3+ day, 13+ hour ago   (241+ words) A Brooklyn developer got a higher calling for its latest multifamily project. David Grunfeld, through the entity GW Infinity, has landed $45 million of construction financing to build a 99-unit apartment building with an affordable housing component at a church-affiliated site…...

3+ day, 15+ hour ago   (248+ words) A Boston development firm’s plan for a multifamily project in suburban Boston is proving dino-mite. Dinosaur Capital Partners has landed $48 million of construction financing to build a multifamily property in Lexington, Mass., Commercial Observer has learned. Affinius Capital and Axonic…...

4+ day, 10+ hour ago   (200+ words) Slate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. Prime Finance provided the loan for Slate’s portfolio at 229 West 20th Street, 300 West 21st Street and 301 West 22nd Street, which combined feature…...

4+ day, 15+ hour ago   (140+ words) GR Properties USA has sealed $62 million of bridge debt to refinance a newly developed multifamily project in suburban Los Angeles, Commercial Observer has learned. Dwight Investment Management, an affiliate of Dwight Capital, closed the loan for the 139-unit Lana property…...

5+ day, 10+ hour ago   (166+ words) Investec Real Estate Companies has secured $53.5 million to refinance a portfolio of three self-storage assets in Central and Southern California that span 253,496 rentable square feet and hold 1,818 units, according to a release. New York Life provided the debt, structured as…...

5+ day, 10+ hour ago   (176+ words) A joint venture among East West Partners, CBC Real Estate and Affinius Capital has secured $141 million to refinance a 535,000-square foot office campus in Raleigh, N.C., that serves as the global headquarters of Bandwidth, a publicly traded technology firm. Mizukovski, a…...

5+ day, 10+ hour ago   (329+ words) The increased utilization of Commercial Property Assessed Clean Energy (C-PACE) debt for conversion projects has reached new heights with Cleveland’s fifth-tallest building. ErieView Development has secured a $93.4 million C-PACE loan from Nuveen Green Capital (NGC) to transform the former Erieview…...

1+ week, 2+ day ago   (230+ words) Clipper Equity’s hopes have been realized in the sale of a luxury rental building at 130 Hope Street in Williamsburg, Brooklyn, Commercial Observer has learned. Clipper sold the 150-unit building — which it completed in 2023 and dubbed Casa Hope — to New York…...

1+ week, 2+ day ago   (117+ words) The owners of a 301,000-square-foot Class A office property in Los Angeles’ South Bay have secured refinancing for the property. Newmark’s Jordan Roeschlaub, Nick Scribani and Chris Lozinak arranged the debt. The property was built in 1988. Related and Cruzan acquired…...

1+ week, 4+ day ago   (224+ words) The demand for apartments across the Hudson River keeps rising. Namdar Group has landed $310 million of construction financing to build a 47-story multifamily tower in Jersey City, N.J., Commercial Observer has learned. Affinius Capital originated the loan for Namdar’s 1,049-unit Park…...