When eyeing new construction in the senior housing market, it takes more than positive supply and demand characteristics for borrowers to get the green light on financing from lenders. Even with favorable demand, demographics and experience in new construction — whether in senior housing or Read More »
Holliday Fenoglio Fowler, Houston, arranged $341.6 million in construction financing for a Manhattan mixed-use property and a Tustin, Calif. creative office campus
In New York, HFF secured $200 million in pre-development financing for 520 Fifth Avenue, a to-be-built mixed-use property. Managing Director Christopher Peck and Senior Managing Director David Nackoul represented a joint venture between Ceruzzi Holdings LLC, New York, and SMI USA, New York, to…
Another artsy Miami garage is rising in the form of the Wynwood Garage, with Holliday Holliday Fenoglio Fowler, L.P. announcing it has secured the $22 million in construction financing on behalf of developer Goldman Properties.
HFF arranged a construction loan for the development of CityPlace 2, a 10-story, 327,000-square-foot office building in Spring, TX slated to deliver in 2018. CityPlace 2 is is already pre-leased to…
Hard money construction financing provided by Anchor Loans helped to make these stunning before and after transformations possible.
CHICAGO, April 13, 2017 /PRNewswire/ -- Chicago-based Golub & Company, an international real estate investment...
Greystar has obtained a $99.89 million construction loan for the development of the Arts District AMP Lofts residential project in Los Angeles. CIT's...
Upon completion in late 2018, 727 West Madison will feature 492 units
CHICAGO — Fifield Cos. and F & F Realty, in a joint venture equity partnership with Ares Management LP, has received $117.8 million in construction financing for the development of 727 West Madison, a 46-story apartment project in Chicago’s West Loop. Upon completion in late 2018, the project will comprise 492 apartment units averaging…
Liberty Place will feature 53 apartment units, 67 garage parking spaces, a fitness center and a 2,000-square-foot roof deck
QUINCY, MASS. — CBRE/New England’s Multifamily Debt & Structured Finance group has arranged $14 million in construction financing for Liberty Place in Quincy. BP Liberty LLC, an affiliate of Boston Property Development, is developing a 53-unit apartment community, which has already broken ground. Located at 999 Hancock…
Developed by The Grossman Companies and Waypoint Cos., the new multifamily complex will bring 80 studio, one-, two- and three-bedroom apartments to Boston’s Allston neighborhood
BOSTON — EagleBridge Capital has arranged $20.5 million in construction/permanent financing for an apartment complex located at 61-83 Braintree St. in Boston’s Allston neighborhood. The borrower is a joint venture between The Grossman Companies and Waypoint Cos. The apartment building will…
Q: What are your predictions for construction lending going forward
A: In the Fall of 2019 I attended the Crittenden Commercial Real Estate Finance conference in Miami. One statistic stood head and shoulders above the rest: NYC is the largest construction market in the USA and 4 of the top 5 construction lenders in NYC are debt funds, not banks. Let that marinate for a moment. What this means to me is that banks have been over-regulated out of the construction lending business.…
After securing construction financing, where will the Valley's two new self-storage facilities set up shop and what will each look like?
Developers of the Silver Rose property announced they secured $165 million in construction financing for the resort and private resident luxury project now slated to open in early 2019.
Los Angeles Business Journal
Cadiz Valley
With the Trump administration soon likely to approve its long-sought desert water storage and transmission project, Cadiz Inc. announced Tuesday it has arranged up to $255 million in construction financing from giant private equity firm Apollo Global Management
Cadiz signed agreements with several funds managed by Apollo affiliates that will provide an immediate injection of $60 million, including $45 million…
The mixed-use property will be located at 151 E. 85th St. in Manhattan
NEW YORK CITY — HFF has arranged $290 million in financing for the development of 151 E. 86th St., a mixed-use residential and retail project in Manhattan’s Upper East Side neighborhood. HFF worked on behalf of the developer, a joint venture between Ceruzzi Holdings and Kuafu Properties, to secure the construction loan with…
PISCATAWAY, N.J. — HFF has arranged $22 million in construction financing for 2 Turner Place, a to-be-built speculative warehouse and distribution building in Piscataway. A joint venture partnership between F. Greek Development and LaSalle Investment Management is the borrower. Michael Klein of HFF secured the three-year construction loan with TIAA-CREF Trust Co. FSB, known as TIAA Direct, for the borrower. Situated on 63.9 acres, the 451,800-square-foot…
Banks, debt funds and life insurance companies are willing to lend on retail projects, but the projects needs all the “bells and whistles.”
Orange Village, Ohio — HFF has secured $142 million in financing for the development of Pinecrest, a 650,000-square-foot mixed-use development located...
There is no shortage of quaint, older homes in the Midlands. But some families need something a little more custom to make their homebuying dreams come true. There's no better way to get exactly what you want than to have a home built especially for you. A construction loan is different than your standard mortgage in a few ways.
Owning a home is a great experience and one of the best investments you can make. Whether you are looking at your first home or your fourth home, you will have two options put in front of you… build or buy. The decision to build or buy is not an easy one and each has its own set of advantages and disadvantages that need to be carefully weighed against one other. If this is your first time