients expert counsel and support to maximize real estate value through the repositioning of assets...
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Sharestates, an online real estate investment marketplace, announced today the launch of its new financing capability, Shareline Solution, which puts Sharestates forward as a strategic financing partner for lenders across the country. Working with...
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MedEquities Realty Trust, Inc. announced it has closed on a new $425 million secured credit facility. The amended and restated credit agreement provides for a $300 million secured revolving credit facility and a $125 million secured term loan. The...
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February 14, 2017, 08:00 AM
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Hilco Real Estate, LLC announced the upcoming online auction of a portfolio of REO assets on behalf of a large Illinois-based bank. The bank has mandated the disposition of these assets in the First Quarter of 2017. The assets included in this...
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February 02, 2017, 08:00 AM
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US Capital Partners Inc. announced that Chairman and CEO Jeffrey Sweeney has launched the US Capital Residential Real Estate Income Fund (the Fund) through the firm’s private investment and asset management division, US Capital Investment Management...
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January 18, 2017, 08:04 AM
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Apartment Investment and Management Company (“Aimco”) announced the closing of a $600 million revolving credit facility maturing in January 2022. Borrowings made under the new credit facility will bear interest, at LIBOR plus 1.20%, a 68 basis point...
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December 23, 2016, 07:02 AM
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Citizens Commercial Banking is providing a $90 million financing package that will allow MassDevelopment to fund the land acquisition and improvement of two buildings at the Boston property where GE will build its global headquarters. Citizens is the...
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December 15, 2016, 07:14 AM
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Capital One announced it provided a $21.2 million first mortgage to a joint venture formed by Harrison Street Real Estate Partners and Pisula Development Company. The funds were used to purchase Imperial Medical Center, a 128,000-square-foot...
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December 07, 2016, 07:05 AM
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Global Medical REIT Inc., a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators with dominant market share...
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December 06, 2016, 07:41 AM
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Capital One announced it has provided a $7.0 million Fannie Mae fixed-term loan to refinance Coddingtown Mobile Estates, a 117-space manufactured housing community (MHC) in Santa Rosa, California. Damon Reed, Senior Vice President and Capital One...
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December 06, 2016, 07:12 AM
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Ashford Hospitality Prime, Inc. entered into a new $100 million secured credit facility which replaces the Company's previous credit facility that was scheduled to mature this month. The new credit facility provides for a three-year revolving line...
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November 15, 2016, 07:39 AM
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One Liberty Properties, Inc. announced that it entered into an amended and restated revolving credit facility that increases the availability under the facility to $100 million and extends the facility's maturity to December 31, 2019. The bank group...
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November 10, 2016, 07:21 AM
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Vornado Realty Trust announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has extended one of its two $1.25 billion unsecured revolving credit facilities from June 2017 to...
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November 08, 2016, 07:06 AM
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Apollo Commercial Real Estate Finance, Inc. (ARI) announced the company closed a commercial real estate loan transaction totaling $130 million, bringing year-to-date total capital commitment and deployment to approximately $879.0 million. ARI also...
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October 17, 2016, 07:16 AM
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Capital One announced that it has provided a $15.8 million Fannie Mae structured adjustable rate loan to refinance Rio Vista Mobile Estates, an all-age, 200-space manufactured housing community (MHC) in Anaheim, California. Senior Vice President Chad...
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October 11, 2016, 07:07 AM
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Business Capital announced that it structured and delivered a $25 million mezzanine loan for an agricultural land and real estate development company. Business Capital's client is a third generation farmer who has been involved in agriculture and...
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September 22, 2016, 07:29 AM
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CIT Group announced that CIT Real Estate Finance served as sole lead arranger and administrative Agent for a $61.8 million senior secured credit facility to TNREF III Parkway JV, LLC, a joint venture between True North Management Group and Fulcrum...
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August 30, 2016, 07:26 AM
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Capital One provided a $74 million adjustable-rate loan to a joint venture between an investment fund managed by PGIM Real Estate (formerly Prudential Real Estate Investors) and the Related Group of Florida. The loan will be used to retire the...
