Saturday , December 14 2019
Home / Tag Archives: financing

Tag Archives: financing

TRANSACTIONS: GCP Capital Group arranges $66450000 of financing

GCP Capital Group has arranged mortgage financing in the aggregate amount of $66,450,000 for the following properties: • $25,000,000 for a five-story multifamily apartment building containing 80 units and 2 stores, located in Long Island City. Adam Brostovski, managing member, arranged the financing for this transaction. • $18,000,000 for a nine-story multifamily apartment …

Read More »

Deutsche Bank provided A&E $97M in financing for big Rego Park buy

AE Real Estate Holdings scored $97.5 million in refinancing from Deutsche Bank for its massive Rego Park portfolio, which was purchased together with development rights for $150 million. The financing covers the real estate, purchased for $129.5 million, along with development rights and other business interests that the family owns, …

Read More »

$50M Loan Helps Preserve 190 Affordable South End Units

Using its ability to offer low-cost, fixed-rate, long-term financing, the Massachusetts Housing Partnership has closed on a $50 million loan to community development corporation Inquilinos Boricuas en Acción (IBA) to preserve the affordability of Victoria Apartments. Built in 1982 and located in Boston’s expensive South End neighborhood, Victoria Apartments features …

Read More »

How to Find an Apartment Loan

Buying an apartment building isn’t the same as purchasing smaller investment properties. The payoff can be higher (assuming your investment goes well), but the risk may be higher as well — both for you and the lender.  On the plus side, a multifamily apartment building can have excellent income potential. …

Read More »

Hana Fin Underwrites $145 Mn Loan On Stalled NY Hotel Project

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptcy, as South Korean brokerage firms are venturing into value-add and opportunistic real estate projects beyond overpriced properties. The loan for the 96-room hotel development at 456 …

Read More »

Hana Fin Underwrites Stalled NY Hotel Project With $145 Mn Loan

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptcy, as South Korean brokerage firms are venturing into value-add and opportunistic real estate projects beyond overpriced properties. The loan for the 96-room hotel development at 456 …

Read More »