Apollo Commercial Real Estate Finance, Inc. Closes $250 Million Loan for Redevelopment of NYC Office Building

Apollo to Pursue Additional RE Debt Acquisition.. Apollo Real Estate Finance Corp. (AREFIN).. a 1.2 million-square-foot office building in Manhattan, also known as the Verizon Building..

NEW YORK–(BUSINESS WIRE)–Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the Company provided $250 million of first mortgage and mezzanine.

Apollo Commercial Real Estate Finance, Inc. : Closes $250. – Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Company provided $250 million of first mortgage and mezzanine financing ($122.7 million of which was funded at closing) for the redevelopment of an existing office building in the Hudson Yards/Penn Station submarket of New York City. The loans are part of a $479.0 million construction financing,

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admin, Author at Mava Law PLLC – MAVA law closes million loan ON LUXURY BUILDING IN THE BRONX. In November 2017, MAVA LAW closed on a $15 Million refinance of a newly constructed luxury mixed-use building on Arthur Avenue, three blocks from Fordham University in the Bronx. By facilitating the transaction, the firm maximized Borrower’s mortgage recording tax savings.

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Apollo Commercial Real Estate Finance, Inc. Completes $325.5. – Apollo Commercial Real Estate Finance, Inc. Completes $325.5 Million of New Investments and Closes New Credit Facility. The loan is cross-collateralized and cross-defaulted with the $121.4 million of financing ARI has provided to the same borrower in connection with the aggregation of retail parcels for redevelopment in downtown Brooklyn, New York. The total floating rate financing has a remaining six month term and an appraised LTV of approximately 60%.

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Westpac sounds out developer interest in no-presale loans Audio: Reserve Bank says risks of significant housing downturn are manageable (The. New regulations by APRA to limit investor loan growth to 10 per cent annually have seen banks increase interest.

Northbrook office sale closes for $26.2 million | Chicago. – (Crain’s) – A venture led by Romanek Properties Ltd. has paid $26.2 million for a north suburban office building in a deal that had been in the works for about a year. A venture that includes.