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August 26, 2016, 07:15 AM
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Capital One announced it has provided a $10.1 million fixed-rate Fannie Mae loan for the acquisition of Sunset Park, a 165-space manufactured housing community (MHC) in Loveland, Colorado — approximately 50 miles north of Denver. Damon Reed, Senior...
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August 24, 2016, 07:02 AM
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AloStar funded three deals totaling $20.5 million through its commercial real estate platform. Details include: AloStar provided a $9 million term loan to an affiliate of ColumbusNova. The loan will go toward the purchase of a 159, 810 square foot...
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August 05, 2016, 07:51 AM
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Griffin Industrial Realty, Inc. has entered into an amendment to its revolving credit line with Webster Bank, N.A. that extends the Webster Credit Line for two years through July 31, 2018. The Amendment increases the amount of the Webster credit line...
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Capital One announced it has provided $21.5 million in first mortgage financing for the acquisition of two properties in the Hudson Valley region of New York, a 66,000 square foot medical office building in Hudson and a 42,000 square foot medical...
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Capital One announced it has closed a $28 million loan to support the acquisition of a medical office building portfolio consisting of a 139,000 square foot laboratory building and a 68,000 square foot office building located in Rockleigh, New Jersey...
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Capital One announced it has provided Fannie Mae structured adjustable-rate (SARM) loans totaling $60.8 million to refinance four manufactured housing communities (MHCs) in California. Senior Vice President Chad Thomas Hagwood originated the...
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Capital One announced it served as a co-lender and the administrative and collateral agent for a $500 million adjustable-rate agency warehousing facility. The borrower is Berkadia Commercial Mortgage, one of the largest multifamily agency lenders in...
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Capital One announced it has provided a $32.8 million loan package to refinance a portfolio of three medical office buildings in Texas and Colorado owned by Houston-based Medistar Corporation. Medistar is a full-service real estate development...
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Capital One announced it has provided a $7.3 million fixed-rate Fannie Mae loan to refinance Northland Lofts (now known as Park Lofts) a 152-unit mid-rise apartment complex in North Kansas City, Missouri. Brian Sykes, a Senior Vice President in...
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Many commercial real estate executives see solid prospects for their sector, with 52% indicating that they believe that their segment of the market is either strong or very strong, and 71% say adequate capital is available for investment. These are...
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Ready Capital Corporation recently closed ten alternative commercial mortgages in Michigan including:
Detroit – Finance and restructure debt on 90,000 sq ft downtown Detroit office building
Holly - Commercial mortgage on multifamily
Auburn Hills...
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Capital One announced it has provided a $4.7 million Fannie Mae fixed-rate loan to refinance Country Cousin Manufactured Home Community, a 309-space manufactured housing community (MHC) in Novi, Michigan. Damon Reed, Senior Vice President and Capital...
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Capital One announced it has provided a $60.6 million, seven-year, interest-only loan to refinance Rialto on New Montgomery, a 137,000-square-foot office tower with ground floor retail on the corner of Mission and New Montgomery Streets in San...
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Weingarten Realty Investors has amended and extended its $500 million unsecured revolving credit facility. The facility will mature in March 2020, with a provision to extend the maturity date for two consecutive six-month periods, at the Company’s...
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Capital One provided a $5.0 million Fannie Mae fixed-rate loan to refinance the Napa Olympia Mobile Lodge, a 201-space manufactured housing community (MHC) in American Canyon, California, 75 miles northwest of San Francisco. Damon Reed, Senior Vice...
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CBRE Group, Inc. announced that it has extended the maturity on its revolving credit facility to March 2021 and increased its borrowing capacity under this facility by $200 million, to $2.8 billion. At year-end 2015, the company had no outstanding...
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H&R Real Estate Investment Trust ("H&R REIT") announced that it has entered into a new senior unsecured credit facility for up to $200 million with Bank of Montreal, available on a non-revolving basis, maturing March 17, 2021 with no scheduled...
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Hilco Redevelopment Partners announced the purchase of an 8.2-acre property located at 152 Grove Street in Waltham, Massachusetts. The property is conveniently located just ten miles from downtown Boston and is situated in a vibrant, mixed-use...
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February 25, 2016, 07:33 AM
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Citizens Bank has announced that it has provided $29 million in construction loans to Triangle Equities to help finance the Lighthouse Point development – a $200 million, mixed-use project on the St. George waterfront in Staten Island, New...
