Friday, April 19, 2024

Tag: New York

New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls.

Elm Estates

$23.2 million in refinancing secured for a multihousing community near Albany

JLL Capital Markets announced that it has arranged a $23.2 million refinancing for Elm Estates, a 197-unit multihousing community located near Albany in Selkirk,...
57 Caton Place

Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...

Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment...
Excelsior Hotel

Berkadia secures $84 million in stretch senior financing for hotel-to-multifamily conversion on Manhattan’s Upper...

Berkadia announces it has secured stretch senior financing for developer Emmut Properties’ acquisition of Excelsior Hotel, a century-old landmark hotel on Manhattan’s Upper West...
247 North 7th St

Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn

JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N....
Southpoint at Massapequa

Long Island multihousing community sells

JLL Capital Markets announced that it has closed the sale of Southpoint at Massapequa, a 214-unit, luxury, multihousing community located in Massapequa, New York. JLL represented...
2651-2657 Broadway

Avison Young brokers $15.5 million sale of 2651-2657 Broadway

Avison Young’s New York office announced that it has arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and...
Metro West 130

$136 million trade of Class A multihousing portfolio on Long Island closes

JLL Capital Markets announced that it has closed the $136 million sale of a multihousing portfolio consisting of two Class A communities totaling 316-units in...
The Kent House

Prophet Capital sells $88 million note on The Kent House in Williamsburg to Invictus...

JLL Capital Markets announced that it has arranged the sale of an $88 million non-performing loan secured by The Kent House, a new mixed-use...
The Vistas of Port Jefferson

Marcus & Millichap brokers $118 million multifamily asset sale in Long Island

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
Bay Shore Residences

Long Island residential project capitalized for $173 million

JLL Capital Markets announced that it has arranged $55 million in joint venture equity and $113 million in construction financing for the development of...
One Boerum Place

Avery Hall’s One Boerum Place recapitalized for $176.45 million

JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum...
50-58 East Third St

GAIA Real Estate secures acquisition financing for East Village housing portfolio

JLL Capital Markets announced it has arranged $36 million in financing for the acquisition of three rental residential properties with a total of 71...
Ilir “Eli” Necaj

Trez Capital hires Ilir “Eli” Necaj as Vice President for New York Office

Trez Capital is pleased to announce that Ilir “Eli” Necaj has joined the company as vice president of origination and capital markets as part...
Avalon Glen Cove

FCP provides preferred equity to Fairfield Properties for acquisition of multifamily community in Glen...

FCP announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of a residential community currently known as Avalon Glen...
202 East 23rd St Gramercy

$56 million construction financing secured for Manhattan multihousing property

JLL Capital Markets announced it has secured $56 million in construction financing for the development of 202 E. 23rd St., a mixed-use, passive house...

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