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Commercial Observer Wells Fargo Bank has provided $55 million of financing against the 103-unit Urban apartment property in Queens, N.Y. Meridian Capital Group arranged the floating-rate loan. A venture of Skyview Cos. and institutional investors advised by JPMorgan Global Alternatives ...
Commercial Observer Barclays has provided $38 million of financing against the Richard Pruss Wellness Center, an 84,000-square-foot office building in the Bronx, N.Y. The 10-year loan allowed the property’s owner, Manatus Development Group of New York, to retire $24 million ...
Commercial Observer The Glickberg family is offering for sale the 2.5-acre development site at 2328 12th Ave. in Manhattan. The founders of the Fairway Market chain have hired Cushman & Wakefield to market the site, which offers 219,000 buildable square ...
Commercial Observer Judge Debra A. James of the New York State Supreme Court has ruled that the Gap Inc. owes $24 million in missed rent, interest and attorney fees for the 60,000 square feet of space it leases at the ...
Bldup Redgate Capital Partners is planning a 291-unit apartment property at 22 Whitin Ave. in Revere, Mass., about 10 miles northeast of downtown Boston. The Boston company would demolish the five existing buildings on the 14-acre site and construct a ...
Bldup Greystar Real Estate Partners is developing a 450-unit apartment property at 35 Garvey St. in the Boston suburb of Everett, Mass. The five-story building is about a mile from the 650-unit 85 Boston St. that Greystar already has underway. It ...
Real Estate NJ AMS Acquisitions is planning a 96-unit apartment property at 377 Summerhill Road in East Brunswick, N.J. The New York developer recently acquired the seven-acre site from a venture of the Hampshire Cos. and Diversified Realty Advisors in ...
Real Estate NJ McGowan Builders is planning a 224-unit apartment property in Hackensack, N.J. The project is being proposed for the site at 89, 93, 95 and 107-109 Anderson St. It currently houses vacant buildings that will be demolished. The ...
The Real Deal Blackstone Mortgage Trust has provided $500 million of financing for the construction of the 745-unit apartment property at 227 West St. in Brooklyn, N.Y. The debt is comprised of a $400 million mortgage and a $100 million ...
The Real Deal Hero Construction has lined up $19.5 million of construction financing from Metropolitan Bank for the 119-unit Modern apartment property in East Orange, N.J. The 18-month loan was arranged by Progress Capital. The five-story building, at 45 South ...
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