Category: Finance
Rosenberg & Estis, P.C. advises The Durst Organization on $1.3 billion financing of One Five One Tim...
October 14, 2025
Manhattan, NY Rosenberg & Estis, P.C. represented The Durst Organization in the structuring and closing of a $1.3 billion commercial mortgage-backed securities (CMBS) financing secured by One Five One, the 48-story, Class A, LEED Gold certified, 1.8 million s/f
Cronheim Hotel Capital secures $12.805 million for acquisition of Sonesta portfolio at Allentown Bet...
October 14, 2025
Allentown, PA Cronheim Hotel Capital (CHC) has secured $12.8 million from a conventional bank lender for the acquisition and renovation of the Sonesta Select and Sonesta ES. The 68% LTC, 5-year floating rate loan financing features
Texas A&M breaks ground on Aplin Center
October 14, 2025
Bryan-College Station, TX Hundreds gathered Friday on the campus of Texas A&M University to celebrate the groundbreaking of what will become an immersive, hands-on learning hub that will also serve as a campus visitor center
Cohen of Leviathan Capital arranges $1.6 million construction loan
October 14, 2025
Queens, NY According to Leviathan Capital, Peter Cohen has closed a $1.6 million construction loan. The proceeds will be used to develop two industrial warehouses located in the Astoria neighborhood.
Yonkers IDA approves financial
incentives for $36.1 million senior housing
September 30, 2025
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted final approval at its August 13 meeting of financial incentives for a $36.1 million affordable senior housing development located at 221-223 Buena Vista Ave. The nine-story building would feature 94 units comprised of
Cronheim Mortgage secures $10.3 million
for YoHo Lofts and Nepperhan Pl.
September 30, 2025
Yonkers, NY Cronheim Mortgage has secured $10.3 million to refinance a mixed-use portfolio. The transaction refinanced the existing debt on Nepperhan Pl., a mixed-use building with office and retail tenants as well as YoHo Lofts, a multi-story industrial loft building that has been converted
Avdoo secures $47 million construction loan
from Valley National Bank for 110 Boerum Pl.
September 30, 2025
Brooklyn, NY Avdoo closed on a $47 million construction loan for 110 Boerum Pl., the firm’s newest residential development in Cobble Hill. The financing, provided by Valley National Bank, represents a milestone as the project continues to progress on this
Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development...
September 30, 2025
Manhattan, NY Merchants Capital secured $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Housing, a 384-unit historic, mixed-use affordable artist housing development. Westbeth Artists Housing is one of the oldest and largest affordable artist
Orange Bank & Trust Company opens office at 3485 E. Tremont Ave.
September 30, 2025
Bronx, NY Orange Bank & Trust Company has opened a full-service office at 3485 E. Tremont Ave. in the Throggs Neck BID, marking the bank’s second location in the borough. The new office signifies the bank’s growth over the last several years and will support its
Arrow Real Estate Advisors secures $12.1 million Freddie Mac loan for multifamily property
September 30, 2025
Bronx, NY Arrow Real Estate Advisors closed on a $12.091 million Freddie Mac loan for multifamily property at 3030 Middletown Rd. Arrow Real Estate Advisors’ Eli Serebrowski, senior director, and Meir Schlusselberg, vice president, arranged the financing on behalf of client
$340 million refinancing secured for 50 & 70 Columbus in Jersey City
September 30, 2025
Jersey City, NJ JLL Capital Markets, in conjunction with BlueGate Partners LLC, has arranged a $340 million refinancing for 50 & 70 Columbus, a 938-unit mixed-use property.
Cronheim Hotel Capital secures $19.5 million for acquisition of Home2 Suites
September 9, 2025
Wayne, NJ Cronheim Hotel Capital (CHC) has secured $19.5 million for the acquisition of the Home2 Suites by Spark GHC. The five-year loan offers attractive leverage, a floating rate that will decline
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