Draper & Kramer Commercial Finance Group, Chicago, arranged a $54 million loan on behalf of Vinayaka Hospitality for the acquisition of the Westin Michigan Avenue.
Tag: Dealmaker
Dealmaker: Dwight Capital, Dwight Mortgage Trust Finance $272M in Multiple Transactions
Dwight Capital, New York, and its affiliate REIT, Dwight Mortgage Trust, financed $272 million in real estate transactions in October.
Dealmaker: Merchants Capital Secures $152M for Affordable Development in Columbus, Ohio
Merchants Capital, Carmel, Ind., secured $152.3 million in total financing for a 315-unit affordable housing community underway in Columbus, Ohio.
Dealmaker: Eastern Union Arranges $34M in Financing Toward Brooklyn Medical Office Acquisition
Eastern Union, Howell, N.J., secured a $33.8 million loan to help finance the purchase of a medical office building in the Borough Park neighborhood of Brooklyn, N.Y.
Dealmaker: M&T Realty Capital Corp. Provides $23M Cash-Out Refinance in Pennsylvania
M&T Realty Capital Corp., Baltimore, announced the closing of a $23.2 million Freddie Mac floating-rate refinance for DLP Kutztown, an apartment community in Maxatawny Township in eastern Pennsylvania.
Dealmaker: JLL Arranges $1.2B Refinancing of Dallas Shopping Destination
JLL’s Capital Markets Group arranged a $1.2 billion refinancing package for NorthPark Center, a Class A super-regional shopping center in Dallas.
Dealmaker: Walker & Dunlop Arranges $146M to Refinance Southern California Apartments
Walker & Dunlop, Bethesda, Md., arranged $145.75 million in refinancing volume and preferred equity for a Southern California multifamily property.
Dealmaker: M&T RCC Provides $76.2M for Portfolio in Four States
M&T Realty Capital Corp., Baltimore, closed a $76.2 million bridge loan for the GoodHomes Portfolio, encompassing five properties in four locations–Detroit; Fayetteville, N.C.; Groton, Conn.; and Warwick, R.I.
Dealmaker: Merchants Capital Secures $35.1M for Historic Adaptive Reuse Development
Merchants Capital, Carmel, Ind., announced that it secured $35.1 million in tax credit equity financing for the historic adaptive reuse of an affordable multifamily housing development in Columbus, Ohio.
Dealmaker: CBRE Arranges Sale of Affordable Portfolio in Connecticut for $39.8M
CBRE, Dallas, announced the sale of Kimberly Place in Danbury, Conn., and One Leonard in Norwalk, Conn., for $39.8 million.