BLUESTONE IN THE NEWS
Press Releases
December 12, 2007 - BLUESTONE REAL ESTATE CAPITAL NAMES DIRECTOR TO ADVISORY BOARD
– BlueStone Real Estate Capital, a Philadelphia-based real estate investment bank, is pleased to announce that former Philadelphia City Controller Jonathan Saidel has been named Director of firm’s Advisory Board.
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November, 2007 - BLUESTONE REAL ESTATE CAPITAL SECURES A $12M PRE-DEVELOPMENT LAND LOAN FOR MIXED-USE DEVELOPMENT SITE IN PHILADELPHIA, PA
BlueStone Real Estate Capital, a Philadelphia based real estate investment bank, has secured a $12M pre-development land loan for the refinance for the Schmidt’s Parcel, an urban 10 acre, mixed-use project located in the heart of Northern Liberties, Philadelphia.
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October 30, 2007 - BLUESTONE REAL ESTATE CAPITAL SECURES $8.3M ACQUISITION AND CAPITAL IMPROVEMENTS LOAN FOR CENTURY OAKS APARTMENT COMPLEX IN SNELLVILLE, GA
BlueStone Real Estate Capital, a Philadelphia based real estate investment bank, has secured a $8.3M acquisition and capital improvements loan for RCMG to acquire Century Oaks, a 132-unit multi-family apartment complex in Snellville, GA.
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August 27, 2007 -
BLUESTONE REAL ESTATE CAPITAL SECURES $48M ACQUISITION AND CONSTRUCTION LOAN FOR ICONIC B&O BUILDING IN BALTIMORE, MARYLAND
BlueStone Real
Estate Capital, a real estate investment bank, has secured a $48M
acquisition and construction loan to acquire the B&O Building on
North Charles Street in Baltimore and convert the property, which
already includes office space, to also include a boutique hotel and
signature restaurant.
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June 27, 2007 -
BLUESTONE
REAL ESTATE CAPITAL ANNOUNCES SECOND TRANSACTION WITH KORMAN
RESIDENTIAL FOR ACQUISITION OF A LUXURY APARTMENT COMMUNITY
BlueStone
Real Estate Capital has announced that it has advised a joint venture
between Korman Residential and its institutional equity partner on
securing $50MM of senior financing to complete the acquisition of River
Chase Apartments, a 776 unit luxury apartment community located in
Temple Terrace, Hillsborough County, FL.
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July 26, 2007 -
BLUESTONE
REAL ESTATE CAPITAL SECURES $22.5MM FINANCING FOR TRINITY CAPITAL
ADVISORS' ACQUISITION OF CASSFORD OFFICE COMPLEX IN BERWYN, PA
BlueStone Real
Estate Capital has announced that it has secured $22.5 MM of fixed rate
acquisition financing on behalf of Trinity Capital Advisors (TCA) for a
131,000 square foot, five building office complex in Berwyn, Pa.
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May 9, 2007 -
BLUESTONE REAL ESTATE CAPITAL LAUNCHES BLUESTONE EQUITY PARTNERS
New company to provide sponsor level equity for top-tier commercial real estate transactions.
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April 26, 2007 -
BLUESTONE REAL ESTATE CAPITAL CLOSES FIRST QUARTER WITH MORE THAN $280MM IN DEALS
BlueStone
Real Estate Capital has closed over $280 million worth of commercial
real estate financings in the first quarter. This quarter marks
the first for BlueStone Real Estate Capital, which was created earlier
this year to service the top 20 real estate owners in the top 20
markets.
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March 27, 2007 -
BLUESTONE REAL ESTATE CAPITAL SECURES $136MM DEBT & MEZZANINE CONSTRUCTION/MINI-PERM FINANCING FOR INTERCONTINENTAL HOTEL
BlueStone
Real Estate Capital secured a $136 million dollar debt/mezzanine
construction loan and a five year mini-perm for the development of an
Intercontinental Hotel in Rosemont, IL.
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March 22, 2007 -
BLUESTONE CAPITAL REAL ESTATE HONORED BY NJPA REAL ESTATE JOURNAL AND PHILADELPHIA BUSINESS JOURNAL
BlueStone Real Estate Capital is the recipient of two prestigious awards this year from both the NJPA Real Estate Journal and the Philadelphia Business Journal.
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