New Carlton Vehicle to Fund $300M in First Mortgages (Commercial Property News)

At a time when many big banks are reducing how much business they give to mortgage brokers, New York-based Carlton Strategic Ventures L.L.C.–the principal transaction group of Carlton–has formed a $300 million first mortgage joint venture with an institutional real estate investment firm that will originate first mortgage loans up to a 65 percent loan-to-cost ratio.

Source:New Carlton Vehicle to Fund $300M in First Mortgages (Commercial Property News)

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