CAPRE’s Commercial Real Estate Headlines for March 11, 2020: Emerald Creek Capital Closes Over $40 Million in February

Check out the latest deals and developments in commercial real estate for March 11, 2020: Emerald Creek Capital closes over $40 Million in February: Emerald Creek Capital, a commercial real estate lender based in Manhattan, NY, has provided over $40 million in middle-market debt transactions this February. Spanning New York, Pennsylvania and Louisiana, the deals covered a variety of lending scenarios including acquisitions and value-add projects. Emerald Creek lends on high quality assets that are well located, and February's transactions exemplify this.  The collateral includes an 85-unit apartment building in Philadelphia, PA, a 5-story mixed-use building in Queens, NY, and a 14-unit retail and office building in Scarsdale, NY. Four of the eight loans were provided to repeat clients. Since 2009, investors and developers in need of financing have turned to Emerald Creek due to the firm's speed and certainty of execution. Recently Emerald Creek provided an acquisition loan in only 4 days in Jersey City, NJ. New York Life Investments Partners with CBRE to Add Global Infrastructure and Real Estate Strategies to Fund Family:  New York Life Investments today announced that it is bringing additional alternative investment funds into its MainStay Fund lineup through a strategic partnership with CBRE Global Investors, a leading global real assets investment management firm. The partnership includes the launch of two mutual funds: the MainStay CBRE Real Estate Fund and the MainStay CBRE Global Infrastructure Fund, both sub-advised by CBRE Clarion Securities, the listed…