The Real Deal Safra National Bank has provided a $100 million loan against a pair of office buildings at 42 Greene and 90 Grand streets in Manhattan’s SoHo area Newmark arranged the financing, which allowed the buildings’ owner, Zar...
Commercial Observer Chetrit Group and Stellar Management have secured a $365 million loan from Citigroup, BMO Capital Partners and Starwood Property Trust against the 850-unit Park West Village apartment property on the Upper West Side of Manhattan...
REBusiness Online A subsidiary of National Realty & Development Corp has secured $235 million of financing against North Haven Pavilion, a 148,277-square-foot shopping center in North Haven, Conn Cronheim Mortgage of Chatham, NJ, arranged the...
The Real Deal HUBB NYC Properties has purchased the 130-unit apartment building at 150 Union Ave in the Williamsburg section of Brooklyn, NY, for $768 million, or $590,769/unit The New York apartment owner bought the property from its developer,...
Commercial Observer Largo Investments has sold its recently completed 21,000-square-foot office building at 17 North 7th St in the Williamsburg section of Brooklyn, NY, for $24 million, or $1,143/sf The buyer, Shawnick Williamsburg LLC of New York,...
The Real Deal Triple Five Group, owner of the American Dream Mall in East Rutherford, NJ, has missed an $88 million payment on municipal bonds that was due Monday The bonds were used to help fund mall’s development The missed payment, however,...
New York YIMBY Construction of the exterior of 1162 Broadway, a 13-story office building in the North of Madison Square Park, or NoMad, section of Manhattan, has been completed The property, between West 27th and West 28th streets, is being...
Commercial Observer Related Fund Management has paid $61 million, or $18066/sf, for the 337,659-square-foot Packard Building mixed-use property in the Long Island City section of Queens, NY The family that started cosmetics giant Mana Products sold...
The Real Deal The Chetrit Group has secured $185 million of financing to fund the renovation of the 570-room Hotel Carter in Manhattan Mack Real Estate Credit Strategies provided the financing, which was arranged by Surya Capital Partners The loan...
The Real Deal Law firm Kaufman Borgeest & Ryan has signed a 15-year lease for 27,000 square feet at 875 Third Ave in midtown Manhattan The law firm is moving from 48,000 sf it leases at 120 Broadway in the borough’s Financial District JLL...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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