LNR’s co-CEOs step down
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 Barry Sternlicht’s Starwood Property in a $1.05 billion deal, the...
LNR
The Latest
Starwood buys RE loan manager LNR in $1B deal
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...
Loan on large Bronx buildings trades for $31M
The defaulted $36.5 million loan on the Robert Fulton Terrace and Fordham Towers in the Bronx sold for $31...
Ringel faces foreclosure at UWS Food Emporium site
Armstrong Capital President Benjamin Ringel, currently facing foreclosure on his Hamptons mansion, is now up against a lawsuit for...
Time Hotel, a celebrity favorite, faces $55M foreclosure suit
The Time Hotel, the boutique Theater District celebrity haunt from Dream hotelier Vikram Chatwal, is facing a foreclosure suit...
Banks and private equity firms begin tussle over Anglo Irish loan portfolio
Banks and private equity firms are eagerly throwing their hats in the ring for the approximately $9.5 billion U.S....
LNR files $53M LI office building foreclosure
LNR Partners, the Miami Beach-based special servicer, has filed a foreclosure suit against Houlihan Parnes Realtors and CLK Properties,...
Moinian wrangles $84M loan mod at 100 John
Joseph Moinian and 100 John Street Developer Joseph Moinian has closed on an $84 million loan extension at the Financial District rental tower the Renaissance, where he had been facing a foreclosure lawsuit from...
Kushner reaches tentative deal with LNR to save 666 Fifth
Jared Kushner and 666 Fifth Avenue Developer Jared Kushner of Kushner Companies has come to a tentative deal to rescue...
Extell transfers $375M Belnord loan into special servicing
The Belnord and Extell’s Gary Barnett Gary Barnett’s Extell Development has transferred its $375 million loan secured by the...