The Real Deal New York

Can developers win in the lending game?

A look at the growing number of RE players financing projects — and who’s thinking long term

July 19, 2016 09:37AM
By Konrad Putzier

A rendering of Bauhouse Group’s tall and skinny condo tower planned for East 58th Street

A rendering of Bauhouse Group’s tall and skinny condo tower planned for East 58th Street

From the July issue: Over the past year, New York’s real estate industry has seen a real peer-to-peer lending boom. A flurry of development firms have launched mezzanine and other debt platforms since mid-2015, blurring the line between lenders and borrowers. The most recent newcomers to the developer-lender arena include Kushner Companies, RXR Realty, Moinian Group and RFR Realty, which joined earlier incumbents such as SL Green Realty Corp., and observers say more will likely follow. [more]

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