Featured Transactions
Cooperative Underlying Mortgages
$5,300,000 million underlying mortgage for a six-story cooperative building in New Rochelle, NY $10 million underlying mortgage in Flushing, Queens $16 million credit facility for a 21-story, 153-unit cooperative building on Manhattan’s Upper East Side $30 million underlying mortgage for 20-story, 275-unit cooperative in Midtown Manhattan $10,800,000 underlying mortgage for an Upper West Side cooperative $6,000,000 underlying mortgage for a 47-unit luxury Upper West Side cooperative $29,000,000 underlying mortgage for a 30-story, 171-unit cooperative in Fort Lee, NJ $20,000,000 – underlying mortgage for a 150-unit Upper East Side cooperative $14,000,000 underlying mortgage for a 306-unit, 24-story Historic Art Deco Cooperative on Manhattan’s Upper West Side $13,000,000 underlying mortgage for a 24-story, 563-unit cooperative in Forest Hills, Queens
Development / Construction
$45,000,000 development loan for the ground-up construction of a residential condominium in Greenwich Village $38,373,183 construction loan for the development of an ultra-high-end boutique luxury condominium project in TriBeCa $13,253,000 for the acquisition and ground-up development of a 31-unit condominium in Clinton Hill, Brooklyn, NY $28,286,710 in debt and equity financing for the acquisition and development of large, luxury condominium units with indoor parking on Leonard Street in TriBeCa
Apartment Buildings / Multifamily / Mixed-Use Properties
Full term 10-year, interest-only loan for 63-unit apartment building on NYC’s Central Park North $16,000,000 to refinance a unique 13-building , non-profit, adaptive re-use rental property in Greenwich Village, NYC. Loan proceeds will be used for renovations and improvements $26,527,00 Permanent loan for a 260-unit luxury apartment property in downtown Little Rock, AR. 35 Years fixed