New York
Centurion Lands $171M Loan for Converted Manhattan Condos
JLL arranged the financing, which was provided by Macquarie Principal Finance.
Clipper Equity Lands $140M Construction Loan for Brooklyn Project
SCALE Lending provided financing for the 354-unit community.
Allure Group Obtains $108M for Brooklyn Tower
Dwight Mortgage Trust provided the bridge loan.
HELP USA Opens $129M Affordable Housing Community
Upon completion, the Brooklyn property will comprise more than 500 units.
Brooklyn Development Lands $68M Loan
The project will benefit from the 421a tax abatement program.
Slate Property Group JV Lands $97M for Queens Community
Loan proceeds will be used to retire existing debt.
Leasing Launched at Brooklyn Adaptive Reuse Project
The Highland is being built on the site of the former Empire State Dairy Co. in the borough’s Cypress Hills neighborhood.
Studio ST Offers Blueprint for Midtown Manhattan Conversions
The proposal is a response to New York’s “City of Yes” housing initiative.
Ming’s Garden Realty Lands $60M Bridge Loan for Queens Project
Slate Property Group provided financing backing the 143-unit development in Astoria.
Queens Multifamily Report – January 2024
Occupancy flat, rents on the rise in the NYC borough.