Maefield Development | The Real Deal New York

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Maefield Development

200 West 67th Street
New York, NY 10023
(317) 805-0707
Website
bquinn@maefield.com

Maefield Development is a privately owned real estate developer that began operating in 1991. While their headquarters are located in Indiana, they have developed mixed-use property in New York, California, Ohio, Kansas and Florida. Maefield Development has been involved in the development or sale of over 6 million square feet of retail and office space and over 4,600 single and multi-family residences. The company describes itself as agile and flexible and their list of projects is a testament to that, having developed beach front condos and suburban shopping centers. Possibly their most prolific project, Maefield developed 20 Times Square with Witkoff Group, Vector Group, Ian Schrager and Winthrop Realty Trust.


10/02/18
...under construction at 701 Seventh Avenue. Mark Siffin’s Maefield Development bought out partners — including Steve Witkoff, Michael Ashner’s Winthrop Realty Trust, Howard Lorber...

09/20/18
...Times Square, a hotel and retail project from Maefield Development. Natixis securitized a $600 million mortgage in August for the site, which is expected to...

08/29/18
...French bank Natixis securitized its $600 million mortgage for Maefield Development’s hotel and retail project at 20 Times Square, according to records filed with the...

08/29/18
...among other projects. It’s also partnered with Maefield Development and L&L Holding Company on TSX Broadway, a Times Square hotel-and-retail development...

07/19/18
...financing that has become vital to developers. Between Maefield Development’s Edition hotel at 701 Seventh Avenue and 1568 Broadway, a hotel project also known as...

07/10/18
...ArX Solutions) More than 100 Chinese EB-5 investors in Maefield Development...

07/06/18
...billion purchase of the Chelsea Market building  and Maefield Development’s $1.53 billion buyout of its partners at 701 Seventh Avenue. Silverstein recently bought the ground...

...financing that has become vital to developers. Between Maefield Development and Fortress Investment Group’s Edition hotel at 701 Seventh Avenue and 1568 Broadway, a hotel...

06/28/18
...project near Times Square known as TSX Broadway. Maefield Development and its partners plan to build a 47-story building with 663 hotel rooms plus retail...

06/18/18
...global asset manager also has equity stakes in Maefield Development and L&L Holding’s TSX Broadway project in Times Square as well...

06/18/18
...the full list below: 1) Times Square 2.0 - $1.4 billion Maefield Development has bet big on the future of Times Square, acquiring the hotel-and-retail project at...

06/13/18
...financing that has become vital to developers. Between Maefield Development’s Edition hotel at 701 Seventh Avenue and 1568 Broadway, a hotel project also known as...

06/12/18
...billion purchase of the Chelsea Market building and Maefield Development’s $1.53 billion buyout of its partners at 20 Times Square. A Cushman & Wakefield team...

06/06/18
...project that was reviewed by The Real Deal. Maefield Development, Fortress Investment Group and L&L Holding Company plan to close the Palace...

...global asset manager also has equity stakes in Maefield Development and L&L Holding’s TSX Broadway project in Times Square as well...

04/30/18
...Solutions) UPDATED, April 30, 5:58 p.m.: Mark Siffin’s Maefield Development closed Monday on the massive buyout of its partners in the hotel-and-retail project known...

04/27/18
...Mark Siffin From the April issue: Before Maefield Development and a group of partners could start on their mixed-use megaproject branded as 20 Times...

...Mark Siffin Before Maefield Development and a group of partners could start on their mixed-use megaproject branded as 20 Times...

03/13/18
...Witkoff, Ian Schrager, Winthrop Realty Trust, along with Maefield Development and Fortress Investment Group. In February, Maefield and Fortress signed a contract to buy...

02/27/18
...Square Marriott Edition to a joint venture between Maefield Development and Fortress Investment Group, in a deal valuing the property at $1.53 billion. Witkoff and...

02/26/18
...to a joint venture between Softbank-owned Fortress and Maefield Development. As my colleagues Mark Maurer and Christian Bautista reported last week, Witkoff and co...

02/21/18
...Getty Images and Maefield) UPDATED, 2:24 p.m., Feb. 21: Maefield Development and Fortress Investment Group are buying out their partners Steve Witkoff, Ian Schrager, Howard...

01/12/18
...and and Michael Tepedino UPDATED, Jan. 13, 1:45 p.m.: Maefield Development, Fortress Investment Group and L&L Holding Company are looking for a $1.3 billion...

11/14/17
...investors, which includes Douglas Elliman CEO Howard Lorber, Maefield Development, Winthrop Realty Trust and Ian Schrager, paid $30 million to buy out the previous owners...

10/20/17
...from Tishman Speyer, according to Real Capital Analytics. Maefield Development, Fortress Investment Group and L&L Holding paid $200 million in July to buy...
  • Event Financing
  • Address 701 Seventh Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 369,864
  • Price $ 2,000,000,000
notes
The owner secured $2 billion in acquisition financing for the Times Square property.
  • Event Sales
  • Address 701 Seventh Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 369,864
  • Price $ 1,530,000,000
notes
The partnership acquired the Midtown West Marriott Edition Hotel for $1.53 billion.
  • Event Sales
  • Address 1568 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Price $ 54,000,000
  • Publication Date 02/01/2016
  • Event Date 12/23/2015
  • Party 1 Doubletree Guest Suites
  • Party 2 Maefield Development
notes
The 468-room hotel sold for $54 million.
Manhattan, 10036
WITKOFF GROUP, 701 SEVENTH PROPERTY OWNER LLC
...
Manhattan, 10036
WITKOFF GROUP, 701 SEVENTH PROPERTY OWNER LLC
...