Stellar Gets $86M Refi on UWS Building With New Retail Structure
Stellar Management has picked up an $85.5 million loan from Germany’s Landesbank Hessen-Thüringen Girozentale to refinance an Upper West Side apartment building with a newly built retail component,...
View ArticleCapital One Refis Upper Manhattan Apartment Building With $46M HUD Loan
Fairstead has picked up a $46.4 million loan from Capital One to refinance an apartment building in Upper Manhattan, Commercial Observer can first report. The loan, on 680 St. Nicholas Avenue, was made...
View ArticleCapital One Builds NYC-Themed Tech Office in Flatiron
When Capital One nearly double the size of its office in the Flatiron District, it hired architecture firm Switzer Group to design an open-plan space for its tech team, with different kinds of meeting...
View ArticleSoho’s 622 Broadway Gets $63M Lifeco Financing
Yuco Management, a property company led by Raymond Yu, has pulled in a $63 million refinancing on a vintage mixed-use building it owns in the middle of Soho at 622 Broadway. The financing was announced...
View ArticleCapital One Lends $131M on RXR’s Latest Development in New Rochelle
RXR Realty has landed a $131.2 million construction loan for its mixed-use development at 26 South Division Street in New Rochelle, N.Y., Commercial Observer has learned. Capital One is the lead bank...
View ArticleCapital One Provides $33M Loan for Florida Affordable Housing Property
Capital One Multifamily Finance has provided $33.1 million in agency financing for Fairstead’s acquisition of Federation Sunrise, a multifamily property in Sunrise, Fla., Commercial Observer has...
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Washington D.C.’s 25 Most Powerful Real Estate Players in 2020
Painting the words “Black Lives Matter” on 16th Street in front of Lafayette Square could be described as the ultimate power move. Mayor Muriel Bowser has power. And she wields it. We’ve said before...
View ArticleCapital One Lends $92M on Delaware Multifamily Portfolio
Capital One Multifamily Finance has provided $92 million in debt to refinance a four-property multifamily portfolio in Delaware, Commercial Observer has learned. Meridian Capital Group’s Israel...
View ArticleCapital Ideas: CO Finance Forum Draws Expert Takes on Opportunities Amid COVID
The COVID-19 pandemic and the global crisis it helped create has “laid bare the pace of change,” Trimont Real Estate Advisors CEO Brian Ward said during a virtual panel discussion as part of Commercial...
View ArticleSun Belt, Mountain West Emerge As U.S. Investor Safe Havens During COVID
As the coronavirus continues to rock the biggest and most profitable cities in the country, investors and lenders alike are scouring secondary markets for safe havens — or investments that won’t lose...
View ArticleHarbor Group International Nabs $513M Agency Portfolio Refi From Capital One
Capital One has provided a $513 million Freddie Mac-backed debt package to Harbor Group International (HGI) to refinance a bundle of eight multifamily assets in the mid-Atlantic region that were part...
View ArticleCapital One Supplies $35M Refinance for Brooklyn Luxury Co-Op
Capital One has provided a $35 million Fannie Mae loan for the cash-out refinance of a Brooklyn waterfront luxury apartment complex, Commercial Observer has learned. The full-term interest-only 10-year...
View ArticleSomeraRoad’s $137M Industrial Acquisition Kicks Off New Investment Vertical
Capital One has provided $91 million to New York-based, private-equity real estate investment firm SomeraRoad to help facilitate its $137 million acquisition of a bundle of eight industrial properties,...
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CRE Playing Catch-Up On Diversity and Inclusion, CO Panelists Say
Commercial real estate firms are taking key steps to tackle diversity initiatives, but many more forward strides are needed in order to bring the industry up to the standards of other professional...
View ArticleNorth Patrick Affordable Housing Redevelopment in Alexandria Opens
Construction has finished on Lineage at North Patrick Street, a 52-unit affordable housing redevelopment in Alexandria, Va., and tenants began moving into the building this week. The property, owned by...
View ArticleMorgan Stanley Lends $95M for Manhattan Mixed-Use Asset
Laub Realty has nabbed $95 million in permanent financing to refinance a mixed-use Manhattan property on the Upper West Side, Commercial Observer can first report. Morgan Stanley supplied the 10-year,...
View ArticleMeridian Capital Group, Barings Launch NewPoint Real Estate Capital
Meridian Capital Group and Barings are starting the week with a bang. The partnership’s new lending platform, NewPoint Real Estate Capital, launches today, Commercial Observer has learned. The...
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Washington, D.C.’s 25 Most Powerful Real Estate Players in 2021
In about two weeks, the U.S. of A. will celebrate its 245th year of independence and its 156th year without an out-and-out civil war. Perhaps, more significantly, it will celebrate its independence...
View ArticleSunday Summary: Man, That’s Rank.
Just when we thought we were out, they pull us back in. We’re talking about the New York mayoral race, of course. Just when it seemed that Eric Adams had a commanding enough lead at the end of...
View ArticleCapital One’s Kate Byford Considers the Prognosis for Multifamily in 2021
Kate Byford is relatively new to her post as the head of agency finance for Capital One, but she’s an industry veteran whose faith in the apartment sector is supported by her 16 years in the business....
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