JLL’s Capital Markets group arranged a $370 million refinancing for Society Brooklyn, a 517-unit, two-tower property along the Gowanus Canal in Brooklyn’s Gowanus neighborhood.
Tag: Dealmaker
Dealmaker: Newmark Arranges $172.5M in Acquisition Financing for Florida Hotel
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.
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: Greystone Provides $115M Freddie Mac Financing for Illinois Multifamily
Greystone, New York, provided a $115 million Freddie Mac loan to refinance Courtlands on the Park, a multifamily community in Des Plaines, Ill.
Dealmaker: Walker & Dunlop Arranges $46.5M for San Antonio Refinance
Walker & Dunlop, Bethesda, Md., arranged $46.5 million to refinance a recently completed multifamily complex in San Antonio.
Dealmaker: Pace Loan Group Secures $36M for New Jersey Water Park
Pace Loan Group, Minneapolis, secured a $45.5 million Commercial Property Assessed Clean Energy loan to recapitalize Island Waterpark at Showboat in Atlantic City, N.J.
Dealmaker: Newmark Arranges $690M for Refinancing of Sun Belt Multifamily Portfolio
Newmark, Washington, D.C., arranged a $690 million loan to refinance 13 multifamily properties across Sun Belt states
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: M&T RCC Provides $55.7M Bridge Loan for Converted Pittsburgh Apartments
M&T Realty Capital Corp., Baltimore, provided a $55.7 million bridge loan for a newly redeveloped office-to-residential conversion project in downtown Pittsburgh.
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.