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Finance Deals of the Week: $160M Florida Construction Loan
The top financings from March 3 to March 8.
Photo: Getty Images
The deals arrive at the beginning of March with a $160 million construction for a mixed-use project in Juno Beach, Fla., and a $97 million refinancing for a luxury multifamily apartment complex in Queens that opened last year, financed by Apollo Global Real Estate Management and developed in a joint venture by Slate Property Group. Kennedy Wilson also made a $96 million loan out in Alexandria, Va., on an office-to-residential conversion.
Loan Amount
Lender
Borrower
Address
Asset
Broker
Argo Real Estate, Bsafal and Taconic Capital Advisors
JDL Development and Wanxiang America
1011 U.S. Highway; Juno Beach, Fla.
Mixed-Use
N/A
Apollo Global Real Estate
Slate Property Group and Grobman Gross Properties
69-65 Yellowstone Boulevard; New York
Residential
Newmark’s Daniel Fromm
Kennedy Wilson
Community Three and Whitaker Investment Corporation
1055 North Fairfax Street; Alexandria, Va.
Office-to-Residential Conversion
Cushman & Wakefield’s Mashall Scallan, Michael Zelin, Bindi Shah and Nick Rangel
Greystone through Freddie Mac
6770 Pats Ranch Road; Jurupa Valley, Calif.
Residential
Greystone’s Clint Darby and Andrew Remenschneider
N/A
Asian Americans For Equality
39-03 College Point Boulevard; New York
Transitional Housing
N/A
Finance Deals of the Week reflects deals closed or announced from March 3 to March 8. Information on financings can be sent to editorial@commercialobserver.com.
SEE ALSO: Report: Office Asking Rents Increase Despite Vacancies Hovering At Nearly 20%
Deals of the Week, Affinius Capital, Apollo Global Management, Bridge Investment Group, Cathay Bank, Community Three, Greystone, Helio Group, Kennedy Wilson, Slate Property Group, UMB Bank
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