Construction & Design
BLDG Management taps Israeli financing source for $30M construction loan
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Israeli-giant Bank Hapoalim USA has funded a $30 million construction loan to BLDG Management for the development of a luxury East Village rental building.
Deals & Dealmakers
SELLING POINTS: POKO deals Brownsville theater for $53M, Assa nets $50M for Midtown building
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● TERRA CRG POKO pockets $53M in Brownsville deal Brooklyn investor Shulem Herman has paid $53 million for the former Pitkin movie theater in Brooklyn’
Residential
DONE DEALS: Big catch in Rye
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Douglas Elliman Real Estate’s Nancy Strong and Stacey Oestreich have sold 408 Grace Church Street in Rye, NY, for $12.75 million. Celebrities, sport stars
Debt & Equity
Magnum refinances Village rental with $62M package
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Magnum Real Estate has recapitalized its East Village rental with a $63 million loan from Santander. JLL’s Capital Markets experts arranged the financing
Lawsuits
City, state fine ICON Management $500,000 for ‘hazardous living conditions’
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A joint city-state task force has fined a New York property management company half a million dollars for forcing hundreds of tenants to live in “hazardous
Debt & Equity
Armirian secures $17M, teams with Serhant to develop Thirteen East +West
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The Amirian Group is set to bring two new luxury residential buildings to the East Village after securing a $17 million construction and development loan
Construction & Design
Meridian secures $15.4M in financing for East Village condos
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Meridian Capital Group negotiated $15.4 million in acquisition and construction financing for a mixed-use condominium development in the East Village on
Featured
Niko East Village rental has pedal power
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For New Yorkers who have divorced from the subway as their main form of commute, a new development in the East Village may better suit their needs.
Debt & Equity
Opal Holdings receives $52M loan for East Village development site
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Madison Realty Capital (MRC) has provided a $52 million first mortgage loan for the acquisition of a development site in the East Village and construction
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Niko East Village rental has pedal power
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For New Yorkers who have divorced from the subway as their main form of commute, a new development in the East Village may better suit their needs.
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DONE DEALS: Big catch in Rye
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Jul 23, 2018 • 1 • 0
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DONE DEALS: No more waiting for Gavin, Doyle in West Village
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Jun 13, 2018 • 0 • 0