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The Real Deal New York
Extell, Zeckendorf in talks to lead development of 520 Fifth: sources
June 06, 2018 02:39PM
Danielle Balbi and Mark Maurer
Ceruzzi Properties and SMI USA are on the hunt for a development partner at 520 Fifth Avenue. A handful of developers are said to...
Ceruzzi’s Midtown condo will launch sales at projected $536M sellout
May 02, 2018 12:00PM
Ceruzzi Properties and partner SMI USA can launch sales for their Midtown East condominium development at 138 East 50th Street, according to records filed...
SMI pays $73M for stake in Toll project
November 13, 2017 03:07PM
The U.S. arm of Shanghai Municipal Investment just shelled out $73 million for a majority stake in a Toll Brothers project in Tribeca. SMI...
SMI extends the deadline for financing
Central Park Tower
August 29, 2017 02:01PM
For the third time, Shanghai Municipal Investment, a key equity investor in Extell Development’s Central Park Tower project, has given Gary Barnett a lifeline,...
Ceruzzi, SMI land $200M bridge loan on 520 Fifth site
July 06, 2017 09:30AM
Ceruzzi Holdings and SMI USA secured a $200 million bridge loan from Mack Real Estate Credit Strategies for their development site at 520 Fifth...
Brokers sue SMI USA over purchase of Thor’s 520 Fifth Avenue
January 24, 2017 02:40PM
Two brokers claim they were cut out of nearly $4 million in commissions when SMI USA purchased Thor Equities’ 520 Fifth Avenue alongside Ceruzzi...
Paydirt: Not your father’s Chinese investor
September 19, 2016 09:00AM
There’s a tendency to dismiss Chinese institutional investors in New York as seekers of parking space. Slow and steady asset appreciation are the goals,...
Halstead’s Barak Dunayer jumps to Jacky Teplitzky’s team at Elliman
“Selling a dream”: A wave of land listings marks shift in LA luxury resi market
These are some of the most notable resi sales of the week
Lower East Side residents sue city to stop controversial Two Bridges development
New York’s multifamily market got off to a slow start this year
February 2019 issue
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