Newmark, New York, arranged $172.5 million in acquisition financing on behalf of Related Ross for a luxury lifestyle hotel in West Palm Beach, Fla.
Tag: Dealmaker
Dealmaker: Merchants Capital Secures $26.3M for NYC Senior Housing Conversion
Merchants Capital, Carmel, Ind., announced $26.3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex–Three Arts Club–will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion.
Dealmaker: Merchants Capital Secures $26.3M for NYC Senior Housing Conversion
Merchants Capital, Carmel, Ind., announced $26.3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex–Three Arts Club–will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion.
Dealmaker: BWE Secures $67M for Colorado Commercial Properties
BWE, Cleveland, secured a combined $67.1 million in financing for five retail, industrial and office properties across Colorado.
Dealmaker: Mesa West Capital Originates $27M for San Francisco Industrial Property
Mesa West Capital, Los Angeles, provided Lift Partners with $26.9 million in first mortgage debt for the sale-leaseback of 100 Utah Avenue, a 117,500-square-foot industrial building in South San Francisco.
Dealmaker: PACE Loan Group Closes $32M C-PACE Loan for Florida Hotel
PACE Loan Group, Minneapolis, closed a $32.15 million C-PACE loan for a new 274-room Hyatt House hotel in Orlando, Fla.
Dealmaker: Dwight Mortgage Trust Finances $88M for Southeast Apartment Communities
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, New York, closed a pair of five-year, fixed-rate financings totaling $88.4 million for three multifamily communities in Alabama and North Carolina.
Dealmaker: Greystone Arranges $250M for Brooklyn Mixed-Income Development
Greystone, New York, arranged $250 million in bridge financing for a newly delivered 456-unit mixed-income development in Brooklyn.
Dealmaker: Newmark Arranges $113M for San Fernando Valley Mixed-Use Asset
Newmark, Washington, D.C., arranged $113 million in financing for a mixed-use campus in Los Angeles’ San Fernando Valley.
Dealmaker: Cushman & Wakefield Secures $88M for Connecticut Development
Cushman & Wakefield, New York, arranged an $88 million construction loan on behalf of Lonicera Partners, Nimbus Properties and Benedict Capital for the development of a luxury residential community in Greenwich, Conn.