LT McGuinness Ltd

Belkins
Since 1950 we have been involved in the successful construction and redevelopment of many leading and landmark buildings in Wellington.

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MOINIAN GROUP SECURES $105M REFI FOR MANHATTAN PROPERTY

Multi-Housing News | February 17, 2020

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The Moinian Group has secured a $105 million loan to refinance Oskar, its luxury residential building in Manhattan. The firm completed the construction of the property in 2019 under a loan of $103 million issued by U.S. Bank, according to Yardi Matrix. The new loan, which will be used to replace the existing construction loan debt, will be issued by Bank of China at a fixed rate of 2.8 percent for a 10-year period. Oskar is located at 572 11th Ave. in the Hell’s Kitchen neighborhood. The b...

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REAL ESTATE INVESTMENT

CITY OFFICE REIT ANNOUNCES RALEIGH ACQUISITION

City Office REIT | January 03, 2022

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City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that it has closed the acquisition of Bloc 83, a premier two-building office complex located in Raleigh, North Carolina, for a gross purchase price of $330.0 million exclusive of closing costs. The 494,000 square foot, newly built Class A complex possesses a prime location, market-leading features and strong tenancy. Bloc 83 is situated in the Glenwood South submarket, a p...

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MARKET OUTLOOK

SAVILLS AND SRS REAL ESTATE PARTNERS FORM STRATEGIC ALLIANCE

SRS Real Estate Partners | November 30, 2021

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Savills today announced that it formed a strategic alliance with SRS Real Estate Partners (SRS), supplementing its existing North American retail capabilities and enhancing its ability to provide seamless, high-caliber advisory services to retail occupiers, investors and owners worldwide. "The United States is one of the biggest retail markets globally with estimated retail sales expected to total nearly $4.5 trillion in 2021, making the US a key target for expa...

Read More

MORTGAGE RATES DROP TO 3-YEAR LOW

HousingWire | February 06, 2020

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The average U.S. rate for a 30-year fixed mortgage this week fell to a three-year low of 3.45% as worries about coronavirus drove investors into the U.S. bond markets. That’s the lowest rate since 3.42% in the first week of October 2016 and it’s almost a full percentage point below the 4.41% recorded a year earlier, according to the Freddie Mac report. Investors are piling into U.S. bonds as a safe haven while the world weighs the possible economic implications of the coronavirus pan...

Read More
news image

MOINIAN GROUP SECURES $105M REFI FOR MANHATTAN PROPERTY

Multi-Housing News | February 17, 2020

The Moinian Group has secured a $105 million loan to refinance Oskar, its luxury residential building in Manhattan. The firm completed the construction of the property in 2019 under a loan of $103 million issued by U.S. Bank, according to Yardi Matrix. The new loan, which will be used to replace the existing construction loan debt, will be issued by Bank of China at a fixed rate of 2.8 percent for a 10-year period. Oskar is located at 572 11th Ave. in the Hell’s Kitchen neighborhood. The b...

Read More
news image

REAL ESTATE INVESTMENT

CITY OFFICE REIT ANNOUNCES RALEIGH ACQUISITION

City Office REIT | January 03, 2022

City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that it has closed the acquisition of Bloc 83, a premier two-building office complex located in Raleigh, North Carolina, for a gross purchase price of $330.0 million exclusive of closing costs. The 494,000 square foot, newly built Class A complex possesses a prime location, market-leading features and strong tenancy. Bloc 83 is situated in the Glenwood South submarket, a p...

Read More
news image

MARKET OUTLOOK

SAVILLS AND SRS REAL ESTATE PARTNERS FORM STRATEGIC ALLIANCE

SRS Real Estate Partners | November 30, 2021

Savills today announced that it formed a strategic alliance with SRS Real Estate Partners (SRS), supplementing its existing North American retail capabilities and enhancing its ability to provide seamless, high-caliber advisory services to retail occupiers, investors and owners worldwide. "The United States is one of the biggest retail markets globally with estimated retail sales expected to total nearly $4.5 trillion in 2021, making the US a key target for expa...

Read More
news image

MORTGAGE RATES DROP TO 3-YEAR LOW

HousingWire | February 06, 2020

The average U.S. rate for a 30-year fixed mortgage this week fell to a three-year low of 3.45% as worries about coronavirus drove investors into the U.S. bond markets. That’s the lowest rate since 3.42% in the first week of October 2016 and it’s almost a full percentage point below the 4.41% recorded a year earlier, according to the Freddie Mac report. Investors are piling into U.S. bonds as a safe haven while the world weighs the possible economic implications of the coronavirus pan...

Read More

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

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