Company News

Iron Hound Negotiates Loan Extension on $195M CMBS Note for Two Trees Dallas Office Plaza

Brooklyn-based Two Trees Management Company snagged a loan extension on a $195 million commercial mortgage-backed securities note backed by J.P. Morgan International Plaza I & II, a 756,851-square-foot office complex in the Farmers Branch suburb of Dallas, Commercial Observer has learned.
 

Aurora Capital, Partners Get $120MM Refi at 600 Broadway

Iron Hound, BNY Mellon provide financing for Soho retail building
 

Iron Hound Secures $185M in Two NYC Debt Deals for Chetrit Group

So far December has been a fruitful month for Joseph Chetrit and his family and friends.
 
In the past week, the Chetrit Group and its various joint venture partners closed $185 million in debt across two projects, Commercial Observer has learned.
 

Good News Facility Brings Industry City Loan to $403M

Bank of China and SL Green Realty Corp. have upped their $220 million loan on Industry City to $403 million as part of a “good news facility” that came with the deal, Commercial Observer has learned.
 

IRON HOUND MANAGEMENT COMPLETES COMPLEX RESTRUCTURE OF $317M LOAN ON NATIONAL PORTFOLIO OF 5,400 APARTMENTS



Experts Negotiate Restructuring, Assumption on CMBS Loan Originated by Merrill Lynch and Extinguish Preferred Equity Portion

Margala & Iriarte Join IH Capital

 
Originators Kenneth Margala and Ernie Iriarte have left CCRE and joined IH Capital.

CMBS 3.5? Lender pool diversifies as new entrants to the market, especially smaller shops, proliferate

When Robert Verrone was head of Wachovia Bank’s large loan group, he closed and securitized huge deals—on 650 Madison Avenue, Donald Trump’s office tower at 40 Wall Street and Blackstone’s Boca Raton Resort & Club in Florida, to name a few.

John Garth Joins BNY Mellon – IH Capital

IH Capital has hired veteran origina­tor John Garth as chief risk officer.  The conduit-lending shop is a joint venture between Iron Hound Management, the New York firm headed by Robert Verrone, and BNY Mellon. Garth was for­merly a managing director at Pembrook Capital, where he spent the past eight years. Before that he was chief operating officer at CharterMac and senior credit officer at GMAC Commercial Mortgage.

Iron Hound - BNY Conduit Shop Hires 4

IH Capital, the conduit shop launched this year by Iron Hound Management and BNY Mellon,