Workflow
Real Estate Investment and Development
icon
Search documents
JOINT VENTURE OF FETNER PROPERTIES, MCB REAL ESTATE AND FARALLON CAPITAL MANAGEMENT CLOSE ON $209 MILLION ACQUISITION OF 240 WILLOUGHBY STREET IN FORT GREENE, BROOKLYN
Prnewswire· 2025-07-10 17:33
Core Insights - Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, has acquired 240 Willoughby Street, a residential rental building in Fort Greene, Brooklyn, consisting of 463 units, with 147 designated for affordable housing [1][2] - The acquisition price was $209.5 million, with $141.5 million financed through a senior loan from M&T Realty Capital Corporation [2] - The building features over 30,000 square feet of amenities and is strategically located adjacent to Fort Greene Park, enhancing its appeal to potential residents [6] Company Overview - Fetner Properties is a full-service real estate company specializing in developing, owning, and managing residential properties, with a pipeline of five new projects totaling 1,500 residences [8] - MCB Real Estate, founded in 2007, manages a nationwide portfolio of $3 billion in assets and has approximately 6 million square feet in its development pipeline [9] - Farallon Capital Management, established in 1986, manages around $39 billion in capital and commitments, focusing on investments across various asset classes globally [10] Market Position - The rapid leasing of 25% of the building since Memorial Day weekend indicates strong demand and community acceptance in the Fort Greene area [4] - The project is positioned in a high-growth submarket of Brooklyn, catering to the evolving needs of modern renters [4] - The building's design includes premium finishes and large private terraces, appealing to a demographic seeking high-quality living spaces [5]
Nextensa NV/SA : Information on the total number of voting rights and shares
Globenewswire· 2025-06-11 15:40
PRESS RELEASE REGULATED INFORMATION Brussels, 11 June 2025, 5:40pm Nextensa NV/SA : Information on the total number of voting rights and shares In application of article 15 of the Law of 2 May 2007 on disclosure of major shareholdings, Nextensa (the 'Company') announces the following information following the grant of double voting rights to certain of the shares in the Company. Situation on 11 June 2025 : Total capital : EUR 111,856,017.40Total number of securities carrying voting rights : 10,171,130Num ...
FRP (FRPH) 2025 Earnings Call Presentation
2025-05-22 13:03
FRP Holdings, Inc. Investor Day MAY 22, 2025 Safe Harbor Disclosures Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include, but are not limited to: the possibility that we may be unable to find appropriate investment opportunities; levels of construction activity in the markets se ...
Nextensa: Results on Q1 2025
Globenewswire· 2025-05-19 05:30
REGULATED INFORMATIONBrussels, 19 May 2025, 7:30 AM RESULTS ON Q1 2025 HIGHLIGHTS STRONG START TO 2025Nextensa has started 2025 with momentum, completing three strategic transactions that decisively implement its sustainable investment strategy and position the company for a new phase of growth, greater value creation potential, and strengthened market position.• The sale of the Knauf Shopping Centers, on 13 February 2025, marked an important step in the reorientation of the portfolio towards assets with g ...