News: Finance

Ranieri of NorthMarq finances $5 million in combined second mtges.

Robert Ranieri, senior vice president and managing director of Capital Services in NorthMarq Capital, Inc.'s Greater Westchester NY/CT regional office arranged combined second mortgages of $5 million for 31-33 Carmine St. and 41-43 Carmine St. 31-34 Carmine St. is comprised of 20 multifamily units and three commercial units. 41-43 Carmine St. contains 35 multi-family units and four commercial units. Financing for both properties was based on a 5.4-year term with a 30-year amortization schedule and was arranged for the borrowers by NorthMarq through its seller-servicer relationship with Freddie Mac.
Tags: Finance
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Stream Realty Partners closes recapitalization of portfolio of seven industrial properties

Dallas, TX Stream Realty Partners has closed on the recapitalization of a portfolio of seven Class A industrial assets in Texas. The industrial properties were contributed to a continuation vehicle formed in partnership with a New York-based global
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