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Partners pick up $59M construction loan for Harlem development


Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to affiliates of Certes Partners, the Hakimian Organization and Red Pine Capital Partners in arranging $59,400,000 for the construction financing of The Enclave, a 113-unit multifamily project in Harlem.
The floating-rate financing was provided by affiliates of SCALE Lending.
A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Sri Vankayala, Alex Lapidus and Meredith Donovan represented the borrower.
The Enclave is a Class A, transit-oriented, residential development located at 212 East 125th Street through 215 East 124th Street in East Harlem. The project will feature retail frontage along 125th Street and a residential lobby on 124th Street. ....

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Natixis funds $70M industrial refi' for Camber industrial portfolio


Cushman & Wakefield served as the exclusive advisor to Camber Real Estate Partners in the procurement of $69,500,000 for the financing of the Crossings Industrial Portfolio, a 25-building, 1.2 million-square-foot light industrial portfolio situated across Bucks County, PA and Southern NJ. 
The floating-rate financing was provided by Natixis. A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Sridhar Vankayala, Chuck Kohaut, TJ Sullivan and Meredith Donovan represented Camber.
“The portfolio represents an ideal mix of functional, multi-tenanted and well-located light industrial assets in Greater Philadelphia’s most sought after submarkets: Bucks County and Southern New Jersey,” said Alascio.
“The portfolio’s strong performance throughout the COVID-19 pandemic is exemplary of the strong and diversified tenant roster, as well as the area’s unprecedented tenant demand.” ....

Bucks County , United States , New Jersey , John Alascio Sridhar Vankayala , Chuck Kohaut , Meredith Donovan , Cushman Wakefield , Camber Real Estate Partners , Crossings Industrial Portfolio , Wakefield Equity , Structured Finance , John Alascio , Sridhar Vankayala , Greater Philadelphia , Southern New Jersey , ரூபாய்கள் கவுண்டி , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , மெரிடித் டொநொவந் , குஷ்மேன் வேக்ஃபீல்ட் , கேம்பர் ரியல் எஸ்டேட் கூட்டாளர்கள் , குறுக்குவெட்டுகள் தொழில்துறை போர்ட்‌ஃபோலீயோ , வேக்ஃபீல்ட் பங்கு , கட்டமைக்கப்பட்ட நிதி , அதிகமானது பிலடெல்பியா , தெற்கு புதியது ஜெர்சி ,

SL Green inks $360M refi' on 100 Park Avenue | Real Estate Weekly


Cushman & Wakefield announced that the firm served as the exclusive advisor to SL Green Realty Corp. and its joint venture partner in the procurement of $360 million for the refinancing of 100 Park Avenue, a 36-story, 903,000 s/f, LEED Gold-certified office property in Midtown Manhattan. The floating-rate financing was provided by Aareal Capital Corporation.
A Cushman & Wakefield Equity, Debt & Structured Finance team of Steve Kohn, Alexander Hernandez, Alex Lapidus and Meredith Donovan and Capital Markets team of Adam Spies and Kevin Donner represented SL Green Realty Corp. and its partner.
“SL Green and their partner have done a remarkable job refurbishing and managing this iconic office asset. The property’s proximity to Grand Central is highly attractive to employees from within the city as well as to commuters from the suburbs, who would not require a second means of transportation,” said Steve Kohn. ....

New York , United States , A Cushman Wakefield , Alex Lapidus , Alexander Hernandez , Kevin Donner , Meredith Donovan , Cushman Wakefield , Steve Kohn , Aareal Capital Corporation , Sl Green Realty Corp , Aareal Capital , Wakefield Equity , Structured Finance , Capital Markets , Adam Spies , Grand Central , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , அலெக்சாண்டர் ஹெர்னாண்டஸ் , கெவின் நன்கொடையாளர் , மெரிடித் டொநொவந் , குஷ்மேன் வேக்ஃபீல்ட் , ஸ்டீவ் கோன் , ஸ்ல் பச்சை ரியல்டீ கார்ப் , வேக்ஃபீல்ட் பங்கு ,

Crown Point High School students raise over $5,000 for Food Bank of NWI


CROWN POINT — In a semester marked by periods of in-person, hybrid and remote learning, one Crown Point High School organization wanted to continue its efforts to give back to the community. 
Throughout November, the National Honor Society (NHS) raised $5,381.13 for the Food Bank of Northwest Indiana — a goal set and led by directors of the group.
As you can tell, they re extremely involved in a lot of things at Crown Point High School, and Ms. (Angela) Taraskiewicz and myself — we wanted the directors to drive the way that we were doing things, adviser Katelyn Kreis said over Zoom. We wanted them to be the ones to really lead the various initiatives.   ....

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