While traditional capital sits on the sidelines, SLATE continues to be one of the most active multifamily lenders in the region. Thanks to @REBusiness for the opportunity to provide comment for their state of the market piece. https://t.co/WsiojrowVf
Check out thoughts from our co-founder and principal David Schwartz, along with Sara Lind of @OpenPlans, on how parking minimums are exacerbating NYC’s housing crisis – and ideas about how to fix the problem. https://t.co/MRuKs1xZAF
The historic conversion of the JFK Hilton Hotel into 318 units of permanently affordable housing is critical to ensuring our neighbors can access stability and support. This project represents what's possible when we work together to confront this crisis.
https://t.co/Q6aLrP9zgm
Our SCALE team has closed on a $142 million construction loan for 147-35 95th Avenue in Jamaica, Queens. Once complete, the building will feature 521 apartments and robust amenities with great transit access. https://t.co/9YKwnFtrSi
We see a bright future for Queens, and The Yellowstone will provide much needed housing in the vibrant Forest Hills neighborhood. Thanks to @CrainsNewYork for including this development among the exciting activity coming to the borough. https://t.co/lt3v51jBic
We have great confidence in the Jersey City multifamily market, and we're thrilled to be continuing our lending streak and working with McCourt Partners for the first time to get this bridge loan across the finish line for 711 Montgomery Street to be completed.
Slate's lending arm, SCALE, has closed on a $160m bridge loan for Namdar Group’s 9 Homestead Place in Jersey City, NJ. Thanks to Greystone Capital Advisors for arranging the deal and @commobserver for covering this win in a difficult financing environment. https://t.co/R7BNWktSLl
Thanks to Slate’s partnership with the City’s housing agencies, hundreds of residences at Queenswood Apartments in Corona will stay affordable for decades to come. Thanks to @MHNonline for the coverage of our expanding portfolio. https://t.co/GOXTwvbyMV
Today we celebrated the groundbreaking of 326 Rockaway Ave in Brownsville, BK - one of the most sustainable supportive housing developments ever in NYC. With our partners @RiseboroNYC, we’re thrilled to be serving the Brownsville community. Renderings by @AufgangArch and OSD.
We’re proud to have completed one of the largest NYC multifamily acquisitions this year with 600 Columbus. As Slate's Martin Nussbaum told @natalexisw of @Bloomberg, “We strongly believe that in the long run, Manhattan is just irreplaceable real estate.” https://t.co/GfE1wV8w3O
Here's an inside look at our transformation plans for the Hilton hotel near JFK Airport. Thanks to @EllieHotel_ing and @trdny for the reporting and to @RiseboroNYC for their partnership on the project. https://t.co/ToW5wuIKmx
The housing crisis demands we grow the pie and innovate new ways to rapidly expand affordable housing. Slate is partnering with @RiseboroNYC on NYC’s first project to convert a hotel into permanent affordable housing for New Yorkers in need. https://t.co/Rqp8rYBDYl
Edgemere Commons in Far Rockaway isn’t just about buildings, it’s about stronger communities and greater opportunity. That’s why we’ve partnered with The Arker Companies and the Far Rockaway Arverne Nonprofit Coalition to fund 23 community organizations.
https://t.co/n8xIFpxr65
CIO Brian Vetter spoke with @Benzinga to discuss the rise in investment demand from private equity firms in the multifamily affordable housing sector, a key area of growth for us at #SlatePropertyGroup.
Read more: https://t.co/w8IlmPvRkx
We're excited to deliver on a 100 percent affordable project that would bring 333 new homes, a new community space, a new supermarket and retail opportunities to the Bronx. Read more here: https://t.co/L5Cbecc5bw
South Florida developers secured massive loans in 2022. Of all financing deals made last year, @trdny reported that SCALE Lending made the top 10 for its $195M loan for the highly-anticipated Namdar Tower project in Miami’s downtown. Read more: https://t.co/dGof2uikdj
Have you heard? The top-ranked Shemesh Team at @Serhant_ New Development has been named the exclusive sales and marketing agency at 1080 Lorimer, our luxury residential condo development in Greenpoint, Brooklyn. Learn more about the team via @RE_Weekly: https://t.co/tMNZhSZEPF
#SlatePropertyGroup's John Valladares shared with @bisnow what local and state leaders should prioritize in 2023, including reforms and new policies that make #affordablehousing developments more efficient.
https://t.co/T3vUXV5Rsr
Thank you @DRichardsQNS for sharing the news that we are bringing a supermarket to the Queens community in partnership with The Arker Companies. We look forward to revitalizing the Edgemere neighborhood by increasing access to healthy food options for all in the community.
As a former resident of Ocean Village, I couldn’t be prouder to have worked with this coalition to secure a supermarket in this food desert. The addition of over 2k units of mixed-income housing, community facility, & more will address decades of neglect. https://t.co/xuB2gjZp0z