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office-to-residential conversions

Blackstone, Rialto Claim McGraw Hill Owner Defaulted on $140M Debt
Tri-State
Jul 18, 2024

Blackstone, Rialto file to foreclose on Signature-financed McGraw-Hill Building

Owner of 330 West 42nd Street tapped $140M in senior and construction debt
Scott Rechler’s RXR Looks to Convert 230 Park Avenue
New York
Jul 16, 2024

RXR eyes conversion of distressed Helmsley Building

Scott Rechler’s firm defaulted on $670M loan
LA Developer Philip Rahimzadeh Eyes Office-to-Resi in Santa Ana
Los Angeles
Jul 9, 2024

Developer Philip Rahimzadeh jumps on office-to-resi bandwagon

Core Development looks to convert 12-story Wells Fargo building for 162 apartments