New York

Borrower profile: Muss Development narrows deals flow to stricter parameters 

There is a chance for well-capitalized companies which see opportunities to allocate to rescue capital for short-term investment opportunities.

Newmark arranges $535.8m acquisition loan for New York residential conversion

GFP Real Estate, Metro Loft Management and Rockwood Capital are set to buy the 22-story, 1.1 million-square-foot office at 25 Water Street.

Wells Fargo to expand New York area mid-market lending business

The bank has added a new platform, hiring a JPMorgan veteran as team co-leader.

Lendlease, Aware Super secure $360m construction financing

A four-bank syndicate arranged the loan for an 834-unit Brooklyn development.

Behind the loan: 1520 First Avenue

Harbor Group finances needed New York medical space.

Barings, Bank OZK fund $385m construction financing for Brooklyn multifamily project

Barings is providing $75m in mezzanine financing for the development of 470 Kent Street.

HGI provides $90m senior mezz loan for New York medical office development

The lender funded the loan on behalf of Extell Development, with additional financing from Rexmark and Pacific Western Bank.

Avison Young’s Singer on pulling the refinancing trigger

It is difficult for a borrower to determine if now is a good time to move ahead with refinancing, Singer believes.

Borrower view: Douglaston navigates challenging financing, development market

The developer is seeing the impact of the expiration of the 421a tax abatement program.

Borrower focus: Canvas Properties sees volatile market as a place to fill the funding gap

The firm is seeking situations in which it can provide rescue equity or make other investments is an extension of the firm’s existing business.