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The Real Deal New York
Wanted: $415M in construction financing for Douglaston’s Hudson Yards project
December 14, 2018 09:30AM
It’s not going to get built by itself. Douglaston Development wants a $415 million construction loan for its multifamily project at 601 West 29th...
Brooklyn North Capital, RiverBrook land $46M loan for Kips Bay condo project
December 05, 2018 10:30AM
UPDATED, Dec. 5, 12:50 p.m.: Brooklyn North Capital and RiverBrook Equities secured a $46 million acquisition and construction loan for their Kips Bay condo...
Cheskel Schwimmer lands $75M construction loan for SoBro towers
December 04, 2018 01:00PM
Another high-rise apartment project is ready to go vertical on the South Bronx waterfront. Cheskel Schwimmer’s Williamsburg-based CGS Developers closed on a $75 million...
Nonbanks eat up lending market share with 40% increase in loan origination
August 22, 2018 01:30PM
While banks struggle with financial regulations, non-conventional lenders are taking a bite out of market share. Nonbanks originated nearly $60 billion last year, a...
Tishman Speyer picks up Pfizer as anchor tenant for Spiral, lands mammoth construction loan
April 10, 2018 09:06AM
Tishman Speyer has officially landed its anchor tenant for its $3.7 billion Hudson Yards office tower, and it comes with one of the largest...
Everything must go: Why time is running out for some NYC condo developers
August 18, 2017 07:30AM
E.B. Solomont and Miriam Hall
From the August issue: The breakup of Linda and Harry Macklowe after 58 years of marriage became quick tabloid fodder. With a vast real estate empire and...
These were the 10 biggest NYC real estate loans recorded in May
June 16, 2017 08:00AM
Construction lending in New York City is tight, but developers and investors landed plenty of it in May. The 10 biggest loans to close...
Tishman Speyer seeking $376M loan for DoBro condo project
April 10, 2017 04:10PM
Tishman Speyer is in the market for a large construction loan for its Downtown Brooklyn condominium project at 11 Hoyt Street. The developer is...
Elad lands $90M loan for 15-story
Hell’s Kitchen condo
April 04, 2017 04:10PM
Yitzhak Tshuva’s Elad Group locked in $90 million in construction financing for a Hell’s Kitchen condominium project. Israel-based Bank Hapoalim is providing the mortgage...
Ceruzzi, Kuafu land $290M construction loan for UES condo
April 03, 2017 06:00PM
Ceruzzi Properties and Kuafu Properties snagged a $290 million construction loan for their condominium project on the Upper East Side. The Children’s Investment Fund...
Reading Int. snags $58M loan for Union Square Theatre
January 05, 2017 04:50PM
Los Angeles-based theater company Reading International secured a $57.5 million construction loan for its redevelopment of the former Tammany Hall.
Rabsky lands $93M construction loan for Rheingold project
December 13, 2016 12:35PM
UPDATED, Dec. 13, 1:13 p.m.: Rabsky Group pulled off $93 million in new construction financing from Bank Leumi for its 400,000-square-foot rental project on the...
Weinberg secures $65M loan for Chelsea office project
October 31, 2016 01:31PM
Weinberg Properties pulled off a $65 million construction loan from a Shanghai-based bank for a new office building in Chelsea. Shanghai Commercial Bank provided...
Brack Capital secures $82.5M loan for West Village project
October 18, 2016 03:05PM
UPDATED, 4:14 p.m., Oct. 18: Shai Shamir’s Brack Capital Real Estate obtained an $82.5 million construction loan from Acore Capital for a planned condominium...
WATCH: Behind Barnett’s big gamble on Central Park Tower
October 13, 2016 12:39PM
Back in 2008, Extell Development founder and president Gary Barnett defied the laws of the recession; in the midst of a collapsed market, his...
SL Green closes on $1.5B One Vanderbilt construction loan
September 28, 2016 09:02AM
SL Green Realty closed on a $1.5 billion construction loan for its $3.1 billion office development One Vanderbilt, the real estate investment trust announced...
Lending constraints put the squeeze on LA developers
September 27, 2016 05:00PM
From the Southern California Market Report: Developers plotting to build in the hot Los Angeles market are bracing for tighter lending conditions, even for...
City to offer low-interest loans to up-and-coming developers
August 12, 2016 12:00PM
So you’re a small-time developer seeking a toehold in the high-stakes real estate industry? No problem. The city’s got your back. In an effort...
Paydirt: Barnett’s high-wire act, the rental retreat, Heiberger’s Town … & more
August 01, 2016 09:00AM
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on...
Navigating the construction lending drought
July 18, 2016 07:00AM
From the July issue: In November 2014, after more than a decade of political disarray and public disappointment, the first World Trade Center tower...
PHOTOS: REBNY’s 123rd annual gala
Knotel has quietly inked 160K sf in leases since December
These are some of the most notable resi sales of the week
Breather taps former mattress startup executive for CEO role
Inside REBNY’s 2019 gala
January 2019 issue
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