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JV closes on $60M in financing for BX affordable dev

A joint venture of PRC and Camber Property Group last week closed on financing for the construction of a 163-unit affordable housing development at 975 Tiffany Avenue in the Bronx’s Longwood neighborhoo.....»»

Category: realestateSource: realestateweeklyJul 18th, 2018

KRE closes $258M finance deal for Jersey City development

KRE Group and National Real Estate Advisor have closed on $258 million in financing for the construction of Tower Two at Journal Square.....»»

Category: realestateSource: realestateweeklyJan 29th, 2019

Rockrose closes on $350M refinance of LIC tower

Rockrose Developer has refinanced its Eagle Lofts development in Loing Island City with a $350 million loan from Well Fargo. The financing replaces the $255 million loan the developer had.....»»

Category: realestateSource: realestateweeklyApr 28th, 2020

4-hotel Disney project secures financing

A four-hotel development planned for Disney's Flamingo Crossings mixed-use property is ready to hit the next stage. The project, being overseen by Huntsville, Alabama-based Doradus Partner, secured its $140 million construction loan through Dallas-bas.....»»

Category: topSource: bizjournalsFeb 11th, 2020

L&M bags$179M to build three affordable Brooklyn properties

L+M Development Partners closed on financing for the construction of three new buildings as part of the Marcus Garvey Extension Project, a 100 percent affordable and supportive housing co.....»»

Category: realestateSource: realestateweeklyDec 24th, 2019

JPI to open first development in Uptown Dallas in more than 10 years

JPI announced the close of construction financing for a new Class A development in Uptown Dallas last week.  The property, located near the corner of US-75 and Haskell Drive, will be JPI’s first community to be built in Uptown Dallas in more t.....»»

Category: topSource: bizjournalsDec 17th, 2019

Monster development pitched at downtown roundabout

The status of financing for the project was not immediately clear. For perspective, just the proposed office portion of the project would cost well beyond $400 million at today's construction prices, which continue to rise......»»

Category: topSource: bizjournalsDec 9th, 2019

McBride Homes closes on property for $27M development on The Hill

The homebuilder said Monday it plans to immediately start construction on the development and expects display homes and a sales office to open in the spring......»»

Category: topSource: bizjournalsNov 18th, 2019

Staybridge Suites development gets MRC support

Marcus & Millichap Capital Corp. arranged $46 million in construction financing for a Staybridge Suites located at 38-61 11th Street in Long Island City, Queens. The construction financing was originated by Gary Sefcik, Iona .....»»

Category: realestateSource: realestateweeklyNov 13th, 2019

C&W team arranges $450M construction loan for WestBank

Cushman & Wakefield served as the exclusive advisor to Westbank in the procurement of $450 million in construction financing for the development of First Light, a mixed-use property consisting of lu.....»»

Category: realestateSource: realestateweeklyOct 30th, 2019

Opportunity Fund reaches PEEK in the City of Orange

PEEK Development (PEEK) has concluded its initial fundraising round for two Qualified Opportunity Fund (QOF) projects in the pre-construction phase in the City of Orange. PEEK Reock I QOF, LLC and PEEK Reock II QOF, LLC are slated to break ground.....»»

Category: realestateSource: realestateweeklyAug 28th, 2019

JV closes on $223M to build nation’s largest passive property

L+M Development Partners, Jonathan Rose Companies and Acacia Network announced the closing of $223 million in financing for phase one of Sendero Verde, a 100 percent affordable mixed-use development in East Harlem. Across all phases, the project w.....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

$140M loan will pave way for two South Bronx towers

S3 Capital Partners, a private lender in New York, has originated a $140 million construction loan for Chess Builders and its new development at 210 East 135th Street in the South Bronx. The financing will drive the construction.....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

Apartment developer Lonicera lands $70M construction loan

JLL Capital Markets experts have arranged $70 million in acquisition and construction financing for Lonicera Partners’ new luxury apartment development in Downtown.....»»

Category: realestateSource: realestateweeklyJun 21st, 2019

Partners land $95M financing for new Robert Stern-designed luxury condo

Midwood Investment & Development and EJS Real Estate have secured a $95 million construction loan from Bank OZK to .....»»

Category: realestateSource: realestateweeklyApr 17th, 2019

Wacker Drive office development along Chicago River lands $665 million in construction financing

Wacker Drive’s next trophy office tower has .....»»

Category: topSource: chicagotribuneMay 14th, 2018

$28M construction loan secured for uptown hotel

Construction financing has been secured for a new hotel in uptown Charlotte. A $28 million construction loan has been arranged for a joint venture that's building a 176-room Even Hotel at the Stonewall Station mixed-use development. Georgia develope.....»»

Category: topSource: bizjournalsJul 9th, 2018

HFF announces $324M construction financing for Arsenal Yards development

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 16th, 2018

Mortgage REITs Post Record Loan Origination Activity

Blackstone Mortgage provided $1.8 billion construction financing the Spiral, Tishman Speyer's $3.6 billion office development in the Hudson Yards market in New York City. The cost loan will be supported.....»»

Category: smallbizSource: nytAug 2nd, 2018

Extell Development Closes $530M in Financing for Downtown Brooklyn Luxury Condos

Extell Development Company, known for its work building so.....»»

Category: dealsSource: nytAug 3rd, 2018