Debt & Equity
Kushner Cos. borrows $400M to finance multi-family biz plan
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Kushner Companies, a diversified real estate organization headquartered in New York, announced brisk financing activity across its portfolio of properties
Deals & Dealmakers
DONE DEALS: Farsi search leads to Ft. Green sale, UWS apartment sells for $965k
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Conversation Starter: Web search leads to Ft. Green sale A random internet search for an agent who speaks Farsi brought Danny Nassi his latest deal.
Debt & Equity
Procida fund finances urban renewal development
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New Jersey based commercial real estate lender, Procida Funding, provided a $9,200,000 pre-development/early stage construction loan to Middlesex Residential
Residential
Boogie Down Bronx beats Millionaires Row
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The Bronx has beaten Millionaires Row in the New York City housing stakes this quarter. According to the first quarter market report from REBNY, the neighborhood
Deals & Dealmakers
TRANSACTIONS: Meridian Capital puts together a pair of $19M loans
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $19,100,000 on a 151-unit multifamily property located on Somerset
Deals & Dealmakers
Anatomy of a deal: United Nations Population Fund’s 130,000 s/f lease at 605 Third Avenue
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605 Third Avenue, PropertyShark By Daniel Geiger REBNY handed the trophy to a team from the real estate services firm Newmark Knight Frank on Monday night
Deals & Dealmakers
A new look for Port Authority retail
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Liana Grey for Real Estate Weekly By Liana Grey Several weeks ago, Paris Hilton celebrated her 30th birthday at the last place you might expect to find
Deals & Dealmakers
WHO’S NEWS: Witkoff hires hotel specialist; Greystar bolsters rental housing platform
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Witkoff announced a strategic addition to its executive team with the hiring of lodging professional Scott Broder as Senior Vice President – Head of Hotel Investments.
Residential
DONE DEALS: Roundup of the week in residential sales
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JEFFREY FIELDS Rutenberg NYC’s Jeffrey Fields is enjoying a successful run after selling over $90 million worth of homes in just three weeks.
Deals & Dealmakers
Bloomfield Chi-Town mezz loan
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JASON JARJOSA Bloomfield Capital, a national direct lender and equity investor has announced the closing of a $9.5 million mezzanine loan in Chicago, IL
Deals & Dealmakers
NYC hotel market strong but potentially stunted
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The level of demand in the residential real estate market will tell you that New York is a place where people want to live. A look at the hotel market
Deals & Dealmakers
Clothing manufacturer gets turned on to Transit Triangle office building
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Adams & Co. Real Estate signed a new 11,525 s/f ten-year lease with Turn On Products, which operates as Younique Clothing, at 48 West 37th Street.