Real Estate Finance

Everyone in real estate may seemingly be talking about Opportunity Zones, but few industry players have started closing on such projects. That’s what makes...

Stearns Holdings, the parent company of residential mortgage lender Stearns Lending, filed for Chapter 11 protection Tuesday morning after agreeing on a debt-restructuring plan...

The arrival of Steve Fulop was a welcome sign to New Jersey developers and construction companies. The Jersey City mayor has overseen the reinvention...

The knock on the wildly popular federal Opportunity Zones program has been that, so far, its intended purpose of lifting up distressed neighborhoods has...

UPDATED, June 21, 11:15 a.m.: The Chetrit Group bought a portfolio of more than 10,000 rental apartments spread across the country. Chetrit bought the...

A month after a $90 million balloon payment was set to come due, Jeff Sutton’s Wharton Properties has refinanced the retail space at 747...

Goldman Sachs’ stock price has been flagging, and it is looking to Blackstone Group in an effort to give it a boost. The firm...

While it remains to be seen how Albany’s looming rent reforms will impact New York’s multifamily owners, the anticipated changes are already pummeling their...

The top 10 Manhattan loans recorded in May totaled $3.41 billion, nearly double the prior month’s total. Two massive office refis totaling $2 billion...

Struggling bookseller Barnes & Noble has agreed to sell to hedge fund Elliott Management Corp. for $475 million in cash, following a Thursday auction...

Downtown Brooklyn topped the list of outer borough loans for the second month in a row, although May’s top loan was not nearly as...

UPDATE: June 6, 2019, 4:50 p.m.: Douglaston Development has landed $415 million in construction financing for its new residential tower near Hudson Yards —...

Fitch Ratings will include natural disaster risks into its ratings of residential mortgage-backed securities, a sign that the industry is beginning to acknowledge the...

UPDATED, June 5, 1:52 p.m. EDT: EB-5’s go-go days are a thing of the past, and now developers are searching for —but rarely finding...

Chetrit Group has received a $133 million refinancing package for its development at 500 Metropolitan Avenue in Williamsburg, according to sources familiar with the...

Joseph Sitt’s Thor Equities refinanced the James New York hotel in Soho, which it plans to revamp with the new financing. The real estate...

Jack Resnick and Sons refinanced its Hudson Square office space that will soon house Google. PGIM Real Estate Finance provided a $200 million loan...

For a good chunk of time, sovereign wealth funds were tripping over themselves to buy trophy Manhattan buildings — from classic prewar Midtown towers...

Ahead of what would be the second largest initial public offering of the year, the We Company is in discussions with banks to secure...

Goldman Sachs refinanced Stellar Management and Imperium Capital’s One Soho Square with a $900 million, five-year CMBS loan. The debt will soon be securitized,...