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The Real Deal New York
LNR’s co-CEOs step down
May 02, 2013 08:30AM
The two top executives at LNR Property have resigned, shortly after the nation’s largest manager of distressed commercial real estate loans was acquired by...
Starwood buys RE loan manager LNR in $1B deal
January 24, 2013 11:30AM
LNR Property, the nation’s largest manager of distressed commercial real estate loans, has been sold to Barry Sternlicht’s Starwood Property in a $1.05 billion deal, Bloomberg News reported....
Loan on large Bronx buildings trades for $31M
October 15, 2012 11:30AM
The defaulted $36.5 million loan on the Robert Fulton Terrace and Fordham Towers in the Bronx sold for $31 million, a release from the...
Ringel faces foreclosure at UWS Food Emporium site
August 09, 2012 06:15PM
Armstrong Capital President Benjamin Ringel, currently facing foreclosure on his Hamptons mansion, is now up against a lawsuit for allegedly defaulting on a $16.3...
Time Hotel, a celebrity favorite, faces $55M foreclosure suit
July 18, 2012 06:00PM
The Time Hotel, the boutique Theater District celebrity haunt from Dream hotelier Vikram Chatwal, is facing a foreclosure suit from special loan servicer LNR...
Rockrose in talks to acquire 575 Lexington Avenue
January 18, 2012 09:30AM
Rockrose Development is in talks to acquire 575 Lexington Avenue for $370 million, according to Bloomberg News, which cited a Real Estate Alert report....
Kushner refinances 666 Fifth Avenue
December 16, 2011 11:09AM
From left: Jared Kushner of Kushner Companies, Vornado’s Steven Roth and 666 Fifth Avenue Jared Kushner’s Kushner Companies has completed a refinancing of its...
Banks and private equity firms begin tussle over Anglo Irish loan portfolio
August 10, 2011 09:20AM
Banks and private equity firms are eagerly throwing their hats in the ring for the approximately $9.5 billion U.S. real estate portfolio on offer...
LNR files $53M LI office building foreclosure
July 29, 2011 03:40PM
LNR Partners, the Miami Beach-based special servicer, has filed a foreclosure suit against Houlihan Parnes Realtors and CLK Properties, alleging the firms defaulted on...
Related could face foreclosure at massive Florida complex
July 25, 2011 05:42PM
From the South Florida website: A foreclosure action is being prepared against CityPlace, a 756,471-square-foot mixed-use center in West Palm Beach owned by New York-based...
Moinian wrangles $84M loan mod at 100 John
July 08, 2011 06:31PM
Joseph Moinian and 100 John Street Developer Joseph Moinian has closed on an $84 million loan extension at the Financial District rental tower the...
Kushner reaches tentative deal with LNR to save 666 Fifth
July 07, 2011 08:39AM
Jared Kushner and 666 Fifth Avenue Developer Jared Kushner of Kushner Companies has come to a tentative deal to rescue his investment in 666 Fifth...
Extell transfers $375M Belnord loan into special servicing
June 28, 2011 08:40AM
The Belnord and Extell’s Gary Barnett Gary Barnett’s Extell Development has transferred its $375 million loan secured by the Belnord to mortgage servicer LNR...
Vornado seeks piece of Kushner’s 666 Fifth
June 17, 2011 05:58PM
From left, Charles Kushner of Kushner Companies, Vornado’s Steven Roth and 666 Fifth Avenue The large office and retail landlord Vornado Realty Trust is...
Scarsdale landlord pays $28M for 10 violation-heavy Bronx buildings
April 22, 2011 03:24PM
Bronx residents in some of the city’s most decrepit buildings got some good news today, as Steve Finkelstein closed on the purchase of 10...
Troubled RFR loan on Chinatown Brasserie space hits the market
March 21, 2011 09:32AM
Aby Rosen and Chinatown Brasserie The retail condominium that houses Chinatown Brasserie may be headed for an ownership battle now that Aby Rosen and...
LNR eyes Cantor’s $600M property loan pool
March 18, 2011 10:13AM
LNR Property is angling to invest in a $600 million pool of Cantor Fitzgerald commercial property loans in what would be its first debt...
Moinian faces foreclosure at FiDi rental tower
February 28, 2011 02:03PM
LNR Partners co-CEO Justin Kennedy and the RenaissanceDeveloper Joseph Moinian is facing a foreclosure suit from LNR Partners, after defaulting on a $93 million...
LNR files to foreclose on Flatiron building
February 03, 2011 10:38AM
From left: 246 Fifth Avenue and an example of structural damage there (inset), and a vacant retail spot in the building The owners of...
Bush Terminal defaults on $300M in loans
January 20, 2011 03:04PM
Two loans backing 16 buildings in the Bush Terminal near the waterfront in Sunset Park, Brooklyn, have been transferred to special servicers following a...
Meet the new CEO of Extell Development
Anthony Scaramucci and EJF Capital split on $3B Opportunity Zone fund
German co-living company raises $300M for US expansion
Avenues School co-founder sells $10M Trump Tower condo
Douglas Elliman hires a new creative head as it plans a rebranding
January 2019 issue
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