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February 24, 2016, 07:28 AM
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Citizens Bank has provided a $107.28 million loan to developer Questar Properties for construction of a new 44-story, 394-unit luxury apartment tower at 414 Light Street, former site of the McCormick Spice warehouse. Citizens was lead arranger on the...
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February 18, 2016, 07:28 AM
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Capital One announced it has provided a $6.8 million fixed-rate, HUD 232/223(f) loan to refinance a 134-bed skilled nursing facility in Northern Illinois. The loan has a 35-year term. Senior Vice President Joshua Rosen, who leads Capital One’s...
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February 11, 2016, 07:08 AM
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A10 Capital, a leading middle-market commercial real estate lender, closed a $75 million investment facility from KKR. This platform investment will bolster A10's core capital base to fuel the future growth of its on-balance sheet bridge and...
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February 10, 2016, 07:52 AM
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Capital One announced it has provided a $3.27 million Fannie Mae adjustable-rate loan for the acquisition of Sierra Mobile Home Park, a seniors-only manufactured housing community (MHC) in Santa Clarita, California, northeast of Los Angeles. Senior...
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January 06, 2016, 06:43 AM
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Capital One announced it has provided an $11.719 million Freddie Mac adjustable-rate loan to refinance Starlight Mobile Home Park, a 162-space, seniors-only manufactured housing community (MHC) in El Cajon, California, in San Diego County. Senior...
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December 28, 2015, 07:11 AM
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First Potomac Realty Trust, a leading owner and operator of office and business park properties in the greater Washington D.C. region, has executed a recast of its unsecured revolving credit facility and unsecured term loans, which replace the...
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December 08, 2015, 07:06 AM
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Diamond Resorts International, Inc. announced today the completion of the Second Amendment and First Incremental Assumption Agreement (the “Second Amendment”) to the company’s existing credit agreement. The Second Amendment provides for a $150...
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December 07, 2015, 08:03 AM
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Capital One has provided a $7.7 million Fannie Mae fixed-rate loan to refinance Casa de Flores, a 309-space manufactured home community (MHC) in Chico, California, in the northern Sacramento Valley. Damon Reed, Senior Vice President and Capital One’s...
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December 04, 2015, 07:04 AM
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Capital One announced it has provided a $2.585 million Freddie Mac fixed-rate loan to refinance Wagon Wheel Mobile Home Park, a manufactured housing community (MHC) in Phoenix, Arizona. Senior Vice President Chad Thomas Hagwood originated the...
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December 03, 2015, 07:53 AM
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American Residential Properties, Inc. announced that it has renewed and amended the credit agreement governing its senior secured revolving credit facility. With the renewal, the facility's expiration has been extended to May 2017 with two optional...
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December 01, 2015, 07:14 AM
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Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, announced that it successfully closed on a new, expanded $250 million senior unsecured...
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November 30, 2015, 07:27 AM
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Forest City Enterprises closed a new, $500 million unsecured credit facility. The four-year facility, with two six-month extension options, includes an accordion feature allowing the overall facility to be increased to $750 million. The facility is...
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November 20, 2015, 07:34 AM
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Hilco Real Estate, LLC sold 64 properties on behalf of the New Orleans Redevelopment Authority (NORA) on November 9th and 10th in its first Online Only Auction. Each property had a minimum bid price of $2,500 and all properties were sold during the...
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November 19, 2015, 07:24 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a senior secured construction loan to Bridge Development Partners, a privately owned commercial real estate firm that develops and acquires industrial and office assets. Financing was...
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November 11, 2015, 08:05 AM
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Satilla Capital Partners, a multi-strategy, private real estate and credit investment manager based in Atlanta, GA, announced that it has received $160 million in new capital commitments and has added three credit professionals to its lending...
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November 04, 2015, 07:03 AM
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Capital One has provided adjustable-rate loans totaling $28 million to refinance two suburban New York shopping centers – Selden Plaza, a 229,000 square-foot retail center with office space in Selden, New York, and Towne Center, a 43,000 square-foot...
