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Share this article Share this article NEW YORK, May 6, 2021 /PRNewswire/ Asland Capital Partners, Cedar Realty Trust (NYSE: CDR) and the Goldman Sachs Urban Investment Group announced the formation of a joint venture for the construction of the first phase of Northeast Heights, a mixed-use office and retail development in the Minnesota/Benning submarket of Washington D.C. s Ward 7 neighborhood. The partnership also announced it has secured $105 million in construction financing from J.P. Morgan. The first phase of Northeast Heights is a 258,500 square foot six-story commercial building. The office space is 100% leased to the Washington, D.C., Department of General Services (DGS) for its headquarters. The building includes 18,000 square feet of street-level retail. Cedar Realty Trust and Asland Capital Partners are co-developing the property while the Goldman Sachs Urban Investment Group is serving as a strategic capital partner. Trammell Crow Company, one of th ....
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Mortgage Business Bluestone partners with NRL club By Reporter 09 April 2021 The non-bank lender has signed on as the official home loan partner of the Penrith Panthers for the next three years. Bluestone Home Loans has signed on as national rugby league club Penrith Panthers’ official home loan partner for the next three years, the club announced. Panthers’ head of partnerships Jeremy Tuite said that there would be a range of initiatives under the partnership to assist members of the club and fans “understand more about home loans and to help them realise the dream of owning their own home”. Commenting further, Mr Tuite said: “We’re very excited to welcome Bluestone Home Loans to the club’s corporate network. ....