Cottonwood Group Provides $240 Million in | MultifamilyBiz.com
LOS ANGELES, CA - Cottonwood Group (
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LOS ANGELES, CA - Cottonwood Group (
/PRNewswire/ -- Cottonwood Group ("Cottonwood"), a private equity real estate investment firm, is pleased to announce it has lent $240 million in senior...
After a slow start, the developer has lined up new financing and brought in a high-powered marketing firm.
Parkview Financial has provided a $61 million loan to Chinese developer Hongkun USA to fund the predevelopment and entitlement process for a luxury, mixed-use project along New Jersey’s Gold Coast. Hongkun is developing a 282-unit property on the last developable parcel within the Port Imperial community, a $3 billion mixed-use, master-planned waterfront project that stretches two-and-a-half miles along the Hudson River and includes two Marriott-branded hotels. The Beijing-based developer paid nearly $75 million to acquire two sites within Port Imperial to build 1800 Avenue (rendering top) ...
Share Alexander Shing’s Cottonwood Group has formed a new $200 million investment platform with BCEG International Investment – US (BCEGI-US) to pursue real estate opportunities throughout the U.S. The partners are targeting ventures that require financing support, capital infusion and/or construction capabilities. Shing announced the move in a joint statement with Yan Xing, president of BCEGI-US, which is the investment arm of Beijing Construction Engineering Group. ALEX SHING “Cottonwood and BCEGI-US have maintained a strong working relationship for many years, and we’ve esta...