esplanade capital


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CIM takes control of 34th Street extended-stay hotel tower

CIM takes control of 34th Street extended-stay hotel tower

Los Angeles- based CIM Group has officially taken control of an extended-stay hotel tower at 47 East 34th Street, according...

CIM takes control of 34th Street extended-stay hotel tower
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This year’s highest-priced state court auction in Manhattan set for Murray Hill tower

From left: David Scharf and Jay Eisenstadt and 47 East 34th Street (building credit: PropertyShark)Manhattan’s largest state court foreclosure auction of the year is...

This year’s highest-priced state court auction in Manhattan set for Murray Hill tower
Sliver tower owner files for Chapter 11

Sliver tower owner files for Chapter 11

New York City real estate company 785 Partners LLC, owner of 785 Eighth Avenue, has filed for Chapter 11 bankruptcy protection, Bloomberg News reported, citing assets and debt of $100 million to $500 million...

Sliver tower owner files for Chapter 11
AG investigating stalled W. 48th Street condo

AG investigating stalled W. 48th Street condo

Eric Schneiderman and 306 West 48th Street Attorney General Eric Schneiderman has begun to issue subpoenas in an investigation...

AG investigating stalled W. 48th Street condo
CIM Group acquires loan at 47 East 34th Street extended-stay tower

CIM Group acquires loan at 47 East 34th Street extended-stay tower

CIM principal and co-founder Richard Ressler, 47 East 34th Street (source: PropertyShark) and iStar CEO Jay Sugarman Istar Financial...

CIM Group acquires loan at 47 East 34th Street extended-stay tower
CIM in talks with iStar on BridgeStreet tower

CIM in talks with iStar on BridgeStreet tower

From left: Esplanade’s David Scharf, iStar’s Jay Sugarman and 47 East 34th Street (building photo source: PropertyShark) CIM Group...

CIM in talks with iStar on BridgeStreet tower
Esplanade and iStar close to sale of East 34th Street tower

Esplanade and iStar close to sale of East 34th Street tower

From left: Esplanade’s David Scharf, iStar’s Jay Sugarman and 47 East 34th Street (building photo source: PropertyShark) Esplanade Capital...

Esplanade and iStar close to sale of East 34th Street tower
Istar wins foreclosure case against Esplanade

Istar wins foreclosure case against Esplanade

Jay Sugarman, head of iStar, and 47 East 34th Street (building photo source: PropertyShark) A State Supreme Court judge...

Istar wins foreclosure case against Esplanade
Receiver appointed at $84 million Midtown hotel and condo foreclosure

Receiver appointed at $84 million Midtown hotel and condo foreclosure

PB Capital, the American subsidiary of Deutsche Postbank, was granted a receiver last month to oversee Sorrento New York,...

Receiver appointed at $84 million Midtown hotel and condo foreclosure
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BridgeStreet avoids eviction at 47 East 34th Street in Istar foreclosure case

47 East 34th Street A State Supreme Court judge ruled that the receiver at a Midtown office complex must...

BridgeStreet avoids eviction at 47 East 34th Street in Istar foreclosure case

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