Otera Capital Opens Office in New York City
New York, NY (June 1, 2022) – Otera Capital (“Otera”), a major institutional investor based in Canada and which has been active in commercial real estate financing in the United States, announced it has opened an office in New York City via its wholly-owned subsidiary Otera Capital U.S. Inc. (“Otera US”). The office will be led by Alfred Trivilino, Managing Director, U.S. Real Estate Credit.
Carole Handfield joins Otera Capital as a Board director
Otera Capital’s Board of Directors is pleased to welcome Carole Handfield as a Board director.
A newly designed website for continued growth
Welcome to our new website. This new platform better showcases our expertise: innovative financing solutions tailored to our clients’ and partners’ needs, a portfolio of key projects in various asset classes across North America, and a partnership approach based on financial stability, capital deployment flexibility and a vertically-integrated team.
Mélanie Charbonneau is finalist for the prestigious ZSA Award for Legal Advisors in Quebec (PCJQ)
We highlight the nomination of Mélanie Charbonneau, Vice-President, Legal Affairs and Corporate Secretary, as finalist for the Chief of Legal Affairs of the Year category. Her candidacy, submitted by collaborators at McCarthy Tétrault, Blakes and Fasken, is officially part of the finalists for the ZSA Award for Legal Advisors in Quebec’s (PCQJ) 8th edition.
Appointment of four new directors at Otera Capital
Otera Capital is proud to announce the appointment of four new directors who will further diversify and complement the expertise on its Board of Directors.
JEMB secures $235 Million construction loan for One Willoughby Square, class A office tower for downtown Brooklyn
JEMB Realty Corporation (JEMB), a real estate development, investment and management organization headquartered in New York City, today announced the closing of a four-year, $235 million construction loan, one of the largest in Brooklyn to date, for One Willoughby Square, the 500,000 square-foot, contemporary, 34-story office tower in downtown Brooklyn.
Otera Capital grants a US $201 million financing for the development of a luxury multi-housing complex located in San Jose, California.
Holliday Fenoglio Fowler, L.P. (HFF) announces the US $201 million financing for the development of The Reserve, a 636-unit luxury multi-housing community in San Jose, California.