Northeast

The Real Deal A venture of Nelson Management, JPMorgan & Co., and L+M Fund Management is taking another shot at selling the 256-unit apartment property at 275 South St. on the Lower East Side of Manhattan. It is now seeking $275...

Commercial Observer Infinity Funds has provided a $37.5 million loan against the Centra, a 164-unit apartment property in the Midtown East section of Manhattan. HKS Real Estate Advisors arranged the financing. The property, at 230 East 44th St., is owned...

Commercial Observer Empire State Realty Trust Inc. has paid $46 million, or $2,149/sf, for the 21,400 square feet of commercial space at 127 Kent Ave. in the Williamsburg section of Brooklyn, N.Y. The New York REIT acquired the space from...

Commercial Observer Ladder Capital has provided a $29.5 million loan against the 176,000-square-foot office property at 260 West 29th St. in Midtown Manhattan. Arrow Real Estate Advisors arranged the financing. New York Community Bank provided $55 million of financing against the...

Commercial Observer JPMorgan Chase Bank has provided a $765 million loan against the 1,102-unit apartment property at 625 Fulton St. in downtown Brooklyn, N.Y. The loan, arranged by Galaxy Capital, allowed the property's developer and owner, Rabsky Group of Brooklyn,...

Commercial Observer MF1 Capital has provided a $64 million loan against the 99-unit Elliot apartment property at 151 South Elliott Place in the Fort Greene section of Brooklyn, N.Y. Landstone Capital Group arranged the financing. The property was constructed last...

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, N.J. The loan allows the property's developer, Taurasi Group...

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 with...

Commercial Observer A venture led by Patriot Real Estate Holdings has paid $40.5 million, or $810.79/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 with investors Joshua Mandelberger,...

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 Ave., is being...