financing


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Smile! BDG nabs $125M refinancing at Harlem multifamily

Smile! BDG nabs $125M refinancing at Harlem multifamily

Blumenfeld Development Group has 125 million new reasons to smile after refinancing its multifamily mixed-use building in East Harlem....

Smile! BDG nabs $125M refinancing at Harlem multifamily
Ladder Capital CEO Brian Harris (Getty, Ladder Capital)
National

Nonbank CRE lenders expect bumper year

Pressure on nonbank lenders reached a fever pitch during the pandemic as large real-estate securities portfolios made the companies look vulnerable amid the industry’s virtual pause. Now, nonbank lenders are on pace for one...

Nonbank CRE lenders expect bumper year
From left: Sabey Corporation CEO John Sabey, National Real Estate Advisors CEO Jeffrey Kanne and 375 Pearl Street (Sabey, National Real Estate Advisors, Tdorante10/Wikimedia)

Sabey lands $250M refi for 375 Pearl Street

Sabey Corporation and National Real Estate Advisors secured a $250 million refinancing deal for the former Verizon office tower at 375 Pearl Street. Lenders Wells Fargo and JPMorgan provided a $220 million, 10-year, fixed-rate...

Sabey lands $250M refi for 375 Pearl Street
Sotheby’s CEO Charles Stewart and 1334 York Avenue (Sotheby's; Google Maps)

Sotheby’s gets $483M loan for its UES headquarters

Sotheby’s auction house is getting new financing on its home. Barclays just closed on a $483 million, five-year, floating-rate...

Sotheby’s gets $483M loan for its UES headquarters
Cyril Berdugo and Tom Petit (Credit: Landis)
National

Proptech startup Landis inks deal to turn renters into buyers

Landis, a startup that uses technology to boost homeownership, has inked a deal with Transcendent Investment Management, a major...

Proptech startup Landis inks deal to turn renters into buyers

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