The $33.2m loan from OakNorth will support the ground-up development of two Class A multifamily residential schemes in Brooklyn, NY; The developments will deliver numerous new homes, alongside ground-floor retail space and resident amenities, in the East New York submarket; The schemes will comprise a mix of studio, one-bedroom and two-bedroom apartments, with more than […]
Headquartered in New York, NY, GoodHomes Communities is a vertically integrated, private real estate investment company specializing in acquiring well-located, under-performing assets and converting them into residential units; With decades of experience in construction, design, management, and development, the firm has delivered over 5k homes, with total assets exceeding $5bn; The $9.1m co-loan refinances the […]
The financing will support capital improvements, tenant enhancements, and leasing costs at a major suburban office property in New Jersey; The office asset is occupied by a diverse mix of corporate, professional services, government, and institutional tenants, providing a broad and stable tenancy base; The transaction was brokered by United Commercial Group. NYC, US, 18 […]
Founded in 2015, ECA Developers is a leading development and construction firm focused on sustainable and energy efficient mixed-income and mixed-use projects and sports entertainment warehouses; The firm combines in-house development, design, and construction capabilities and works through strategic partnerships with landowners, lenders, and public agencies; The $21m loan from OakNorth and Oak Funding will […]
Founded in 2008, the borrower specializes in short-term bridge financing and commercial real estate debt solutions; Having lent over $1bn across c.500 transactions to date, the firm’s expertise allows it to quickly and efficiently source, analyze, underwrite and execute new debt opportunities; OakNorth provided a $50m debt financing package, alongside $50m each from Customers Bank […]
The newly constructed, purpose-built community, Bridgewater by Legacy Retirement, comprises 142 units across independent living, assisted living, and memory care; The facility is located in Castle Rock, Colorado — one of the fastest growing suburban communities between Denver and Colorado Springs; Demand for senior housing continues to rise, with the 75+ population in the local […]
