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News Stories (34 Results) - BHI

BHI announced that it has closed a $10 million revolving line of credit for AM West, a Medipower Group company. The line of credit, based on this real estate holding company’s net asset value in its 17 properties, will provide the company with... Read Story
August 11, 2023, 08:00 AM

BHI closed a $50 million capital call line of credit facility for Naftali Shaked Partners II LP (“NSP II”). The financing provides a one-year line of credit that the fund will deploy for ongoing acquisitions.NSP II with leadership by Naftali Credit... Read Story
July 20, 2023, 07:18 AM

BHI provided a $65,340,000 construction loan to NuVerse Advisors LLC to finance the development of 30-55 Vernon Boulevard, located in Astoria, Queens, New York.Upon completion, 30-55 Vernon Boulevard will be a nine-story ground-up mixed-use... Read Story
July 03, 2023, 08:00 AM

BHI closed a $90 million capital call line of credit facility for Yellowstone Real Estate Investments. The financing provides a one-year line of credit that the company will employ for ongoing property acquisitions. Headquartered in Manhattan... Read Story
June 30, 2023, 07:30 AM

BHI announced that its International Commercial & Industrial Team has provided a $40 million credit facility for the issuance of standby letters of credit to a premier global insurance company. The facility, backed by the premier global insurance... Read Story
June 27, 2023, 07:16 AM

BHI provided a $6 million loan to refinance 1444 Drexel Avenue, Miami Beach, Florida. The loan provided by BHI will enable the Casa Victoria Orchid Hotel to further enhance the guest experience through strategic improvements and upgrades.Located in... Read Story
June 20, 2023, 06:00 AM

BHI provided a $29.25 million loan to ZDJ Jamaica LLC. Funds from this loan will finance the construction of 138-45 Jamaica Avenue, located in Jamaica, Queens.Upon completion, 138-45 Jamaica Avenue will be a seven-story ground-up mixed-use... Read Story
June 09, 2023, 07:06 AM

BHI granted a $20 million credit facility to Lendbuzz for working capital and general corporate purposes. This transaction exemplifies BHI’s commitment to the Tech industry and will support Lendbuzz’s further growth. Established in 2015 and... Read Story
June 08, 2023, 07:49 AM

BHI closed the refinancing of a $30 million loan for a senior living facility with 199 beds in Davie, Florida. The borrower is Royal Senior Care, which owns and operates senior living facilities in the Southeastern United States with a primary focus... Read Story
March 01, 2023, 07:00 AM

BHI appointed Nitin Aeri as Head of Cash Management. Nitin brings to BHI more than 12 years of experience in Treasury and Cash Management across commercial, corporate and multinational client segments covering the management of product P&L, sales... Read Story
January 19, 2023, 07:00 AM

BHI provided an $80 million construction loan to 200 East 20th St LLC. Owned by the Tidhar Group affiliate, the 200 East project is a development of a new condominium building located at 20th Street and Third Avenue in the Gramercy Park neighborhood... Read Story
January 12, 2023, 07:36 AM

BHI appointed Danielle Ofek as Head of High Tech. Ofek has more than 15 years of experience founding and leading technology start-ups and serving as an executive in the corporate technology sector.  “Technology is a critical and strategic growth... Read Story
November 15, 2022, 07:00 AM

BHI closed on a $42.5 million term loan for TL Management, a company that owns skilled nursing facilities across the country.“The TL team was incredibly professional to work with and their experience and knowledge of the business shines through.  We... Read Story
October 31, 2022, 07:50 AM

BHI announced that its Consumer & Industrial Group has provided $18.35 million in financing for Allstate Sales Group (ASG), a provider of telecom and electric infrastructure engineering, design and construction services.  The financing consists of a... Read Story
July 15, 2022, 07:27 AM

BHI announced that its International Consumer & Industrial Team has provided a $20 million revolving loan for North Shore Components, Inc., a global OEM distributor of electronic computer parts, components and hardware based in Bellport, New... Read Story
May 05, 2022, 07:00 AM

BHI announced that its Commercial Real Estate Group is continuing to expand its team and breadth of products. As part of its growth, BHI has appointed two new executives to its CRE team. David Jeddah has joined the bank as Vice President and... Read Story
May 04, 2022, 07:40 AM

BHI's Commercial and Industrial Group closed $45 million in new financing transactions for two New York companies. BHI has provided a $40 million revolving line of credit for Veja Electronics, Inc., an electronics distributor specializing in... Read Story
January 20, 2022, 08:00 AM

