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| PRESS RELEASES |
August 11, 2010 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $32.1M IN FINANCING FOR THE NAVONA AT THE PIAZZA AND DICKINSON SQUARE IN PHILADELPHIA, PA
NAI Bluestone Real Estate Capital, a Philadelphia-based real estate investment banking and advisory firm, as correspondent to Greystone Servicing Corp, provided $29MM in Fannie Mae permanent mortgage financing for the Navona, the flagship apartment property framing the Piazza at Schmidt’s in Philadelphia, PA.
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November 2, 2009 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $13.8M IN HUD FINANCING FOR 102-UNIT ASSISTED LIVING FACILITY IN HILLIARD, OH
NAI Bluestone Real Estate Capital, a Philadelphia based real estate investment banking firm, has arranged $13.8M in FHA senior financing through RED Capital Group to refinance Carriage Court of Hilliard, an assisted living facility in Hilliard, OH.
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August 11, 2009 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $44M CONSTRUCTION LOAN FOR THE DISTRICT AT ODU
NAI Bluestone Real Estate Capital, a Philadelphia based real estate investment banking and advisory firm, has secured a $44M senior construction loan on behalf of Norfolk Housing, LLC, an affiliate of a national real estate development company, for The District at ODU, a 909 bed student housing facility in Norfolk, VA.
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June 8, 2009 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $36.5MM IN SENIOR FINANCING FOR 202-UNIT MULTIFAMILY COMPLEX IN PHILADELPHIA, PA
NAI Bluestone Real Estate Capital, a Philadelphia-based real estate investment banking and advisory firm, has secured $36.5M in senior debt for the Glen at Shawmont Station, a Class A, 202-unit multifamily complex located in Philadelphia, PA.
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May 13, 2009 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $4M LOAN FOR LOGAN PLAZA IN PHILADELPHIA
NAI Bluestone Real Estate Capital, a Philadelphia based real estate investment banking and advisory firm, has secured a $4M construction to permanent loan for Logan Plaza on behalf of OYR Realty Group, a joint venture of the Visionary Companies and Thylan Associates, Inc. Beneficial Savings Bank provided the loan.
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February 22, 2008 - NAI BLUESTONE SECURES $7.44M CONSTRUCTION LOAN FOR THE GRAND VICTORIAN OF PEKIN ASSISTED LIVING FACILITY
NAI Bluestone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $7.44M construction loan on behalf of Wilkinson Development, a subsidiary of Wilkinson Corporation, based in Yakima, Wash. Key Bank and Fifth Third Bank are the lenders in the transaction.
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February 21, 2008 - NAI BLUESTONE SECURES $3M MEZZANINE LOAN FOR CROATAN SURF CLUB
NAI Bluestone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $3M refinance and construction loan for the Croatan Surf Club, LLC in Kill Devil Hills, NC. Royal Bank America was the senior lender in the transaction.
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February 20, 2008 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $17M LOAN FOR THE REGISTRY STUDENT HOUSING COMPLEX AT WESTERN KENTUCKY UNIVERSITY
NAI Bluestone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $17M non-recourse, first mortgage loan for The Registry at Western Kentucky University, a student housing complex in Bowling Green, KY. NewStar Financial was the lender in the transaction.
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August 27, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $48M ACQUISITION AND CONSTRUCTION LOAN FOR ICONIC B&O BUILDING IN BALTIMORE, MARYLAND
NAI Bluestone Real Estate Capital, a real estate investment bank, has secured a $48M acquisition and construction loan to acquire the B&O Building on North Charles Street in Baltimore and convert the property, which already includes office space, to also include a boutique hotel and signature restaurant.
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June 27, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL ANNOUNCES SECOND TRANSACTION WITH KORMAN RESIDENTIAL FOR ACQUISITION OF A LUXURY APARTMENT COMMUNITY
NAI Bluestone Real Estate Capital has announced that it has advised a joint venture between Korman Residential and its institutional equity partner on securing $50MM of senior financing to complete the acquisition of River Chase Apartments, a 776 unit luxury apartment community located in Temple Terrace, Hillsborough County, FL.
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July 26, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $22.5MM FINANCING FOR TRINITY CAPITAL ADVISORS' ACQUISITION OF CASSFORD OFFICE COMPLEX IN BERWYN, PA
NAI Bluestone Real Estate Capital has announced that it has secured $22.5 MM of fixed rate acquisition financing on behalf of Trinity Capital Advisors (TCA) for a 131,000 square foot, five building office complex in Berwyn, Pa.
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May 9, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL LAUNCHES BLUESTONE EQUITY PARTNERS
New company to provide sponsor level equity for top-tier commercial real estate transactions
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April 26, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL CLOSES FIRST QUARTER WITH MORE THAN $280MM IN DEALS
NAI Bluestone Real Estate Capital has closed over $280 million worth of commercial real estate financings in the first quarter. This quarter marks the first for NAI Bluestone Real Estate Capital, which was created earlier this year to service the top 20 real estate owners in the top 20 markets.
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March 27, 2007 - NAI BLUESTONE REAL ESTATE CAPITAL SECURES $136MM DEBT & MEZZANINE CONSTRUCTION/MINI-PERM FINANCING FOR INTERCONTINENTAL HOTEL
NAI Bluestone Real Estate Capital secured a $136 million dollar debt/mezzanine construction loan and a five year mini-perm for the development of an Intercontinental Hotel in Rosemont, IL.
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March 22, 2007 - NAI BLUESTONE CAPITAL REAL ESTATE HONORED BY NJPA REAL ESTATE JOURNAL AND PHILADELPHIA BUSINESS JOURNAL
NAI Bluestone Real Estate Capital is the recipient of two prestigious awards this year from both the NJPA Real Estate Journal and the Philadelphia Business Journal.
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