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October 29, 2015, 07:11 AM
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Capital One announced that it has provided a $24 million secured term loan and a $9.6 million bridge loan to acquire and redevelop a historic nine-story, 360,970-square-foot office building located at 411 North Akard Street in Dallas. The building...
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October 28, 2015, 07:11 AM
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Citizens Bank provided a $22.7 million term loan to Linear Retail Properties. Linear Retail is a leading owner, developer and operator of retail properties throughout New England. The company focuses on acquiring well-located properties and improving...
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October 22, 2015, 08:04 AM
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Capital One Bank announced provided an $18 million fixed-rate loan to refinance Executive Towers at Lido, a 276-unit apartment complex in Long Beach, New York. The borrower, the Walton Family, is a longtime client of Capital One, and the new loan...
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October 02, 2015, 07:12 AM
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Capital One announced it has brokered a $5 million fixed-rate loan to refinance a 103,755 square-foot industrial building in Whittier, California. Kristen Croxton and Greg Reed, Senior Vice Presidents in Capital One Multifamily’s office in Newport...
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September 30, 2015, 07:09 AM
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SSG Capital Advisors acted as the investment banker to Green Tree School & Services in the sale of all of its outstanding stock and its real estate to affiliates of Salisbury Management, Inc. The real estate transaction closed in June 2015 and the...
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September 25, 2015, 07:58 AM
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Hunt Mortgage Group, a commercial real estate lender, announced it has closed its first loan in the healthcare sector through its Proprietary Loan Group, the firm’s new balance sheet lending platform launched earlier this year. Hunt Mortgage Group...
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September 18, 2015, 07:18 AM
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H.I.G. Capital (“H.I.G.”), a leading global investment firm, announced that its affiliate has reached an agreement with the shareholders of Finangeste, a Portuguese asset manager, to acquire two real estate-based portfolios. The portfolios are...
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September 14, 2015, 07:06 AM
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Capital One announced it served as joint lead arranger, joint bookrunner, and administrative agent for an $88.7 million syndicated loan to a single purpose entity controlled by ECI Group, Inc. and the Harbor Group International. Loan proceeds will be...
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September 11, 2015, 07:09 AM
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CIT Real Estate Finance provided a $48 million senior secured credit facility to a joint venture between Arun Bhatia Development Organization (ABDO) and Sherwood Equities, Inc. The facility will be used to construct a 16-story building located at 10...
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September 02, 2015, 07:36 AM
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Capital One announced it served as sole lead arranger, sole bookrunner, and administrative agent for an $80 million syndicated loan to finance the construction of a 297-room, four-star hotel at the entrance to the University of Maryland in College...
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September 02, 2015, 07:07 AM
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Capital One announced it served as joint lead arranger, joint bookrunner, and administrative agent for a ten-year, $150 million syndicated loan to refinance 40 Worth Street, a 16-story Tribeca office building owned by Newmark Holdings. TD Bank also...
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August 21, 2015, 07:33 AM
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Capital One announced that it served as sole lead agent, sole bookrunner, and administrative agent for a $110 million senior secured, nonrecourse bridge loan that will enable a property fund managed by Brookfield Asset Management to refinance 64 New...
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August 13, 2015, 07:25 AM
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Capital One announced it has provided a $45 million Fannie Mae ten-year fixed-rate loan to refinance Christiana Meadows, a 648-unit apartment complex in Bear, Delaware, a suburb of Wilmington. Senior Vice President Brian Sykes originated the...
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Capital One provided a $14 million Fannie Mae fixed-rate loan to refinance Rincon Country Mobile Home Park, a 540-space, age-restricted manufactured housing community (MHC) in Tucson, Arizona. Damon Reed, Senior Vice President and Capital One’s...
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Capital One announced it has provided a $4.6 million Fannie Mae fixed-rate loan for the acquisition of Ocean West, a 127-unit, age-restricted manufactured housing community (MHC) in McKinleyville, California. Damon Reed, Senior Vice President and...
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Capital One announced it successfully completed the syndication of a $180 million senior loan, which will be used to convert 180 Water Street, an office building in New York’s Financial District, into multifamily apartments. Capital One, serving as...
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Capital One Multifamily Finance provided a $9.3 million Fannie Mae fixed-rate loan to refinance Lakecrest Apartments, a 225-unit apartment complex in Greenville, South Carolina. Meridian Capital Managing Director Jacob Katz, Senior Managing Director...
