Commercial Observer Yellowstone Real Estate has paid about $200 million for the distressed loan against the 603,928-square-foot office building at 1740 Broadway in Manhattan. Midland Loan Services, special servicer for the CMBS trust that holds the loan, BWAY Mortgage Trust, ...
Commercial Real Estate Direct Staff Report Orda Management Corp., which owns Manhattan's 225 and 233 Park Ave. South, is expected to default on the 675,756-square-foot office property's $235 million CMBS loan. As a result, the loan has been transferred to ...
Commercial Observer Bank of Montreal and Argentic Investment Management have provided $117 million of financing against Sunrise Tower, the 238-unit apartment property at 620 West 153rd St. in the Harlem section of Manhattan. Bank of Montreal provided about $75 million, ...
Commercial Real Estate Direct Staff Report A venture of SL Green Realty Corp. and PGIM Real Estate has secured an extension for the $360 million loan against 100 Park Ave., an 874,022-square-foot office building in Manhattan. The loan, initially scheduled ...
Commercial Real Estate Direct Staff Report SL Green Realty Corp. has agreed to buy the remaining stake it doesn't already own in 10 East 53rd St., a 366,879-square-foot office property in midtown Manhattan. The New York REIT is buying the ...
Commercial Observer Antares has signed a lease to renew and expand its footprint at 280 Park Ave. in midtown Manhattan, to 76,000 square feet from 55,000 sf. The private equity company will pay $110/sf in rent, in a deal that ...
Commercial Observer Bank Hapoalim and Be Aviv have provided $115 million of financing for the development of a 227-unit apartment project at 2359 Bedford Ave. in the Flatbush neighborhood of Brooklyn, N.Y. The project is being developed by Clipper Equity ...
The Real Deal Barclays and PPM America have hired Newmark to market for sale the 267,641-square-foot office property at 360 Lexington Ave. in midtown Manhattan. The lenders took the property through foreclosure last year after its owner, Savanna, defaulted on ...
Commercial Observer Bank OZK has provided a $62 million construction loan for the development of a 157-unit apartment project at 280 East Houston St. in lower Manhattan. Newmark arranged the financing on behalf of the project's developer, SMA Equities of ...
The maturity date for the $1.08 billion CMBS loan against the 1.5 million-square-foot office building at 280 Park Ave. in midtown Manhattan has been extended to September 2026, with additional options to push it to September 2028. The property is ...
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