The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
Boston Business Journal Jumbo Capital Inc has paid $485 million for a portfolio of seven office properties in Wellesley, Mass The Quincy, Mass, investor bought the portfolio from Haynes Management Inc of Wellesley Brookline Bank provided a $237...
Crain’s New York Business SL Green Realty Corp might be gearing up to spin off a stake in some of its Manhattan office properties, including the 13 million-square-foot 280 Park Ave Andrew Goldfarb, an analyst with Piper Sandler, noted that the...
The Real Deal A proposed 2,100-unit apartment property in the downtown area of Newark, NJ, has been given the go-ahead by the city’s planning board The project has been proposed by Sinai Equity Group of Brooklyn, NY It would involve adding...
The Real Deal The US Immigration Fund, which had raised capital for the development of the second phase of the Pacific Park residential complex in Brooklyn, NY, has filed to foreclose against $349 million of loans against it The Jupiter, Fla,...
The Real Deal The Fort Lee, NJ, Planning Board has approved Mill Creek Residential Trust’s plans for two neighboring apartment buildings with 425 units The two buildings will be constructed at 41-55 and 90-100 Main St in Fort Lee The property...
Commercial Observer BridgeCity Capital has provided $44 million of financing for the development of a 100-unit apartment property at 526 Baltic St in the Gowanus section of Brooklyn, NY The property is being developed by Borough Developers of...
REBusiness Online Toll Brothers has completed construction of Hathon, a 190-unit apartment property in Medway, Mass, which is roughly 30 miles southwest of Boston The property, at 39 Main St, has units with up to three bedrooms each that have...
The Real Deal Valley Bank, which holds a distressed $120 million loan against the 98-unit Seaport Residences condominium property, has been given court approval to move forward with a foreclosure The property, at 161 Maiden Lane, was being developed...
BBVA has signed a lease for 74,000 square feet at Two Manhattan West, a newly constructed 19 million-sf office building at 389 Ninth Ave in Manhattan’s Hudson Yards area The banking company will vacate 42,000 sf of space it occupies at 1345...
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