New York

Brookfield lines up $750m loan extension for Manhattan office

The Toronto-based manager secured the refinancing package from Morgan Stanley among other lenders.

Blue Light Capital launches credit division to target mid-market lending gaps

The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.

APF Properties faces potential foreclosure after New York office loan default

The New York-based sponsor defaulted on a $70m CMBS loan on 25 West 45th Street, a historic office building near Grand Central.

A&E Real Estate rolls out inaugural debt financing platform 

Joseph Fingerman, a former executive at Signature Bank, will lead the business.

Yellowstone buys defaulted CMBS loan on New York’s 1740 Broadway

The transaction could lead to an office-to-residential conversion for the Midtown office tower.

New York nonprofit seeks to expand minority developer finance platform

The nonprofit finance company aims to fund affordable housing by providing financing and training to help minority-owned real estate developers expand.

L&L’s $911m Park Avenue office refinancing shows strength of trophy market

Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets.

L&L completes $911m refinancing for New York’s 425 Park Ave

The roughly 670,000-sq-ft trophy office is about 90% leased.

Kriss Capital originates $185m loan for Midtown condo financing

The JLL-arranged deal will retire existing debt for Navigation Capital Partners ahead of sales efforts.

Scale Lending originates $150m construction completion loan for Bronx project

The Slate Property Group lending arm has ramped up construction completion lending with increased demand for development capital.