Citigroup Provides $27M Loan to Refinance Brooklyn Resi Portfolio
A joint venture of The Mann Group and True North Management has recapitalize a nine-asset portfolio of residential buildings across Brooklyn
Source: commercialobserver.com
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Report: With High Rates and No Supply, Retail's the New Darling of CRE Finance – Commercial Observer
JLL Capital Markets found a supply crunch in retail has pushed rents up and made retail properties a popular lynchpin of capital markets
Source: commercialobserver.com
JLL arranges $290M refinancing for Bergen Town Center
JLL secured $290 million refinancing for the 1 million-square-foot Bergen Town Center shopping center in Paramus, anchored by Whole Foods.
Source: njbiz.com
LEX 47TH Closes $156m Construction Loan for Luxury Manhattan Condominium
Lex 47th Property Owner LLC has secured financing for its luxury condominium development at 131-141 East 47th Street in Manhattan. Affiliates of Fortress Investment Group provided the $156 million loan, which closed on May 16, 2022, on the heels of the project’s recent topping off milestone. The construction loan retired a $50...
Source: rew-online.com