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Capital One provided a $23.7 million fixed-rate, HUD 232/223(f) loan to refinance a 400-bed skilled nursing facility in Northern Illinois. Senior Vice President Joshua Rosen originated the transaction. Rosen leads Capital One’s agency healthcare...
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Capital One announced that it has provided secured term loans totaling $53.4 million to enable the Brookfield Strategic Real Estate Partners Fund to refinance four apartment complexes in North Carolina and South Carolina. The refinanced North...
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Pacific Mercantile Bank has extended a $10 million line of credit to Shark Investments, LLC to help finance the company's operations. In addition to the line of credit, Shark Investments will utilize Pacific Mercantile Bank's treasury management...
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Wheeler Real Estate Investment Trust has secured a $45 million revolving credit facility with KeyBank National Association. The company expects primarily to use the facility to acquire select grocery-anchored properties located in its targeted...
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Capital One provided a $6.8 million adjustable-rate Freddie Mac loan to refinance Deer Valley Regency, a 96-unit apartment community in Phoenix, Arizona. Kristen Croxton and Greg Reed, Senior Vice Presidents in Capital One Multifamily’s office in...
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Capital One Multifamily Finance provided a $5 million Fannie Mae fixed-rate loan for the acquisition of Idle Wheel, a 153-space manufactured home community (MHC) in Woodland, California, part of the Sacramento MSA. Damon Reed, Senior Vice President...
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Capital One Bank has closed a $90 million construction loan for Grosvenor Americas’ mixed-use project combining 325 Class A apartments in the Capitol Riverfront District in Washington, D.C., adjacent to Nationals Park baseball stadium. Capital One...
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Capital One Multifamily Finance announced it has provided a $20.5 million Fannie Mae fixed loan for the acquisition of The Manor Homes of Arborwalk, a 280-unit class A apartment complex in Lee’s Summit, Missouri, part of the Kansas City MSA. The...
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Capital One Multifamily Finance provided a $10.9 million fixed-rate, HUD 232/223(f) loan to refinance a 133-bed skilled nursing facility in Northern Illinois. Senior Vice President Joshua Rosen originated the transaction. Rosen leads Capital One’s...
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Capital One Multifamily Finance provided a $5.5 million adjustable-rate Freddie Mac loan to refinance Regalia Crest, a 128-unit apartment community in Sacramento. Andrew Kwok, Assistant Vice President in Capital One Multifamily’s office in Newport...
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Sunstone Hotel Investors, Inc. has entered into a new senior unsecured credit facility. Under the facility, the company's total available capacity increases from $150 million to $400 million. Facility pricing ranges from 155 to 230 basis points over...
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RREEF Property Trust, Inc. announced the closing of a $75 million secured revolving credit facility with Wells Fargo Bank, National Association on March 6, 2015. At closing, RREEF Property Trust borrowed approximately $43.4 million under the facility...
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Capital One Bank announced that it has provided a $35 million loan to finance notes receivable for the Grand Colorado on Peak 8, a timeshare resort with 75 two-bedroom equivalent units, ranging from one to four bedrooms, located at the base of Peak 8...
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Capital One Multifamily Finance announced it has provided a $7.3 million Fannie Mae fixed-rate loan to refinance Rodeo Mobile Estates, a 204-space seniors manufactured housing community (MHC) located in Soquel, California, near Santa Cruz. Damon Reed...
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Manhattan Bridge Capital, Inc. announced it has entered into a line of credit agreement with Webster Business Credit Corporation pursuant to which the lender has agreed to advance up to $14 million at an interest rate of either LIBOR plus 4.75% or...
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Capital One Multifamily Finance announced it has provided a $22.1 million fixed-rate, HUD 221(d)(4) loan for construction and permanent financing of Remington Apartments, a 216-unit, market-rate, Class A rental community in Helena, Montana. The...
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February 26, 2015, 07:18 AM
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Capital One Multifamily Finance placed fifth in total multifamily agency originations in 2014 with loans totaling $3.1 billion, according to recent announcements from Fannie Mae and Freddie Mac. This top five ranking marks the first full year since...