BHI announced that its Commercial and Industrial Group has closed $1.1 billion in transactions year-to-date 2021. BHI’s C&I Group handles financing for commercial and industrial companies in the middle market and encompasses sectors including private... Read Story
November 09, 2021, 08:00 AM

BHI announced that its Healthcare Group has provided $31.1 million to Lionstone Care for the acquisition of an assisted living and memory care facility in Southern New Jersey.  The facility has 110 units and is licensed for 130 beds.  Amenities at... Read Story
September 28, 2021, 07:04 AM

BHI announced that its Food & Beverage Group closed a total of $100 million in new financing transactions. The robust volume of transactions reflects the continued expansion of BHI’s Food & Beverage Group.For Citromax Group and Citromax International... Read Story
September 10, 2021, 07:55 AM

BHI promoted Oleg Kochanov to the position of Chief Credit Officer. Kochanov, who joined BHI in 2019 as Senior Vice President, Head of Credit Underwriting, has more than 20 years of experience in loan underwriting, structuring, and portfolio and... Read Story
August 17, 2021, 07:29 AM

BHI arranged $102.7 million in construction financing for Naftali Group’s latest development at 1165 Madison Avenue, a new 13-story luxury condominium on Manhattan’s Upper East Side.  The borrower is the Naftali Group, developer of the project. BHI... Read Story
June 03, 2021, 07:00 AM

BHI launched a new Not-For-Profit division providing customized financial solutions to nonprofits including educational, healthcare, cultural and performing arts, social services, community, and membership organizations. The division is headed by... Read Story
May 12, 2021, 07:45 AM

BHI announced a restructuring of the bank’s business team to accommodate its current growth, fulfil the execution of BHI’s strategic plan, position the bank for further expansion and reinforce its industry expertise in specific sectors. John Yoler... Read Story
May 03, 2021, 08:12 AM

BHI's Healthcare Group arranged $41,860,000 in construction financing for the Oasis at Coral Reef, a new 217,123-square-foot luxury senior living facility under development in Miami, adjacent to Jackson South Medical Center.  BHI has provided... Read Story
April 19, 2021, 06:00 AM

Xcel Brands entered into a refinancing of its existing credit facility. The refinancing provides an initial $25 million term loan under a facility jointly provided by BHI and First Eagle Alternative Credit, and up to an additional $25 million for... Read Story
April 16, 2021, 06:00 AM

BHI, a full-service commercial bank, announced that its Commercial & Industrial Group has closed a $6 million credit facility for Pisec Group America LLC.  The financing provides a one-year line of credit that the company will employ for working... Read Story
March 15, 2021, 08:26 AM

BHI, a full-service commercial bank, announced that its Specialty and Sponsor Finance Group continued to maintain a high level of activity for new and existing clients during the peak of the global pandemic. The team’s most recent deals include a $55... Read Story
October 20, 2020, 08:20 AM

BHI, a full-service commercial bank, announced that it has appointed Jeff Lubatkin as Chief Credit Officer, overseeing the bank’s credit and credit analysis departments. Lubatkin has more than 25 years of commercial and corporate banking, credit risk... Read Story
August 03, 2020, 08:55 AM

BHI, a full-service commercial bank, announced the appointment of Oleg Kochanov as Senior Vice President, Head of Credit Underwriting.  Kochanov joins BHI to lead the bank’s new independent underwriting team.  He brings to BHI more than 20 years of... Read Story
October 16, 2019, 08:45 AM

BHI, a full-service commercial bank, announced that it has appointed Andrea S. Kantor Head of Healthcare and Not-For-Profit. Kantor will oversee a team of specialized professionals delivering financing and banking solutions to BHI clients in the... Read Story
October 03, 2019, 08:35 AM

BHI announced the appointment of Louis Barone as Senior Vice President, Team Leader of Middle Market General & Brand Financing.Barone has more than 35 years of experience in all aspects of factoring, commercial finance and risk management. He was... Read Story
May 31, 2019, 09:00 AM

BHI announced the appointment of Diane D’Erasmo to its Advisory Group.“Diane D’Erasmo brings an unsurpassed knowledge of multiple areas of banking, from investment banking to operations, in the US and abroad. She speaks the languages of finance, risk... Read Story
April 25, 2019, 08:40 AM

BHI announced that it provided a $47 million bridge loan to refinance the Moxy, a hotel located at 1011 K Street NW in downtown Washington, D.C. The borrower is Douglas Development Corporation (DDC). Located in one of Washington DC’s fastest growing... Read Story
January 15, 2019, 07:21 AM