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Home > Emerald Equity Seen Giving Up on Rent-Stabilized Apartment Portfolio in New York City
ConnectCRE RedGate has completed work on Gibson Point, a 291-unit apartment property in Revere, Mass The property, at 1 Gibson Way, includes a fitness center, sauna and cold-plunge pools RedGate of Boston will begin pre-leasing on June 1, with...
Commercial Real Estate Direct Staff Report The Herald Center mixed-use property, with 249,063 square feet in Manhattan, has had its appraised value lowered by 52 percent to $276 million That’s just $31 million more than is owed against the...
Commercial Real Estate Direct Staff Report The $2065 million of CMBS financing against Cascade Station I & II, a 127,718-square-foot office property in Portland, Ore, has been sent to special servicing as it wasn’t paid off at its maturity...
Commercial Real Estate Direct Staff Report The $1685 million CMBS loan against the 536,520-square-foot office property at 522 Fifth Ave, which hasn’t received a payment since January, has transferred to special servicing In addition, the...
The Real Deal Monarch Alternative Capital has taken a stake in the limited liability company that owns Pendry West Hollywood, a 149-room hotel and 40-unit condominium property at 8430 Sunset Blvd in West Hollywood, Calif That LLC is comprised of...
Houston Business Journal The 284,896-square-foot office building at 2425 West Loop South in Houston is being offered for sale at a bankruptcy auction Hilco Real Estate Sales of Northbrook, Ill, is overseeing the auction Bids for the 11-story...
Commercial Real Estate Direct Staff Report Procaccianti Hotel REIT Inc has lined up $2367 million of financing from Liberty Bank, allowing it to refinance a pair of CMBS loans totaling $2303 million against a pair of its hotels, in St Petersburg,...
Commercial Real Estate Direct Staff Report The 740,387-square-foot office building at 1440 Broadway in midtown Manhattan has had its appraised value lowered to $320 million as of last month, from the $540 million value pegged to it three years ago,...
Crain’s New York Business Joel Schwartz has filed plans with the Department of City Planning to construct a 117-unit apartment property at 236 Gold St in downtown Brooklyn, NY The local developer acquired the development site in 2022 for $37...
BisNow Procaccianti Cos plans to demolish the 274-room Hilton hotel it owns at 21 Atwells Ave in Providence, RI, and construct a 216-unit apartment property in its stead It’s the second time the Cranston, RI, hotel owner has proposed such a...
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© 2023 Commercial Real Estate Direct All rights reserved..
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