News & Insights

News and Insights from Slate Property Group

December 16, 2024

Commercial Observer – Terra Lands $170M for First Phase of $1B Mixed-Use Dev in Miami-Dade

‍Terra secured $170 million to build the first phase of a $1 billion mixed-use campus adjacent to the Dolphin Park and Ride transit terminal in Western Miami-Dade County, the Miami-based developer announced.

August 26, 2024

Multi-Housing News – Slate JV Secures Unique $210M Refi for NYC Portfolio

Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing backing their Transitional and Affordable Housing Portfolio, a collection of New York City assets.

The Real Deal – Scale lends $150M to Beitel to build South Bronx rental

Scale Lending, the debt arm of Slate Property Group, has provided construction financing to Beitel Group’s 450-unit multifamily project in Mott Haven, the Bronx.

PERE Credit – Slate Identifies Growing Construction Completion Niche

Slate Property Group in March originated a roughly $60m loan to reignite a stalled multifamily development in the Astoria neighborhood of Queens, New York.

January 11, 2024

Commercial Observer – Scale Lending Provides $243M Loan for Two Jersey City Apartment Buildings

Namdar Group will construct a pair of mixed-use properties in Journal Square that include office and retail

BK Reader – Breaking Ground: Revolutionary Brownsville Housing Project is Paving the Way for Affordable Climate Friendly Living

The new development will create 216 permanently affordable housing units at 326 Rockaway Avenue.

The New York Times – New York City Will Finally Turn a Hotel Into Housing

Developers announced a plan to transform a Hilton hotel near Kennedy International Airport into affordable housing — the first conversion to take place through a pandemic-era state program.