David Marx

David Marx

David Marx is a developer and the leader of the Marx Development Group.

David Marx Q&A

Why is David Marx significant to the real estate industry?
Marx is a developer whose company, MDG, owns and develops properties in New York City. TRD has covered several of Marx’s developments, including those in Hudson Yards and in Queens. Check out TRD’s research on www.therealdeal.com/new-research/topics/company/marx-development/ for MDG's current buys, sells, and financings.
Want to know more about David Marx?
Check out our Top Stories below for TRD’s most up-to-date coverage of David Marx and MDG.

David Marx Top Stories

March 8, 2019A roughly three-acre development site by the border of Queens and Nassau County owned by David Marx's MDG is hitting the market for about $45 million.
July 31, 2018David Marx’s Marx Development Group has refinanced one of its Hudson Yards hotels with a $125 million loan from the Moinian Group.
May 26, 2017Developer David Marx continues to put the pieces together for an upcoming Aloft hotel at 450 11th Avenue, refinancing the project with $67 million in loans.
March 30, 2017In two separate bond offerings on the Tel Aviv Stock Exchange on Thursday, David Marx's MDG and GFI Real Estate Limited raised $61 million and $69 million respectively.

The Latest

Rare development site in northern Queens hits the market for $45M

Rare development site in northern Queens hits the market for $45M

A roughly three-acre development site by the border of Queens and Nassau County is hitting the market for about...

Rare development site in northern Queens hits the market for $45M
David Marx lands $125M loan from Moinian for Hudson Yards hotel

David Marx lands $125M loan from Moinian for Hudson Yards hotel

David Marx’s Marx Development Group has refinanced one of its Hudson Yards hotels with a $125 million loan from...

David Marx lands $125M loan from Moinian for Hudson Yards hotel
David Marx secures $67M refinancing for Aloft hotel site

David Marx secures $67M refinancing for Aloft hotel site

Developer David Marx continues to put the pieces together for an upcoming Aloft hotel at 450 11th Avenue, refinancing...

David Marx secures $67M refinancing for Aloft hotel site
GFI and Marx raise north of $60M apiece in Tel Aviv bond offerings

GFI and Marx raise north of $60M apiece in Tel Aviv bond offerings

In two separate bond offerings on the Tel Aviv Stock Exchange on Thursday, David Marx’s Marx Development Group and...

GFI and Marx raise north of $60M apiece in Tel Aviv bond offerings
David Marx to operate new Hudson Yards building as Aloft hotel

David Marx to operate new Hudson Yards building as Aloft hotel

Hotelier David Marx unveiled new renderings for his latest Hudson Yards project, which will fly Starwood Hotels & Resorts...

David Marx to operate new Hudson Yards building as Aloft hotel
David Marx Hudson Yards

Moinian lends $65M to David Marx for Hudson Yards hotel

Developer David Marx secured a $65 million land loan from Joseph Moinian’s Moinian Group to finance construction of a...

Moinian lends $65M to David Marx for Hudson Yards hotel
David Marx Jeff Sutton

Marx offering underwhelms as Tel Aviv braces for massive Wharton debt issuance

While developer David Marx’s debt issuance on the Tel Aviv Stock Exchange earlier this week fell considerably short of...

Marx offering underwhelms as Tel Aviv braces for massive Wharton debt issuance
David Marx expected to raise $40M on Israeli bond market

David Marx expected to raise $40M on Israeli bond market

David Marx is set to become the latest New York-based real estate developer to tap into Israel’s burgeoning corporate...

David Marx expected to raise $40M on Israeli bond market
This time it’s different: David Marx eyes groundbreaking on 2nd Hudson Yards hotel

This time it’s different: David Marx eyes groundbreaking on 2nd Hudson Yards hotel

Developer David Marx, who already has a hotel under construction in Hudson Yards, is planning to break ground next...

This time it’s different: David Marx eyes groundbreaking on 2nd Hudson Yards hotel
Hudson Yards Marriott developer secures $60M bridge loan

Hudson Yards Marriott developer secures $60M bridge loan

Developer David Marx has secured a $60 million bridge loan from the Related Companies and Highbridge Principal Strategies to...

Hudson Yards Marriott developer secures $60M bridge loan
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