Mortgages and Rates

5+ hour, 40+ min ago   (235+ words) Berkadia, a distinguished leader in the commercial real estate sector, announced that it arranged $127 million in construction take-out financing from Madison Realty Capital for The Arcadian, a newly built 502-unit mixed-use multifamily community in Fort Lauderdale’s Sistrunk District. The loan…...

7+ hour, 28+ min ago   (116+ words) Delivered in 2023, the 23-story tower features studio, one-, two- and three-bedroom floorplans. The community provides roughly 23,000 square feet of indoor-outdoor amenities including a swimming pool, fitness center, business center, clubhouse, a pet play area and 13,000 square feet of ground-floor retail....

11+ hour, 20+ min ago   (325+ words) Berkadia, a distinguished leader in the commercial real estate sector, recently announced that it has arranged a $58 million construction loan for developers to build The Lincoln, a luxury boutique condominium with 48 spacious residences in the heart of Coconut Grove, Florida....

11+ hour, 40+ min ago   (30+ words) Crain's New York Business Massive Harlem rental complex refinances with $170.5M loan Baker Tilly grew its workforce by 73.3% to 771 employees....

2+ day, 8+ hour ago   (324+ words) ANSA McAL Ltd has ex­e­cut­ed an amend­ed and re­stat­ed loan agree­ment that re­fi­nances an ex­ist­ing syn­di­cat­ed fa­cil­i­ty and pro­vides the com­pa…...

1+ day, 2+ hour ago   (240+ words) A $67.5 million construction loan has closed to finish the second phase of Meridia Brownstones in downtown Rahway, clearing the way for 200 new rental units on the site of a former cereal factory. The five-story building at 1999 Elizabeth Avenue is expected…...

2+ day, 12+ hour ago   (267+ words) While the GF Value™ for SMCI is calculated at $88.23, indicating that the stock is approximately 50.5% undervalued compared to its current price of $43.69, this figure should be viewed as a directional warning rather than a precise target due to the company's…...

2+ day, 22+ hour ago   (98+ words) CoStar Harlem apartment complex lands refinance funds - Blackstone lands $580 million loan after securing major trade show relocation --------------------------------------------------------------- - E1 Capital’s Victor Baev hunts for value in mortgage market blind spots --------------------------------------------------------------- - Nuveen completes Schroders deal, expanding global real estate reach --------------------------------------------------------------- - GGP lines up…...

3+ day, 5+ hour ago   (243+ words) REJournals Draper and Kramer, Incorporated announced that a team led by Dan Freedman and Chris Beck, both senior vice presidents with the firm’s Commercial Finance Group, recently brokered two Chicago-area loans totaling $27.5 million. The transactions include a $13.5 million loan financing…...

3+ day, 3+ hour ago   (336+ words) Rithm Capital has closed a joint venture with a fund managed by DRA Advisors covering ownership of 1301 Avenue of the Americas, a flagship property within the New York office portfolio of Rithm’s Elecor Properties platform. Terms of the transaction were…...