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Transactions: Eastern Union’s $36.9M loan for Bronx portfolio, Meridian’s $2.6M for Cedarhurst co-op

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Finance & Accounting By REW •   April 26, 2017 Eastern Union Funding arranged the following transactions: A $36.9 million first lien mortgage for the acquisition of an 11- building multifamily portfolio in Bronx, NY. This transaction was arranged by Jonathan Singer and David Metzger. A $10,500,000 first lien mortgage for the acquisition of a 197- unit multifamily in Pennsville, NJ. This transaction was arranged by David Singer. A $5,000,000 first lien mortgage for the refinance of a 61- unit multifamily on 40th St. in Sunnyside, NY. This transaction was arranged by Michael Muller. A $2,200,000 first lien mortgage for the acquisition of a 6, 800 sf industrial property on Route 114 in East Hampton, NY. This transaction was arranged by Marc Tropp. A $1,450,000 first lien mortgage for the refinance of a 3- unit multifamily on South Lakeshore Dr . in Browns Mills, NJ. This transaction was arranged by Jeffrey Seidenfeld and Jonathan Singer. ••• Meridian Capital announced t...

WARREN'S NEXT town hall — ARROYO FIRED — Kennedy charges to be DISMISSED?

08/25/2017 08:02 AM EDT By Rebecca Morin ( rmorin@politico.com ; @RebeccaMorin_) and Charlie Mahtesian ( cmahtesian@politico.com ; @PoliticoCharlie) TGIF, MASSACHUSETTS. Mostly cloudy with a high of 73 today. Story Continued Below I'm Rebecca Morin and I'm filling in along with Charlie Mahtesian this week while Lauren is on vacation in Minnesota. This is our last day, but Lauren will be back Sept. 5. WARREN'S NEXT TOWN HALL: Sen. Elizabeth Warren is heading to Rep. Niki Tsongas' district on Friday for a town hall in Concord, her 13th town hall of the year. The 3rd District isn ’t exactly Warren Country: The senator lost the district narrowly in 2012, Gov. Charlie Baker carried it in 2014 and so did Republican Senate candidate Gabriel Gomez in 2013. It's home to a rare open- seat congressional race in 2018, now that Tsongas has announced she will not seek reelection. Tsongas and Warren are allies: Tsongas was the first major political player to endorse Warre...

Kroger plans new store and urban apartments on the eastern edge of downtown Dallas | Real Estate

A new Kroger supermarket on the edge of Dallas' Arts District will offer more than groceries. The supermarket chain plans for its new store to be part of a mixed-use development that includes hundreds of new apartments. Kroger last year purchased a block of land on Hall Street between Ross Avenue and North Central Expressway . It's just across the highway from downtown and in an area that's seeing rapid redevelopment. Early this year Kroger filed plans with the City of Dallas to build just a supermarket and surface parking on the site. But now the grocery giant has teamed up with a local apartment builder and wants to include 375 apartments with the project. The development designed by Dallas architect GFF would have four stories of rental units on top of a 2- level Kroger store , plans for the project show. Dallas- based apartment builder Trinsic Residential Group would build the rental units on top of the grocery store and parking garage at Hall and Flora streets. ...

Is the San Fernando Valley’s future suburban?

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Known for strip malls and shopping centers and rows of single-family homes, the Valley is often thought of as somehow separate from Los Angeles—though most of its communities have been part of the city for over 100 years. But that perception may start to slip away as new transit options and LA’s rising cost of living draw in new residents and development dollars. In advance of some of these changes, we caught up with several active community members in the Valley to get their take on the region’s future. Here’s what we learned: Don’t call it a suburb The Valley may not be as dense as Downtown LA or Koreatown—nor as walkable—but it’s still plenty urban. “If the Valley is a suburb, I don’t know what you’d call Santa Clarita or Simi Valley or the Thousand Oaks area ,” says lifelong Valley resident Zachary Rynew , who founded the CiclaValley blog to promote bicycling events in the area and advocate for better bike infrastructure . Yvette Lopez-Ledesma, deputy director of Pacoima Beaut...

The Day - Historic Norwich house to be auctioned Saturday

Norwich — A mid- 18th century house in the Norwichtown Historic District with a connection to one of the most famous trial lawyers of the 20th century will be sold at a mortgage foreclosure auction at noon Saturday. The 1743 gray, cape-style house with a separate carriage house apartment at 6 Ox Hill Road is located on a 0.42- acre terraced yard in the triangle formed at the junction with Canterbury Turnpike. Eastern Savings Bank foreclosed on the house, owned by Eunice Robbins, for the outstanding $47,378 owed on the mortgage. The house was appraised at a fair market value of $187,500. The auction will take place at noon Saturday by court- appointed attorney David Williams . Norwich farmer Michael Darrow built his original house at the property in 1743, according to “ Norwich Historic Homes and Families” by Catherine Smith Doroshevich and Marian K. O'Keefe, which was published by the Society of the Founders of Norwich in 1967. Darrow apparently split his time between N...

10 cheap-eats spots in Baltimore that offer more than just crab cakes

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Diners enjoy lunch at Tortilleria Sinaloa, which has top-notch tacos in tortillas made the right way — by hand. The unassuming storefront in Fells Point is one of several cheap-eats destinations in a city suddenly flush with award-winning chefs. (Doug Kapustin/For The Washington Post) Baltimore is that rare city with a dish so fundamental to its culture that the food’s name is an answer to a crossword puzzle. But if the crab cake is Charm City’s calling card, it can also be a cross to bear for those planning to open a restaurant there. The chef who dares to ignore the crab cake is the chef who risks losing the tourist searching for Baltimore’s signature dish, typically built with Chesapeake jumbo -lump crab, saltine cracker crumbs , a mayo binder and, of course, Old Bay. “You will find that in many restaurants there is a crab cake,” says Suzanne Loudermilk, restaurant critic for the Baltimore Sun. “It’s just part of our cuisine. When people do come from out of town, they inevitabl...

Community News For The South Windsor Edition

Update: West Nile Virus SOUTH WINDSOR — The Connecticut Agricultural Experiment Station announced that mosquitoes trapped in 12 towns have tested positive for West Nile virus so far this season. The towns include: Branford, Glastonbury, Greenwich, North Branford, North Stonington, Orange, Plainfield, South Windsor, Stamford, Stratford, West Haven, and Westport. To reduce the risk of being bitten by mosquitoes residents should: Minimize time spent outdoors between dusk and dawn when mosquitoes are most active; be sure door and window screens are tight-fitting and in good repair; wear shoes, socks, long pants, and a long-sleeved shirt when outdoors for long periods of time, or when mosquitoes are more active; clothing should be light colored and made of tightly woven materials that keep mosquitoes away from the skin; use mosquito netting when sleeping outdoors or in an unscreened structure and to protect small babies when outdoors; consider the use of mosquito repellent , accord...