Sunday Summary: It’s REBNY, Baby!
It was a week of drinking, of eating, of shushing, and of ignoring the immensely powerful people trying to talk to you. It was the Real Estate Board of New York’s annual soiree, which was in full swing...
View ArticleSpring Finance Forum: Tremors to Be Felt ‘In Every Asset Class’
Nearly a year to the day after commercial real estate financiers saw the first signs of troubled waters ahead, lenders and brokers yearned for market stability at Commercial Observer’s seventh annual...
View ArticleMultifamily Outlook | Uncovering Opportunity in Los Angeles
Even as economic uncertainty continues, multifamily investment opportunities can be found — if you know where to look. In this issue of the Multifamily Outlook, Walker & Dunlop: • Examine the state...
View ArticleApollo Subsidiary Refis Staten Island Industrial Outdoor Storage Site With...
DH Property Holdings (DHPH) has secured an $88 million debt package to refinance an industrial outdoor storage (IOS) development in Staten Island, Commercial Observer can first report. Athene, a...
View ArticleJPMorgan, Canyon Lend $118M on Fisher Brothers’ Wynwood Development
Fisher Brothers has sealed $117.5 million in construction financing for Wynhouse Miami, the New York-based firm’s new multifamily and retail development in Miami’s Wynwood neighborhood, Commercial...
View ArticleWC Smith Secures $108M to Refinance Park Chelsea Apartments in DC
WC Smith has received $108 million to refinance Park Chelsea, a 429-unit apartment building in Washington, D.C., completed in 2016. The Fannie Mae financing consists of a five-year fixed rate at 5.19...
View ArticleCustomers Bank Makes $64M Construction Loan for Bronx Mixed-Use Development
Stellar Management and Karten Organization, a pair of New York City-based real estate investment management firms, have secured a $64 million construction loan to build a 197-unit residential building...
View ArticleGreystone Hires Capital One Pair to Lead Atlanta Multifamily Lending Team
Greystone has added two senior managing directors from Capital One to lead its multifamily lending efforts out of the company’s Atlanta office, Commercial Observer has learned. The New York-based...
View ArticleAffinius, Clarion Originate $158M Refi for Salt Lake City Multifamily...
Bridge Investment Group and Lowe Property Group have secured a $157.5 million loan to refinance Post District, their 580-unit, Class A mixed-use multifamily development in Downtown Salt Lake City,...
View ArticleWalker & Dunlop Partners With Black Commercial Real Estate Network
The Black Commercial Real Estate Network (BCREN), an advocacy group launched in the summer of 2020 with the goal of amplifying the voices of Black members of a largely white industry following the...
View ArticleiBorrow Provides $47M Refi for Nationwide Industrial Portfolio
Some CRE firms are in the giving mood this season: A private lender has provided a refinancing loan for a six-property industrial portfolio spread across the U.S. Los Angeles-based iBorrow announced...
View ArticleWalker & Dunlop Refis Student Housing Portfolio With $380M Credit Facility
Scion Student Communities (SSC) has sealed a $380 million credit facility to refinance 11 off-campus student housing properties. Walker & Dunlop (W&D) originated the Fannie Mae-backed credit...
View ArticleFinance Deals of the Week: Largest South Florida Construction Loan
This week, the large loans were flowing. South Florida saw its largest construction loan ever with the $600 million financing package for the Cipriani Residences Miami at 1420 S Miami Avenue. Also,...
View ArticleFinance Deals of the Week: Miami Panorama Tower Nets $420M Refi
The deals are heating up at the start of February, as several massive loans have made their way across the country. There’s a $420 million refinancing for Miami’s Panorama Tower, a $395 million loan on...
View ArticleNew York Life Insurance Company Provides $83M For N.J. Industrial Facility
Lincoln Equities Group and PCCP have secured $83 million in construction financing for a joint venture industrial development in Morris Plains, N.J., Commercial Observer can first report. New York...
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