Finance & Investment - New York

  • Greystar Nabs NJ Community for $70M

    Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.

    03 November 2017 14:09
  • Jehovah’s Witnesses Sells Historic Brooklyn Asset

    Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.

    02 November 2017 15:28
  • Meridian Capital Arranges $50M Construction Loan

    SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.

    31 October 2017 01:58
  • Queens Nursing Facilities Land $54M Refi

    With a total of 576 units, both properties are part of the SentosaCare network. Greystone provided the HUD-insured mortgage loans for the two highly specialized assets.

    19 October 2017 15:40
  • LeFrak Completes $70M Reno of Queens Community

    The firm's five-year capital improvement program has come to an end, bringing the 4,600-unit, 20-building LeFrak City community to a new level with a series of infrastructure and amenity upgrades.

    10 October 2017 14:46
  • Breaking Ground Opens 1st Affordable Community

    Designed by COOKFOX Architects, Park House is an $86 million, 248-unit project in the Bronx, built to accommodate low- and very low-income families.

    06 October 2017 15:07
  • JV Lands $215M for NYC Condos

    Cape Advisors, Strategic Real Estate and Forum Absolute Capital Partners scored financing from Eastern Consolidated's Capital Advisory Division for the development in Manhattan's Special Hudson Square Zoning District.

    06 October 2017 14:40
  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59
  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11
  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13
  • Jamestown Nabs $145M for Manhattan Apartments

    Capital One provided the loan for 88 Leonard St., a 21-story, 352-unit luxury building located in Manhattan’s Tribeca neighborhood.

    12 September 2017 16:12
  • Manhattan Sale Prices Drop: CityRealty Report

    The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.

    07 September 2017 15:43
  • CapStack’s Stake in Multifamily Investment

    The New York City-based firm is focusing on value-add opportunities in the Southeastern U.S. With 15 years of experience in the industry, Portfolio Manager Ben Inman will handle acquisition and asset management of CapStack’s multifamily investments.

    06 September 2017 13:47
  • New Destiny Breaks Ground on Affordable Bronx Community

    The Jennings will feature 42 units for low-income households. Alex Gorlin is the architect and Lettire Construction is the general contractor.

    04 September 2017 16:13
  • Manhattan Community Trades for $61M

    The 117-unit apartment building is situated in the Gramercy Park neighborhood, while residents benefit from easy access to multiple public transportation options.

    04 September 2017 14:26