search

The Real Deal Logo

Trending

Evictions surge at Hialeah’s luxury apartment projects Shoma Village, Pura Vida and ManorEvictions surge at Hialeah’s luxury apartment projects Shoma Village, Pura Vida and ManorHow NYC fits into the broker commission battleHow NYC fits into the broker commission battleCharles Schwab slashing Chicago office space with big subleasesCharles Schwab slashing Chicago office space with big subleasesLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
New York

NY real estate loan provider goes bankrupt

Sign Up for the undefined Newsletter

Ciena Capital, a New York
provider of real estate loans to small and midsized businesses, filed for bankruptcy in Manhattan today. Ciena has between $100 million and $500 million of assets and liabilities, according to the filing. Before January, Ciena was known as Business Loan Express, and its largest unsecured creditor was the U.S. Small Business Association, which has a disputed $1.78 million claim.