Commercial Real Estate Direct Staff Report Deutsche Bank has filed a foreclosure suit against the owner of the 500,000-square-foot Kaufman Astoria Studios Campus in Queens, NY The bank provided $340 million of mortgage financing to fund the...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St in Hoboken, NJ The loan allows the property’s...
The Real Deal JPMorgan Chase Bank has provided $417 million of financing for the development of the 875,720-square-foot 570 Fifth Ave office building in Midtown Manhattan The property is being built by Extell Development of New York in partnership...
Commercial Observer A venture led by Patriot Real Estate Holdings has paid $405 million, or $81079/sf, for the 49,951-square-foot office property at 168 Canal St in Manhattan’s Chinatown area Patriot Real Estate, of Nashville, Tenn, teamed...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
Commercial Observer Madison Realty Capital has provided a $90 million loan against the 300-unit Clifton & Co apartment property in the northeast New Jersey city of Clifton Newmark arranged the financing The three-story property, at 691 Clifton...
Commercial Observer Hanover Capital has provided a $258 million loan against the 52,578-square-foot retail property at 10-04 Borden Ave in the Long Island City section of Queens, NY The loan, arranged by HKS Real Estate Advisors, allowed the...
Commercial Observer Thor Equities has paid $56 million, or $96552/sf, for the 58,000-square-foot mixed-use building at 1165 Broadway in the NoMad section of Manhattan The New York investor acquired the six-story property, the former Coleman House...
South Florida Business Journal CIM Real Estate Credit has filed a foreclosure suit against the owner of the Goodtime Hotel in Miami Beach, Fla The 266-room property, at 601 Washington Ave, serves as collateral for a $164 million mortgage that the...
Commercial Observer Citibank has provided $285 million of mortgage financing against the 50,159 square feet of retail space at the base of the apartment property at 484-526 Myrtle Ave in the Clinton Hill section of Brooklyn, NY The loan requires...
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