Northeast

Hudson Bay originates $238m refi for Hudson River mixed-use project

The Connecticut-based lender is helping recapitalize a 70-acre mixed-use community in Sleepy Hollow on behalf of King Street Capital Management and Biddle Real Estate Ventures.

Clarion hires Pristaw as president

Josh Pristaw will take the helm of Clarion Partners, joining from Pretium.

CDPQ originates $331m construction loan for Tishman Speyer Jersey City development

The project is the second phase of a waterfront residential development the sponsor planned in Jersey City.

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Affinius, Siguler Guff originate $212m refi for Boston multifamily complex

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.