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...
Crain’s Chicago Business The condominium board of the Hampden Green in Chicago is offering the 206-unit building for sale Kidder Mathews has been tapped to market the property, which is being pitched as an apartment deconversion opportunity...
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...
San Antonio Business Journal A foreclosure auction has been scheduled for Dec 5 for the Solara, a 285-unit apartment property in San Antonio GVA LLC of Austin, Texas, had defaulted on the property’s $563 million loan, which was provided by...
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...
The Real Deal Beco Management is offering for sale Innovation Park Lake County, a 1 million-square-foot office property in Libertyville, Ill The Rockville, Md, company has hired Eastdil Secured to market the property, which it acquired in 2014 for...
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