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Home > Howard Hughes’ Plan for 400-Unit Apartment Property in Lower Manhattan Advances
The Real Deal Laurence “Larry” Gluck, a well-known New York property owner who in 1985 had founded Stellar Management, has died at the age of 71 He had been diagnosed with ALS, or Lou Gehrig’s disease, in 2013 Gluck got his start...
Shopping Center Business BWE has arranged $665 million of financing for the expansion of Plaza de Perris, a 268,148-square-foot retail center in Perris, Calif The financing includes a $555 million loan that was provided by a life insurance company,...
South Florida Business Journal Bank OZK and Related Fund Management has provided $668 million of financing for the construction of the Waldorf Astoria Hotel & Residences Miami The loan is said to be a record for a condominium project in the...
REBusiness Online Federal Realty Investment Trust has begun work on the 217-unit apartment property at 121 East City Ave in Bala Cynwyd, Pa The Rockville, Md, REIT is redeveloping the site of a former Lord & Taylor store that is a part of the...
Commercial Property Executive Shopoff Realty Investments is planning to develop a 1 million-square-foot industrial property at 20th Avenue and Interstate 10 in Desert Hot Springs, Calif The Irvine, Calif, developer plans to break ground on the...
Crain’s New York Business The Vornado Realty Trust venture that owns the 315,000-square-foot office building at 640 Fifth Ave in midtown Manhattan has paid off its $500 million mortgage, ponying up $100 million of fresh equity and a $400...
Wichita Business Journal Vantage Point Properties is starting construction this week on the Ovation Apartments in Wichita, Kan The developer is building the 252-unit property on a 15-acre site near 37th Street and Ridge Road Ovation will have 10...
BisNow Blackstone Group is in the process of expanding its footprint at the 345 Park Ave office building in midtown Manhattan by 250,000 square feet to 1 million sf It’ll occupy 28 of the 44-story building’s floors The investment manager...
The Real Deal Mitsui Fudosan America is looking to sell its 75 percent ownership stake in the 392-unit apartment property at 525 West 52nd St in the Hell’s Kitchen section of Manhattan The US affiliate of the Japanese developer is seeking a...
Boston Business Journal Hampshire Mall in Hadley, Mass, is headed to foreclosure, and an auction has been scheduled for June 20 The property, owned by Pyramid Management Group of Syracuse, NY, is encumbered by a $2002 million mortgage that’s...
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© 2023 Commercial Real Estate Direct All rights reserved..
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