Featured Transactions
Cooperative Underlying Mortgages
$4,250,000 in new financing for 4-building, 240-unit cooperative community in Jackson Heights, Queens $23,000,000 in new financing for landmarked, Art Deco, 32-story, Brooklyn Heights cooperative $27 million underlying mortgage and revolving credit facility for a 480-unit, 23-building, garden apartment complex in Bayside, Queens $4,300,000 credit facility for an oceanfront cooperative community, situated on more than 8 acres of prime property in Amagansett, Long Island $25,000,000 credit facility for a full-service, luxury cooperative building on Manhattan’s Upper East Side $6 million in new financing for this 228-unit, six-story, three-building cooperative located on 2.85 acres in Flushing, Queens $3,250,000, 2.95% underlying mortgage and credit facility for a fifteen-story cooperative building on Manhattan’s Upper West Side $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
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