The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
New York Business Journal Evergreen Peak has paid $437 million, or $2,731/sf, for the 16,000-square-foot mixed-use property at 90 Wooster St in the SoHo section of Manhattan The New York developer acquired the property, with office and retail...
South Florida Business Journal Avery Cypress LLC has lent $45 million for the construction of Avery Cypress Creek, a 200-unit apartment complex in Fort Lauderdale, Fla The Great Neck, NY, lender provided the financing to Meyers Group of Hallandale...
South Florida Business Journal A venture of Kolter Group and BH Group has paid $26 million, or $412,698/room, for the 63-room Normandy Plaza Hotel in Miami Beach, Fla Kolter, of Delray Beach, Fla, and BH, of Aventura, Fla, bought the property from...
Dallas Morning News Loews Hotels & Co has proposed building a 507-room property in the Dallas suburb of Arlington, Texas The New York hospitality company will invest more than $500 million into the hotel, which will be its third in...
Commercial Observer Apollo Global Management has provided a $220 million loan to fund the conversion of the 400,294-square-foot office property at 101 Greenwich St in downtown Manhattan into 614 apartments Quantum Pacific Group purchased the...
Commercial Observer A bank group led by TD Bank has provided $83 million of mortgage financing against the 175,000-square-foot office property at 100 Crosby St in the SoHo section of Manhattan The property is owned by GFP Real Estate, which will use...
Commercial Observer EliseAI has signed a lease for 109,000 square feet at the 218,162-sf 401 Fifth Ave office building in Midtown Manhattan The artificial intelligence company will relocate from the 26,582 sf it occupies at 33 East 33rd St JLL...
Commercial Real Estate Direct Staff Report Ardent Cos has provided $10 million of financing to fund the redevelopment of a former Rodeway Inn in Kissimmee, Fla, near the entrance to Walt Disney World, into an upscale Ascend Hotel The floating-rate...
Commercial Observer Blackstone has paid $45 million, or $2,192/sf, for the 20,526-square-foot mixed-use property at 113 Spring St in the SoHo section of Manhattan The investment giant acquired the property from Morgan Stanley, which bought it 10...
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