Bronx
SCALE Lending Issues $135M Construction Loan on Mott Haven Residential
SCALE Lending, the debt financing arm of Slate Property Group, issued a $135-million construction loan for two adjacent multifamily projects located… Read more
JV Closes on $210M Refi for Transitional and Affordable Housing
A joint venture of Slate Property Group and Fundamental Advisors has closed on a $210-million refinancing for the JV’s Transitional and… Read more
City Council Approves Bronx Metro-North Stations Rezoning
The New York City Council on Thursday voted to approve the Bronx Metro-North Stations rezoning, which will add approximately 7,000… Read more
HKS Closes $30M Refi on Eight-Property Mixed-Use Portfolio
HKS Real Estate Advisors has closed a $30-million loan with Citi Group for the refinancing of a mixed-use eight-property portfolio across Manhattan… Read more
Douglaston Closes on Financing for Second Phase of Bronx Affordable Development
The New York City Housing Development Corporation (HDC), The New York City Department of Housing Preservation and Development (HPD) and Douglaston Development… Read more
Bronx PACT Modernization Project Secures $275M in Financing
The New York City Housing Authority (NYCHA) has secured $275 million in financing for Sack Wern Houses, a PACT project… Read more
New Affordable Senior Housing Building Comes to Bronx
A development team led by Xenolith Partners LLC, a Women-owned Business Enterprise (WBE), alongside The Kretchmer Companies, ELH Mgmt. LLC,… Read more
Ariel Arranges $12M Sale of Bronx Development Site
Ariel Property Advisors has closed the sale of a block-through development site at 1931 Lafayette Avenue in the Bronx, along… Read more
NYC Pension to Preserve Affordable Housing with $60M Fund
New York City’s $86 billion pension fund for civil employees, NYCERS, is investing up to $60 million in a nonprofit-led… Read more
NYC Plans New Law to Prevent Building Collapses
The New York City Council is considering a new building safety law in response to the partial collapse of 1915 Billingsley Terrace… Read more
C&W Arranges $7M Sale of Bronx 100K-BSF Development Site
Cushman & Wakefield recently facilitated the sale of a prime development site at 3083 Webster Avenue in the Bronx. The… Read more
NYC MF Sales Totals $1.44B in Q1, 23% Increase YoY
New York City’s multifamily real estate market experienced a strong start in the first quarter of 2024, recording $1.44 billion… Read more
SCALE Issues $150M Loan to Bronx Resi Project
SCALE Lending, Slate Property Group’s lending arm, has provided a $150 million construction loan for Beitel Group’s 450-unit multifamily project… Read more
CL Credit Originates $24M Refi for Bronx Resi
CL Credit, a debt platform by Castle Lanterra, has closed its first loan in New York City, providing a $24… Read more
NY Outer Borough Industrial: Strongest Q1 Since ’19
New York Outer Boroughs reveal a strong start to the year, with leasing and absorption performing well and vacancy rates… Read more
A&E Real Estate Unveils New Mortgage Lending Arm
A&E Real Estate has launched A&E Real Estate Finance (AEREF), a debt financing platform led by industry veteran Joseph E.… Read more
Callen-Lorde Community Health Center Expands Bronx Lease
Cushman & Wakefield has facilitated a lease expansion for Callen-Lorde Community Health Center at 3144 Third Avenue in the Bronx.… Read more