Pisanelli of U.S. Reatly Capital arranges $20.65 million in construction and permanent loans

The Atlantic Northeast office of U.S. Realty Capital arranged $20.65 million in construction and permanent loans for two hotels and a retail development in NY and TX. Rob Pisanelli of U.S. Realty Capital negotiated the following: * A $1.2 million construction and permanent loan for a new 6,000 s/f Mavis Discount Tire to be developed in Canandaigua. Mavis Discount Tire is a leading dealer of discount tires operating over 130 stores throughout NY, CT, MA and PA. The loan was placed with a regional bank at 80% loan-to-value. * A $14.35 million permanent loan for a 113-room Holiday Inn in Houston, TX. The non-recourse loan was sized at 70% loan-to-value, 10 year term and amortized over 25 years. * A $5.1 million permanent mortgage was obtained for a 62-room Hampton Inn in Rockwall, TX. The loan was arranged with a CMBS lender with an interest rate fixed for 10 years with a 25-year amortization schedule.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

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GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

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Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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