HNA Property lands Massey Knakal’s first big loan
Massey Knakal’s Capital Services division has lent HNA Property Holdings, a subsidiary of a Chinese airline, $80 million to...
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Yankees’ Ichiro Suzuki checks out Midtown’s Cassa, as apartment search heats up
Ichiro Suzuki, the newest member of the Yankees, has apparently beefed up his search for a Manhattan residence. The...
Cassa Hotel to be purchased, rebranded
PCCP has agreed to provide a $65 milion senior loan to finance a Chinese company’s acquisition and repositioning of the Cassa Hotel & Residences at...
Anglo sues Assa over $18.5M 8th Ave. default
Anglo Irish Bank filed a foreclosure suit against Assa Properties, alleging the Manhattan-based developer defaulted on an $18.5 million...
Cassa hotel portion in contract for $130M
Assa Properties has inked a “binding” contract to unload the hotel portion of its bankrupt Cassa Hotel and Residences for $130 million, the developer announced today. Assa said the proceeds will be used to...
Cassa condo-hotel files for bankruptcy
The developer of the Cassa NY Hotel and Residences near Times Square has filed for bankruptcy protection for the project, citing legal battles that have made it difficult to move units. According to the...
Prodigy replaces Marketing Directors at Cassa
In a bid to attract more foreign buyers, the developer of Midtown condominium-hotel Cassa has hired brokerage Prodigy International...