TRD Staff

New York

Chetrits face more distress in the Financial District

Emma Whalen

Highgate Hotels founders Mahmood Khimji and Mehdi Khimji with JAMP Hotels CEO Jaymin Patel and the La Quinta hotel at 1 South Franklin Street

Chicago

Highgate Hotels sells downtown Chicago La Quinta for $31M

Sam Lounsberry

John Lowenstein and 4520 South Drexel Boulevard, Chicago, IL

Greystone smacks Lowensteins with second Bronzeville foreclosure as CMBS collapse deepens to $54M

20 Times Square and Maefield Development CEO Mark Siffin

Maefield back in familiar territory at 20 Times Square

Rich Bockmann

Soloviev Group's Stefan Soloviev and 9 West 57th Street

9 West sets new record for Manhattan office rent

(back) 1500 Market Street; (front) Dean Adler, CSC Coliving managing partners Alberto Smeke and Salo Smeke

Philadelphia

Centre Square bidding war erupts as NYC developer scoops local offer

Jess Hardin

Nitya Capital's Swapnil Agarwal with The Palace Apartments at 1601 Regency Ct in Arlington and The Interlace Apartments at 3801 Gannon in Dallas

Texas

Houston syndicator hits $70M distress patch after 2025’s blockbuster refi deal

Elizabeth Cryan

AVRS Partners’ Edmond Safra and Aurora Capital’s Bobby Cayre 597 Fifth Avenue

Aurora, AVRS in contract to buy Scribner Building

Metropole Realty Advisors' Robert Siegel and 681 Fifth Avenue

Metropole’s 681 Fifth Ave sells for $100K in credit bid

601W’s David Blumberg and Aon Center at 200 East Randolph Street in Chicago

601W’s Aon Center returns to special servicing amid financial strain 

Austin

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Washington D.C.

Cmbs

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Vanbarton’s Richard Coles and Gary Tischler with 425 Lexington Avenue

Vanbarton reels in $352M refi for nearly full Grand Central office tower

Stefan Solviev with 9 West 57th Street, Scott Rechler with 61 Broadway and Dune Real Estate’s Daniel M. Neidich with Turnbridge Equities founder Andrew Joblon with the Bronx Logistics Center at 980 East 149th Street

Soloviev’s Billionaires’ Row refi tops May’s biggest loans

Washington Capital's Paul Ravetta and 601W Companies' David Blumberg with 717 S. Desplaines Street

601W’s bad week gets worse with $43M foreclosure on Tesla-leased Chicago building

S2’s Scott Everett with 2525 Preston Road, 10201 North Macarthur Boulevard and 3136 Hudnall Street

S2 Capital’s REIT troubles ratchet up with $140M in multifamily foreclosures 

Jeff Krasnoff of Rialto and Rathnaker Patlola with 7420 Central Avenue, 420 William Street and 7411 West Lake Street in River Forest

Rialto’s $34M foreclosure targets shuttered Chicago-area medical empire caught in Patlola vs. Prasad feud

Alena Botros

Seaview Investors’ Robert Alter with 5933 West Century Boulevard

Cmbs

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Chetrits face more distress in the Financial District

Highgate Hotels sells downtown Chicago La Quinta for $31M

Greystone smacks Lowensteins with second Bronzeville foreclosure as CMBS collapse deepens to $54M

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