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February 25, 2015, 07:03 AM
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Capital One Multifamily Finance announced it has provided $29.1 million in fixed-rate, HUD 232/223(f) loans to refinance four skilled nursing facilities in the Los Angeles area for a single owner. The loans include $8.6 million for a 98-bed facility...
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January 29, 2015, 07:03 AM
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CatchMark Timber Trust, Inc. announced the refinancing of its existing credit facilities through a syndicate led by CoBank ACB, increasing its total credit availability from $240 million to $410 million. The new debt facilities include a $35 million...
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December 29, 2014, 07:49 AM
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Capital One Multifamily Finance announced today that it has provided a $6.6 million Fannie Mae fixed loan to refinance Turf Mobile Manor, a 199-space manufactured housing community (MHC) in Phoenix, Arizona. Damon Reed, Senior Vice President and...
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December 12, 2014, 07:07 AM
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Canyon Capital Realty Advisors LLC, a real estate investment firm, has provided a $157 million senior construction loan to a joint-venture between the Related Group of Florida and SBE Hotel Group to finance the development of the SLS Brickell Hotel &...
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December 02, 2014, 07:02 AM
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Washington Trust's Commercial Real Estate Group recently provided $4.125 million to Metro 254, LLC and Metro 260, LLC to finance the acquisition and renovation of a mixed-use retail property and parking garage in New Haven, CT. The properties, both...
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November 17, 2014, 07:07 AM
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Capital One Multifamily Finance announced today that it has originated a $6.4 million fixed loan through a CMBS partner for the acquisition of Colony House Apartments, a 139-unit garden-style apartment community in Fort Walton Beach, Florida. Senior...
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November 11, 2014, 06:48 AM
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Capital One Multifamily Finance announced today that it has provided a $7.7 million Fannie Mae fixed loan to refinance two recently completed student apartments in Tuscaloosa, Alabama, home of the University of Alabama. The loan will be used to...
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November 05, 2014, 06:26 AM
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Capital One Multifamily Finance announced today that it has provided a $19.5 million Fannie Mae fixed loan for the acquisition of City Point, a 396-unit garden-style apartment community in Austin, Texas. Adam Bieber, Vice President in Capital One...
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November 04, 2014, 06:39 AM
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Capital One Multifamily Finance announced it has provided a $21.4 million fixed-rate, HUD 232/223(f) loan to refinance a 186-bed skilled nursing facility in Chicago. Senior Vice President Joshua Rosen originated the transaction. Rosen leads Capital...
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November 03, 2014, 06:43 AM
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Capital One Multifamily Finance provided a $12.7 million Fannie Mae fixed loan to refinance Wilde Lake Apartments, a 190-unit class A-/B+ apartment community in Richmond, Virginia. Senior Vice President Sadhvi Subramanian and Vice President and Mike...
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October 31, 2014, 07:04 AM
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Capital One Bank announced it has provided loans totaling $74 million to refinance two Houston apartment complexes, the San Cierra Apartments, a 362-unit garden-style complex, and North Post Oak Lofts, a 330-unit mid-rise. John Reichenbach, Senior...
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October 23, 2014, 06:58 AM
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GE Capital’s Franchise Finance (GEFF) business announced that it has provided an $18.5 million term loan to Noble Investment Group, LLC, to acquire the SpringHill Suites Miami Airport South location. Positioned in the heart of the Blue Lagoon office...
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October 09, 2014, 07:31 AM
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Physicians Realty Trust, a self-managed healthcare real estate company, announced it has closed on a new unsecured revolving credit facility and paid off its secured revolving credit facility. The Unsecured Revolving Credit Facility increases the...
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September 19, 2014, 07:44 AM
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CIT Group announced that CIT Real Estate Finance provided a $32 million senior secured loan to Spirit Bascom Ventures, a joint venture between New York City–based Spirit Investment Partners, LLC, and Irvine, California–based The Bascom Group, LLC....
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September 18, 2014, 05:52 AM
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CIT Group Inc. announced that CIT Real Estate Finance served as lead arranger and administrative agent in a $140 million senior secured loan to Kushner Companies, a diversified real estate company, and the KABR Group, a real estate investment and...
