Category: Finance
Meridian Capital Group secures $5.5 million financing
June 16, 2020
Baltimore, MD Meridian Capital Group arranged $5.5 million in financing to refinance Printers Sq., a multifamily community, on behalf of Matt Teichman, founder of BCI Management LLC.
Real estate finance siblings launch BIPS Podcast
May 29, 2020
New York, NY Siblings Kimberly Zar Bloorian and Yaakov Zar have recently launched a new podcast titled BIPS, where prominent real estate lenders are interviewed to provide a peek into the lender landscape.
GCP Capital Group arranges eight deals totaling $82.15 million
May 19, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:
Uber Capital Grp. sources $11 million acquisition financing for Fountain Place shopping center
May 19, 2020
Logan, WV Uber Capital Group (UCG) has sourced an $11 million acquisition financing loan for the Fountain Place shopping center located at 89 Norman Morgan Blvd. The client was a private real estate investor
Mavashev and Onishchenko of Alpha Realty handle $18.5m bridge loan
May 19, 2020
Newark NJ According to Alpha Realty, its newly formed Private Capital Group has handled $18.5 million for an eight-building multifamily portfolio.
Black Bear Capital Partners arranges two loans totaling $69.4 million: Permanent financing secured f...
May 19, 2020
Bronx, NY According to Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, it has arranged $53.9 million in permanent financing on
C&W advises 34-22 Astoria Partners for $26.5m refinance
May 19, 2020
Queens, NY Cushman & Wakefield (C&W) served as the exclusive adviser to 34-22 Astoria Partners LLC, led by Theodore Kakoyiannis of Valyrian Capital, in the procurement of $26.5 million for the
ABS Altman Warwick closes $13.5 million loan
May 19, 2020
Manhattan, NY ABS Altman Warwick, a locally-based capital market advisory firm and division of ABS Partners Real Estate, has closed a $13.5 million loan for an office building located at 425-427 Madison Ave. in
Houlihan-Parnes Realtors place $29 million first mortgage on 222,637 s/f office condo
May 19, 2020
Bronx, NY James Houlihan, Bryan Houlihan, and Christie Houlihan of Houlihan-Parnes Realtors completed the placement of a $29 million first mortgage on the 222,637 s/f office condominium at 1775 Grand Concourse.
Lyons of Washington Trust arranges $13.5 million;
Placed for Commack CHI for 143-room Hampton In...
May 7, 2020
Commack, NY Washington Trust's Commercial Real Estate Group provided $13.5 million to Commack CHI, LLC, for the refinancing and property improvements of a 143-room Hampton Inn. Bethany Lyons, vice president of Washington Trust’s Commercial Real Estate Group...
Eastern Union helps business owners obtain Paycheck Protection Program Loans for phase two of federa...
May 3, 2020
Brooklyn NY The Small Business Administration-Paycheck Protection Program (SBA-PPP) loan program has run out of funds, but those funds are about to be replenished. Eastern Union, one of the country’s leading commercial real estate finance firms, has already helped thousands obtain SBA-PPP loan approvals over the past week.
COVID-19 1031 exchange deadline extensions - by Pamela Michaels
April 21, 2020
Real estate investors in NYC and the Northeast generally face a challenge like never before. How to buy real estate when we cannot leave our homes and when we are located in the center of a hotspot? For this reason, many real estate investors seeking tax deferral in
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