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City: New Rochelle
New Rochelle, N.Y., Hotel Project Files for Bankruptcy
The Real Deal A 225-room hotel project in New Rochelle, N.Y., has filed for Chapter 11 bankruptcy. Ward Capital Management, a Dobbs Ferry, N.Y., developer, had received approval last summer to build the 24-story property at 115 Cedar St. It ...
Skyline New Rochelle apartment building/40 Memorial Highway
95.6 percent occupied.
La Rochelle/255 Huguenot St.
95 percent occupied. La Rochelle had been encumbered by a $72 million loan that was securitized through FREMF, 2010-K9. The loan matures next May and is locked out from prepayment until February, so it's been defeased, or replaced with government ...
Avalon at the Sound/255 Hugenot St.
96.7 percent occupied. The Secaucus, N.J., investment firm is financing the purchase with an $80 million Freddie Mac loan that was arranged by CB Richard Ellis Capital Markets.
New Roc City
deal is for a stake and values the property at $105 million
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