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NEW YORK
Carlton Advisory Services recently closed on financing, to the tune of $43 million, for a portfolio of nine properties in Manhattan. ALGM I Retail Portfolio, an Emmes Asset Management Co. portfolio, is the owner of the buildings. The assets, totaling 100,000 sf, are: 729 Seven th Ave., 1552 Broadway, 36 W. 34th St., 25-27 W. 34th St., 1372 Broadway, 701 Seventh Ave., 987 Eighth Ave. and 991 Third Ave. The deal involved two properties that were owned in fee simple, as well as seven leasehold assets.
COLORADO
In Aurora, $10 million is being doled out for Westover Gardens Apartments at 9758 E. Colorado Ave. The Denver office of NorthMarq Capital arranged the funding for borrower W.G. Holdings LP, a Colorado limited partnership.
NEVEDA
The 676-unit Grand Plaza Apartments in Las Vegas will be refinanced by a $25.5-million loan originated by the structured finance division of Arbor Commercial Mortgage LLC. The three-year paper, which falls under Arbor's bridge product line, amortizes over 30 years and has a floating interest rate priced over...