Lerner Enterprises

Real Estate Technology

Walker & Dunlop, Inc. | June 15, 2022

Walker & Dunlop, Inc. announced that it arranged $162,400,000 in construction financing for Mandarin Oriental Residences, Fifth Avenue, New York City's first turn-key branded residences available for sale. Located directly on Fifth Avenue at the intersection of East 54th Street in the heart of Manhattan's Plaza District, the property will be managed and operated by Mandarin Oriental, providing owners with access to luxury, five-star hotel services, without the hotel guests. Manhattan...

Real Estate Investment

Lument | May 27, 2022

Lument announced that it closed a $13.5 million proprietary bridge loan to facilitate the refinance of two multifamily communities consisting of 118 total units in Detroit, Michigan. James Kelly, director with Lument in Atlanta, led the transaction. The sponsor is Greatwater Opportunity Capital, a real estate private equity investment manager and development firm focused on Detroit and other emerging urban markets. Greatwater has deployed over $150 million of equity into Detroit neighborhoods, m...

Real Estate Investment

Gray Capital | June 30, 2022

Multifamily investment firm Gray Capital has closed on their acquisition of Club Meridian Apartments, a 406-unit property located in Okemos, MI just east of Lansing, MI. Gray Capital intends to make strategic upgrades at the property, including siding and asphalt repairs, pool upgrades, re-painted balconies, new signage, and other exterior enhancements to boost the curb appeal of the property. Additionally, interior renovations like modern appliances, new flooring, and upgraded co...

Real Estate Technology, Mortgage and Lending

Newswire | May 31, 2023

Pineapple Financial Inc. (PAPL: Reserved), the tech-focussed mortgage brokerage with an integrated network of partner brokerages and agents across Canada, is pleased to announce it will now be offering mortgage services in Western Canada via their alliance with Pineapple Canada Lending House. Pineapple is excited to provide more Canadians with its revolutionized approach to mortgage services through this market expansion. "Our goal at Pineapple has always been to give as ma...