Wolkoff family firm snags $350M loan for 5Pointz
The Wolkoff family’s real estate firm snagged $350 million in financing from JPMorgan Chase for its apartment project at...
lending
The Latest
National Insights
Return of the non-banks: Alternative lenders show signs of life
The third quarter of 2020 was another slow one for commercial real estate lending, with the pace of commercial...
National
Applications for mortgages to buy homes drop
Homebuyers took some time off last week as homeowners got busy. An index tracking the volume of mortgage applications...
Multifamily lender saw delinquent loans double in Q1
M&T Bank, a Buffalo-based lender with a $36 billion commercial real estate portfolio and $4.2 billion in multifamily loans,...
National
Tune in for the latest in commercial lending on tonight’s TRD Talks Live
With offices and shops shuttered, hotels at low occupancy rates and restaurants relegated to delivery, the commercial sector has...
New York’s construction ban puts some lenders at higher risk
New York’s construction shut-down leaves lenders holding the bag as projects stall under a statewide order. Over the last...
Coronavirus chaos driving lenders to safer projects amid low interest rates
UPDATED, 5:26 p.m. March 13: Maddd Equities and Joy Construction recently landed a $45 million refinancing for their luxury...
Ex-media chiefs admit to buying NY, Cali real estate with stolen millions from lenders
Two former news media top executives pleaded guilty to a scheme in which they fraudulently secured $35 million in...
Miami
“No one should be lending for 30 years in most of Florida,” financial climate analyst warns
Real estate lenders and investors are ignoring the rising threat that climate change poses in Florida, which could spell disaster for the state’s economy,...
Issue
Battle of the banks: These were NYC’s most active luxury home lenders in 2018
Last year, Luxury Mortgage Corporation’s Mira Dick worked with a former Wall Street banker who was having trouble locking...