JEMB’s Herald Towers Secures NYC’s First Multifamily C-PACE Financing

JEMB’s Herald Towers Secures NYC’s First Multifamily C-PACE Financing

North Bridge ESG LLC, a leading provider of real estate credit solutions, closed on $8.5 million in C-PACEfinancing to support infrastructure upgrades at Herald Towers, a three-tower apartment complex located at 50... Read more »
Hesperia Industrial Secures First Lien Construction Financing

Hesperia Industrial Secures First Lien Construction Financing

JLL Capital Markets arranged $33.8 million in first lien construction financing for 10400 Amargosa Rd., a to-be-built, Class A industrial facility in Hesperia. The Covington Group will develop the project on behalf of owner/user... Read more »
Newmark Secures M in Financing for DC Residential Conversion

Newmark Secures $64M in Financing for DC Residential Conversion

Newmark has arranged $64 million in permanent financing for Elle, a newly reimagined high-rise residential development located in Washington, D.C.’s Golden Triangle. Newmark Vice Chairman Brian Kochan, Director John Chobanian and Associate... Read more »
Berkadia Secures JV Equity for Final Phase of Fremont Rentals

Berkadia Secures JV Equity for Final Phase of Fremont Rentals

Berkadia secured a joint venture equity partner on behalf of an institutional client for the development of the 336-unit Aurum, the final phase of a 966-unit multifamily development adjacent to the Warm... Read more »
How a trust spine secures master-planned community reputation

How a trust spine secures master-planned community reputation

Master-planned communities ask a lot of buyers’ confidence. You are selling a place that will change for a decade or more—builders rotating in and out, amenities arriving in phases, schools and streetscapes... Read more »
Landau Properties Secures Site, Financing for Brooklyn Heights Mixed-Use

Landau Properties Secures Site, Financing for Brooklyn Heights Mixed-Use

Landau Properties, in partnership with the Mizrachi family’s Third Millennium Group and Midtown Equities, has closed on the purchase of 205 Montague St. in Brooklyn Heights. As part of its pre-development financing for the ground-up mixed-use project,... Read more »
Hollywood Park’s Kali Hotel Secures 5M Financing

Hollywood Park’s Kali Hotel Secures $195M Financing

CommLoan has structured $195 million in financing with Bank of America for the Kali Hotel at E. Stanley Kroenke’s Hollywood Park in Inglewood. The luxury property is the only hotel permitted within the 300-acre mixed-use... Read more »
Alloy Secures 0M Permanent Financing for NYC’s First All-Electric Skyscraper

Alloy Secures $290M Permanent Financing for NYC’s First All-Electric Skyscraper

Alloy Development has secured $290 million in permanent financing for 505 State St., reportedly New York City’s first all-electric skyscraper, located at the intersection of State Street and Flatbush Avenue in Downtown Brooklyn.... Read more »
Alloy Secures 0M Permanent Financing for NYC’s First All-Electric Skyscraper

Majestic Realty Secures Second Full-Building Lease with Win.IT America

Majestic Realty Co. secured a long-term lease agreement with Win.IT America, Inc. for the 606,480-square-foot Building #5 at its 290-acre Grand Crossing South master-planned business center in City of Industry. The agreement marks the... Read more »
Priority Capital Secures 91% Loan-to-Cost for Granada Hills ED-1 Project

Priority Capital Secures 91% Loan-to-Cost for Granada Hills ED-1 Project

Priority Capital Advisory, a Los Angeles-based boutique debt and equity capital advisor, has secured $18 million in senior debt financing to construct 17188 Chatsworth, a 69-unit affordable multifamily community in Granada Hills.... Read more »