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September 09, 2014, 07:21 AM
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44 Business Capital LLC recently structured an $11.8 million loan for the purchase of a 400,000 square foot manufacturing plant in Bensalem, PA. A family owned business for over 20 years, TC Millwork is a full service manufacturer of store fixtures...
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September 03, 2014, 07:16 AM
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Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, announced the formation of the National Healthcare Group within Brown Gibbons Lang Real Estate Partners (BGLRP), BGL's real estate investment sales advisory practice....
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August 05, 2014, 07:26 AM
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Rexford Industrial Realty, Inc., a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced that it has amended the terms and expanded the availability under its...
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Alvarez & Marsal’s (A&M) Real Estate Advisory Services practice has been awarded a five-year, $88 million contract to assist the U.S. Air Force with its military housing and other public-private real estate programs. The contract, referred to as Air...
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FirstService Corporation announced that it has increased its revolving credit facility to $500 million from $350 million. The $150 million increase was substantially oversubscribed by its syndicate of banks including TD Bank, JPMorgan Chase Bank...
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Enters commercial real estate, borrower’s certification markets with two new servicesQuiktrak, a global leader in asset verification and inventory audit solutions, announced that it has added two new inspection services to its portfolio. Quiktrak...
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Capital One Bank announced that it successfully completed the syndication of an increase in the credit facility for American Realty Capital’s New York REIT, Inc. (“NYRT”) to $705 million, from $390 million. Shares of common stock in the REIT were...
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Capital One Bank announced that it has provided a $45 million, three-year term loan to Shorenstein Realty Investors Eight, LP, a $1.1 billion fund sponsored by Shorenstein Properties LLC. The loan will be used to refinance the existing debt on 399...
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Global professional services firm Alvarez & Marsal (A&M) announced a strategic alliance between the firm’s Real Estate Advisory Services practice and METIS Financial Network, offering clients the benefit of A&M’s extensive real estate valuation...
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CIT Group announced that CIT Real Estate Finance provided a $36 million senior secured loan to Kushner Companies, a diversified real estate company headquartered in New York City. The facility, which includes an $8 million renovation reserve, will be...
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Strategic Hotels & Resorts, Inc. announced that it has closed a new $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400.0 million. The new facility replaces a $300 million...
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Capital One Bank announced today that it successfully completed the syndication of a $67.5 million loan in senior secured construction facilities for Murray Kushner/KRE Group and The Silverman Group. The loan will be used for the construction of...
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Beech Street Capital, a Capital One company, announced today that it has provided a $34 million 10- year loan to refinance Valley Forge Towers North, a 242 unit, 15-story high-rise apartment building in King of Prussia, Pennsylvania. The transaction...
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Ares Commercial Real Estate Corporation announced that, through a wholly owned subsidiary, it closed a $50 million secured revolving funding facility with City National Bank (the CNB Facility). The CNB Facility will be used to finance new investments...
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CIT Group announced that CIT Real Estate Finance provided a $26 million senior secured credit facility to redevelop the PGA Plaza Shopping Center, a joint venture headed by Menin Development, a privately held owner, developer and manager of...
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February 05, 2014, 07:50 AM
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Trade Street Residential, Inc. announced the company's operating partnership, Trade Street Operating Partnership, LP, entered into a $75 million senior secured credit facility (the "Credit Facility") with Regions Bank as Lead Arranger and US Bank...
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February 03, 2014, 07:28 AM
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Capital One Bank announced it has provided a $96.3 million, seven-year term loan to Jamestown Premier 245 First, LLC. The loan will be used to finance the acquisition of Riverview, a commercial real estate (CRE) property in Cambridge, Massachusetts....
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January 17, 2014, 07:16 AM
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Manhattan Bridge Capital announced its revolving credit line with Sterling National Bank has been increased to up to $7 million, $2 million more than the previous limit. The terms of the increased line are similar to the terms of the original line...
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December 16, 2013, 07:56 AM
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Rouse Properties, Inc., a national owner of regional enclosed malls, today announced the closing of a new $510 million corporate credit facility, which replaced the Company's existing $337.9 million credit facility which had been scheduled to mature...
