Financial Digest

Paradigm Capital funds $12m mortgage for 87-unit loft development

New York-based Paradigm Capital Funding, a bridge financing institution, has recently funded a $12 million first mortgage secured by an exis...

Cronheim mortgage arranges $20 million for National Realty

Andrew Stewart and Dev Morris of David Cronheim Mortgage Corp. have secured financing of $20 million for Mansfield Commons, a 271,979 s/f sh...

Jasie of Pioneer Financial places $1.4m on behalf of JLG Realty

Pioneer Financial Group, LLC recently placed financing in the amount of $1.4 million on behalf of JLG Realty Associates LLC. The subject p...

Abraham closes $20 million in financing with PNC Real Estate

Nicko Abraham, president of Abraham Properties, Inc. has recently secured $20 million in the refinancing of three commercial loans with PNC ...

What is a "credit" tenant in regards to commercial R.E.

The term "credit" gets used often and not always correctly, so it is important to look at its definition. "Credit" in connection with fina...

The 2008 outlook for real estate capital

Let's face it, our industry needed more than a slight correction, it needed an airbag inflating impact. Hopefully, we will all walk away wi...

GE Real Estate appoints Brook to joint venture preferred equity leader

GE Real Estate has appointed Daniel Brook to joint venture preferred equity leader in the North America Equity division. The appointment und...

Cambridge provides $5.5 million refinancing for Ridgeview Rehab.

Cambridge Realty Capital Companies has provided a $5.5 million FHA-insured permanent mortgage loan to refinance the Ridgeview Rehabilitation...

Paley named community relations manager at The Village Bank

According to Kenneth Brennan, president and CEO of The Village Bank, Susan Paley has been selected to fill the position of community relatio...

Errors & omissions insurance: Reducing risk for appraisers

Purchasing real estate is likely one of the most expensive and emotional purchases an individual will make in their life. They want the proc...