News and Insights from Slate Property Group

Lender provides $305M for 755-unit project in South Bronx

In a housing market hungry for solutions, adaptive reuse might not be the magic answer—but it’s undoubtedly a powerful one.

Fortress, Slate obtain $26.5M refi with New York Life for 65-unit rental in Turtle Bay

This powerful piece pays tribute to the neighborhood's culture. A massive mural stretching 150-feet in the air has taken over the side of a building in the Brooklyn's Brownsville neighborhood. Artist Victor "Marka27" Quiñonez titled the piece "Brownsville King of Love" and said on Instagram that it's "a call to spread love and honor our ancestors by celebrating our cultures, and lifting each other as a community."

The firm's lending activity has reached $1bn year to date.

A former women-only dormitory in Greenwich Village is almost ready for its new life as a celebrity-designed luxury condominium building. The Katharine, developed in collaboration with Slate Property Group, BKSK Architects and designer Nate Berkus — this is the TV personality’s first-ever multifamily project — at 118 West 13th Street, is nearly done with construction and will soon fill its units.

Co-founders and principals at Slate Property Group

Trends such as conversions and a greater awareness of a housing shortage offer hope — but borrowing costs and local opposition can be formidable.

Slate Property Group joins venture to develop Corona housing

Bath + Racquet Residences & Club is a four-story property that was bought by Silver Sky Global Capital in 2022

A collection of eight residences across seven stories, The Katharine was developed by Slate Property Group in partnership with Avenue Realty Capital.

The joint venture between Slate Property Group and Avenue Realty Capital has completed The Welz, a 162-unit partially affordable community in Brooklyn, N.Y.

‍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.

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.

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.

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

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

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

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.