merrill lynch

The Latest

Empire State Realty Trust now has access to a lot more capital

by Konrad Putzier | September 05, 2017 01:45PM

Maybe it’s time to buy some buildings again? Empire State Realty Trust landed a new $1.365 billion credit facility...

Americans slow to move into new homes

by Business Insider | July 10, 2014 02:05PM

The household mobility rate, or the percent of the population that moves into a new home in a year, has been in a long-term decline. This trend has been unfavorable for the housing market, which in...

Wall Street exec asks $12M for West Village penthouse

by Angela Hunt | March 03, 2014 02:04PM

A duplex on the highest floor of a star-studded condominium in the West Village has been listed on StreetEasy...

Merrill Lynch’s bad mortgages were allegedly hidden from BofA shareholders before acquisition

June 04, 2012 03:00PM

Bank of America has been punished particularly hard over the last two years by losses and fines resulting from bad mortgages. But according to...

Brookfield buys BofA’s 4 World Financial Center stake, bank renews lease

October 17, 2011 08:24AM

Brookfield Office Properties CEO Ric Clark and 4 World Financial CenterBrookfield Office Properties has struck a deal with Bank...

Paramount recaps at 1633 Broadway, ups stake to 75 percent

August 01, 2011 08:51AM

New York-based investment firm Paramount Group has recapitalized a 49 percent interest in its 2.5 million-square-foot office tower at...

Allstate sues banks over fraudulent sales of mortgage-backed securities

March 02, 2011 02:32PM

Home insurer Allstate has sued Bank of America’s Merrill Lynch unit over claims it fraudulently sold the insurer about...

Construction financing returning to the market

by Michael Stoler | April 20, 2010 12:51PM

It may be hard to believe, but lenders are now actually sending letters of intent to provide construction financing....

FiDi grapples with rising vacancies

March 30, 2010 10:06AM

Lower Manhattan, the country’s best-performing office market, is struggling to hang on to its title as vacancies mount. Though the Financial District fared relatively well during the commercial property slide, demand is no longer...

BofA surges ahead in real estate I-Banking

January 13, 2010 01:04PM

Last year’s Bank of America merger with Merrill Lynch may have resulted in a tangle of litigation, but it also produced a flood of real estate investment banking profits that may have made it...