New YorkDec 8, 2022Terra Capital claims RedSky founders owe it $12MInvestor claims it rescued developer’s projects but didn’t get paid
New YorkAug 31, 2021Lendlease files plans for 14-story mixed-use building in GreenpointSite was once part of RedSky Capital portfolio
South FloridaApr 21, 2021Tricera, Alex Karakhanian buy Redsky’s Cube Wynwd for $28MNY restaurant group Kissaki recently inked rooftop lease at the building
South FloridaMar 30, 2021RedSky, JZ sell Wynwood Block at a loss for $24MDuo bought the building six years ago for $26M
South FloridaMar 29, 2021Miami Beach agent wins $1M judgment in lawsuit over owed commissions and stolen fundsDeals were for commercial properties owned by David Edelstein, Thor, RedSky/JZ
New YorkJan 8, 2021RedSky hands over Williamsburg retail portfolio valued at $145MLLC indicates new owner L3 Capital was mezzanine lender on properties
South FloridaDec 4, 2020PMG adds to assemblage of planned Society Wynwood projectPMG paid $46M for most of assemblage last year
South FloridaNov 24, 2020Goldman Properties buys Wynwood property for discounted $5MSeller RedSky Capital bought the property for $6M in 2015
New YorkNov 5, 2020Witkoff to advise on Downtown Brooklyn projectFulton Street site was marketed after loan default
New YorkOct 9, 2020Lendlease pays over $100M for large Greenpoint development siteSeller JZ Capital Partners struggled with $1B real estate bet
South FloridaOct 1, 2020Lender closes on RedSky and JZ’s Wynwood assemblagePartnership bought the properties for $31M in 2016
New YorkSep 4, 2020Chinese billionaire unloads debt on struggling Greenpoint projectSKW Funding bought note on RedSky Capital’s 18 India Street
New YorkAug 20, 2020Bernstein and Zalaznick’s firm says stakes in Brooklyn, Miami projects now worthlessCritic blames inexperienced RedSky Capital principals for JZ Capital’s troubles
South FloridaApr 8, 2020Lender lists troubled RedSky’s Miami Design District portfolioRedsky is liquidating its assets after defaulting on a loan tied to a Brooklyn property in March
New YorkApr 7, 2020RedSky puts Greenpoint dev site on market asking $165MInvestment firm filed plans for 40-story apartment building on site in 2018
New YorkDec 10, 2019RedSky sells building across from Barclays Center as partner liquidates holdingsHidrock Properties is planning a multi-million dollar renovation of 182 Flatbush Avenue
New YorkDec 2, 2019RedSky and partner to sell several properties amid “uncertainty” over valuationsJZ Capital says it’s taken on a “much more direct role” and aims to speed up projects
New YorkNov 27, 2019Williamsburg whiz kids facing major markdown on $1B retail portfolioBen Bernstein and Ben Stokes turned heads with big bets, but a partner says their portfolio is overvalued
South FloridaOct 2, 2018RedSky and JZ score $115M refi for Esperanté Corporate Center in WPBThe investors bought the building in 2016 for $125.75M
New YorkSep 13, 2018RedSky adds 571 Fulton Street to massive DoBro development siteCompany purchased parcel for $14.5M