Valuation: More than $150 million

The Real Deal RXR, which last week said it would give some of its properties to its lenders, has clarified that it was in talks over only two properties, in Brooklyn, N.Y., and lower Manhattan. The Uniondale, N.Y., developer owns ...

The Real Deal The New York City Housing Development Corp. and Wells Fargo Bank have led a $414 million construction financing package for the development of a 611-unit affordable-housing project in Manhattan's Inwood section. The 30-story building, at 3875 Ninth ...

Northwind Group has provided $313 million of financing to fund the completion of the 273-unit residential condominium project at 125 Greenwich St. in lower Manhattan. Exterior construction of the 88-story building, which is being developed by a venture of Fortress ...

Steps are being taken that might indicate that the 346-room Club Quarters Hotel in San Francisco is close to selling, according to a report in the San Francisco Business Times. Last month, a consultant requested a zoning verification letter for ...

Commercial Real Estate Direct Staff Report The buzz is that the venture between Varde Partners and Hawkins Way Capital paid $153.93 million, or $235,000/room, for the 655-room former New York Marriott East Side Hotel at 525 Lexington Ave. in Manhattan. ...

A venture of Varde Partners and Hawkins Way Capital has purchased the former New York Marriott East Side Hotel at 525 Lexington Ave. in Manhattan. The venture purchased the 655-room property, which no longer is affiliated with Marriott International Inc., ...

Commercial Real Estate Direct Staff Report The CMBS delinquency numbers for January improved slightly from the month before, with the total volume of loans that are more than 30 days late with their payments declining by 2.84 percent to $18.15 ...

REBusiness Online SkyREM is planning to redevelop the former Schuylkill Arsenal property in South Philadelphia into the Quartermaster Science + Technology Park. The New York developer plans to convert the historic property, which sits on 24 acres at Grays Ferry ...

Commercial Real Estate Direct Staff Report Thorofare Capital last year funded 26 loans totaling $684 million, nearly half of which were against multifamily properties. The Los Angeles alternative lender, like just about every other lender extant, saw a drop in ...

Square Mile Capital Management LLC and Bank OZK have provided $160 million of financing for the construction of the 1.6 million-square-foot first phase of the Goodyear AirPark industrial complex in the Phoenix suburb of Goodyear, Ariz. The property is being ...