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November 26, 2013, 07:49 AM
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Summit Hotel Properties, Inc. announced that it has closed on a new $300 million senior unsecured credit facility.On Oct. 10, the company completed a new $300 million senior unsecured credit facility to replace its $150 million senior secured...
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October 15, 2013, 07:54 AM
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Broadstone Real Estate, LLC announced that Broadstone Net Lease, Inc. (BNL) has closed on a new $150 million unsecured credit facility. The syndicated facility closed today, October 11, 2013. Regions Bank, Wells Fargo Bank N.A., Bank of Montreal...
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October 14, 2013, 07:33 AM
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Jones Lang LaSalle Incorporated announced it has renewed and extended its bank credit facility to further strengthen the firm’s operating flexibility. The borrowing capacity under the new facility has increased to $1.2 billion from $1.1 billion. As...
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October 09, 2013, 11:02 AM
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Partners Real Estate Investment Trust has extended and amended its existing revolving credit facility (the "revolver") which is provided by a consortium of Canadian chartered banks consisting of Royal Bank of Canada, Bank of Nova Scotia and...
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October 07, 2013, 07:33 AM
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American Residential Properties, Inc. announced that it has amended and restated the credit agreement governing its senior secured revolving credit facility, increasing its maximum borrowing amount from $150 million to $290 million. In addition, the...
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September 23, 2013, 07:56 AM
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Progress Residential has entered into a new revolving credit facility of $400 million. The proceeds will be used for the acquisition, renovation and management of single-family homes across the country. Deutsche Bank served as sole lender for the...
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September 11, 2013, 07:48 AM
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Physicians Realty Trust, a self-managed healthcare real estate company today announced the closing of a $75 million line of credit with a $175 million accordion feature with a syndicate of banks led by Regions Bank, N.A., discusses its first...
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September 03, 2013, 07:51 AM
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Capital One Bank provided a $155 million, seven-year term loan to Jamestown Premier One Metro Center Corp. The loan will be used to acquire a 12-story office building in Washington, D.C. The property, which was sold by Clarion Funds, is located at...
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August 30, 2013, 07:00 AM
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Home Properties, Inc. announced that on August 19, 2013 it entered into an amendment to its December 9, 2011 amended and restated unsecured line of credit agreement, increasing the amount of the revolving line to $450 million from $275 million. The...
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August 23, 2013, 07:32 AM
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American Realty Capital New York Recovery REIT, Inc. announced that on August 20, 2013, through its operating partnership, New York Recovery Operating Partnership, L.P., it entered into a $220 million credit facility which provides for aggregate...
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August 22, 2013, 07:26 AM
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North American Properties - Atlanta, Ltd. (NAP), developers of Avalon, announced that construction financing has been closed and vertical construction has begun. NAP, in joint venture with Sarofim Realty Advisors, secured $126.5 million in financing...
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August 19, 2013, 07:26 AM
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Capital One Bank announced today that it has provided a $100 million, ten-year term loan to Lakeway Center, to finance the acquisition of Lakeway Center, three adjacent office towers in Metairie, LA. The Feil Organization, the sponsor behind...
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August 05, 2013, 01:06 PM
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Ares Commercial Real Estate Corporation (ACRE) has expanded its Capital One revolving funding facility from $50 million to $100 million. In addition, the pricing on the facility was reduced from a range of LIBOR plus a margin of 2.50 percent to 4.00...
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American Realty Capital Trust IV, Inc. announced that on June 18, 2013, through its operating partnership, it entered into a $750 million credit facility with Regions Bank, JP Morgan Chase Bank, N.A., Wells Fargo Bank, National Association, Bank of...
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CIT Real Estate Finance provided a $33.3 million senior secured loan to Spirit Bascom Ventures, a joint venture between New York-based Spirit Investment Partners and the Irvine, Calif.-based Bascom Group. The facility was used to acquire 2 five-story...
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Avesta Communities, through its affiliate Avesta Real Estate Fund I, announced it entered into a three-year $45 million senior secured revolving credit facility with KeyBank National Association.The facility maximizes capital structure flexibility...
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CIT Group Inc. announced that CIT Real Estate Finance provided an $18.2 million senior secured loan to Kushner Companies, a diversified real estate company headquartered in New York City, to acquire and expand four multifamily apartment buildings...
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