Essex Crossing developers sew up $200M in construction financing
The developers behind the $1.5 billion Essex Crossing megaproject on the Lower East Side have secured $200 million in...
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M&T Bank’s CEO Bob Wilmers dies at 83
Bob Wilmers, who took M&T Bank from a struggling lender in Buffalo to a regional powerhouse with $120 billion...
M&T provides $217M to refi Empire Stores
Midtown Equities — and its partners Rockwood Capital and HK Organization — scored a $217 million loan to refinance...
BK nursing home gets $80M construction loan for renovation
Centers Health Care just scored an $80 million construction loan for its conversion of an abandoned Crown Heights hospital...
Here’s what Brooklyn’s multifamily players fear most
The Brooklyn real estate market has several bogeymen, and on Wednesday, some of the borough’s leading multifamily investors and...
Tribeca Associates secures $96M loan for 30 Broad deal
Tribeca Associates is financing its acquisition of the 47-story office tower at 30 Broad Street with a $96.2 million...
Flank, Carlyle Group secure $175M loan for the Boerum
Developers Flank and the Carlyle Group secured a $175 million construction loan to fund The Boerum condominium project at 265...
Feds to investigate Hudson City for alleged discriminatory lending
Federal authorities have launched an investigation into Hudson City Bancorp for alleged discriminatory lending practices. The Justice Department and Consumer Financial...
Rudin locks in $525M construction financing for St. Vincent’s
William Rudin and the St. Vincent’s Hospital siteThe Rudin family’s $800 million redevelopment of the St. Vincent’s Hospital site...
Hirschfeld refinances UES building that is home to Sports Club/LA
Hirschfeld Properties CEO Elie Hirschfeld and 330 East 61st Street (building credit: PropertyShark) Manhattan property owner Hirschfeld Properties has...