Burruss, a 24-year industry veteran who will also serve as Head of Retail Innovation at NEO Home Loans, leads The Home Team, whose 2025 business was 78% purchase lending and anchored by builder and agent partnerships across Northern Virginia Purchase lending made…
The KTCU managed 86 trillion won in assets as of the end of 2025 The Korean Teachers’ Credit Union (KTCU) faces potential losses of more than 220 billion won ($170 million) from its overseas alternative investments as bets on real estate made during the…
Northmarq has arranged a $105 million refinancing of Madrone Apartments, a 272-unit multifamily community located at 111 N. Rengstorff Avenue in Mountain View, California. The financing was arranged on behalf of Prometheus Real Estate Group by Northmarq’s San Francisco Debt + Equity team, led…
Continental Properties secured $480 million from New York Life Investment Management to refinance 10 apartment properties with more than 2,700 units across seven states. The new debt replaces construction financing, and the properties join a 23-community, 5,700-unit fund; Continental says the refinancing should…
NEW YORK CITY — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, has provided a $231 million construction loan for an office-to-residential conversion project in Manhattan. The borrower is joint venture between Metro Loft Management and David…
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In this capacity, he oversees daily operations…
Northwind Group provides $231m construction loan for office-to-residential conversion in midtown Manhattan Institutional Real Estate, Inc. Northwind Group provides $231m construction loan for office-to-residential conversion in midtown Manhattan Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, has…
Crain's New York A&E pumps $3M into Queens complex to end foreclosure fight Gov. Kathy Hochul's administration has shown a willingness to explore reforming the state's Scaffold Law, a lightning rod issue that has been discussed for years.
Northwind Group announced on November 2, 2026 that it originated a $231 million first-mortgage construction loan for 675 Third Avenue in Manhattan, financing the office tower’s conversion into as many as 450 residential rental apartments. The 32-story, 337,000-square-foot property is in Midtown East. Loan proceeds…
The cost of borrowing a house.
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