Equicap

Equicap is a real estate investment banking intermediary firm arranging debt and equity. Visit our publication @eqmagazine_ Managing Partner @daniel_hilpert

[Equicap @equicap]

How to maximize sellable floor area when you have a 1:15 plan-to-height ratio. Read more
https://t.co/YPN2UQoW3g

[Equicap @equicap]

Equicap closes on a net-leased refinance for a Walgreens in New York at a rate in the low 3s.
#realestatefinance #netlease #debtbroker

[Equicap @equicap]

Equicap closes $6.52MM acquisition loan for a net-leased Walgreens in New York at a rate in the low 3s. The Equicap team was able to negotiate a 75% loan.

[Equicap @equicap]

Equicap closes a $5,050,000 acquisition loan for a net-leased Walgreens in New Jersey at a rate in the low 3s. The Equicap team negotiated a 75% acquisition loan with a local bank.

[Equicap @equicap]

Equicap closes a $6.2MM acquisition loan for a net-leased CVS at a rate in the low 3s. The Equicap team arranged 75% financing.

[Equicap @equicap]

Of all the dramatic changes the pandemic brought to NYC real estate, perhaps none have transformed more than Midtown Manhattan. The vacancy rate has hit a 30-year high at 18.6 percent and rents are continuing to slip. #midtown #commercialrealestate
https://t.co/tvb8VfFFi0

[Equicap @equicap]

Equicap closes a perm mortgage in the mid 3s for a multifamily in Brooklyn. Despite the backdrop of rising rates, the team was able to deliver a competitive rate.

[Equicap @equicap]

Gov. Kathy Hochul announced she wanted to repeal 421-a, requiring increased affordability and mandating green building systems like carbon-neutral technologies and electrification. 421-a would therefore become 485-w. Tap link for more. #421a
https://t.co/Uy3q3liFSG

[Equicap @equicap]

Equicap closes a mixed-use refinance in Philadelphia. The team was able to deliver a rate in the low 3s despite the recent sharp rise in treasury yields.

[Equicap @equicap]

Equicap closes $3,300,000 construction loan in East Hampton. Equicap's managing director Daniel Hilpert negotiated an 85% LTC construction loan using the land at value.
#Hamptons #ConstructionLoan #RealEstateFinance #DebtPlacement

[Equicap @equicap]

Equicap closes a $5.8 million construction loan for the adaptive reuse of an abandoned manufacturing building to creative office space and retail. Equicap was able to negotiate competitive terms from a bank. #commercialrealestate #realestatefinance #constructionloan

[Equicap @equicap]

The phoenix is rising. The beloved Waldorf Astoria on New York’s Park Avenue, shuttered for the past four-and-a-half years for a more than $1 billion top-to-bottom make-over, is inching closer to its grand re-opening in 2023.

https://t.co/FJ7zFeNl7T

[Equicap @equicap]

Equicap closes $2,600,000 acquisition loan for a net leased property in Pennsylvania. Equicap structured a loan term co-terminus with the expiration of the lease at a rate of SOFR + 150. #debtplacement #commercialreal estate

[Equicap @equicap]

Equicap closes $4,500,000 bridge loan to recapitalize a deal in foreclosure. Equicap negotiated a significant discount to par and arranged the capital in less than 30 days. #debtplacement #debtcapitalmarkets #hardmoneylender

[Equicap @equicap]

The Real Estate Board of New York released a study identifying 30% of Midtown storefronts are vacant in the office-dependent retail corridors as of summer 2021. Read more.

#Retail #CommercialRealEstate #NewYorkCityRetail #CommercialRealEstateFinance

https://t.co/3xVj5p7dgD

[Equicap @equicap]

A stay on hotels...⁠
Just a few weeks ago, NYC’s hotel industry took the first steps toward a new era. The City Planning Commission approved a zoning text amendment to require special permits for all new hotel construction. Tap link to read more.

https://t.co/pERFXbemKo

[Equicap @equicap]

Bond traders and institutional fixed-income asset managers have been waging war against inflation, rising rates, and each other since the beginning of 2021. Unfortunately, the battlefield they’re fighting over is about to get bloodied in the worst way.
https://t.co/rhTABtYU3e

[Equicap @equicap]

The Rockaway Hotel opened at the end of last summer — quite a gamble knowing the Rockaways are a summer destination, and that COVID-19 has already greatly disrupted the city’s tourism industry.⁠ The risk is paying off for an ambitious project.
https://t.co/Oqc3bxnGV1

[Equicap @equicap]

Equicap closes $2,500,000 refinance for a retail property in Miami's Design District
#refinance #DesginDistrict #MiamiRealEstate #DebtPlacement #CommercialRealEstate

[Equicap @equicap]

Equicap arranged a $5.25MM refinance of a mixed-use building in Brooklyn. Equicap was able to negotiate a future funding component.
#TradedNY #multifamily #mixeduse #refinance #commercialrealestate #debtplacement #newyorkrealestate