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SELLING POINTS: SOLLY ASSA sells Little Italy condo building for $10M
06
● THE KAUFMAN ORGANIZATION / GOLDMAN SACHS Chelsea building is MCRE’s first buy MC Real Estate Partners and a private investor announced their
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Construction distribution giant sells interiors business for $850M
06
Beacon, the largest publicly traded distributor of roofing materials and building products in the United States, is selling its interior products business
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SL Green JV closes on $1.25B loan, starts construction of One Madison tower
05
SL Green and its joint venture partners, the National Pension Service of Korea and Hines, have closed on a $1.25 billion construction loan for One Madison Avenue.
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Goldman Sachs funds DCʼs largest-ever construction loan
06
Hoffman-Madison Waterfront (HMW), a joint venture of Hoffman & Associates (formerly PN Hoffman) and Madison Marquette, the co-developers of The Wharf
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SL Green lands $600M loan to rebuild 410 Tenth for Amazon, First Republic
05
SL Green, Manhattan’s largest office landlord, has closed on a new $600 million construction loan for 410 Tenth Avenue. The deal scuppers rumors that the
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Goldman Sachs, DH Property back East Coast’s tallest logistics hub in Red Hook
04
Red Hook has seen its fair share of industrial structures during the past century but nothing quite like the 370,000 s/f warehouse slated for construction
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Real estateʼs black leaders inspire change during diversity conference
04
One of the city’s biggest commercial real estate diversity events drew over 600 professionals to Columbia University last week to hear from an A-list
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CPC, Goldman Sachs creates $70M loan facility for affordable homes
05
The Community Preservation Corporation, a non-profit affordable housing and community revitalization finance company, and Goldman Sachs have created $70
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Goldman Sachs closes on loan for $100M Brooklyn rental tower
05
Goldman Sachs has closed on a $57M loan for its acquisition of the 183-unit rental tower at 1 Flatbush Avenue from Meadow Partners and Slate Property Group. Cushman &
Deals & Dealmakers
SL Green secures $450M loan for 485 Lexington Avenue
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SL Green has secured a $450 million loan for 485 Lexington Avenue in Midtown. Photo via SL Green’s website According to Commercial Mortgage Alert
Debt & Equity
Jonathan Rose refinances Newark property with $20M RAD loan
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Jonathan Rose Companies has completed a $20 million refinancing for Court Tower Apartments, a 221-unit senior HUD Section 236 property in Newark, NJ.
Debt & Equity
JPMorgan, Goldman Sachs fund $215M Essex Crossing loan
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Delancey Street Associates (DSA), a joint venture of L+M Development Partners, BFC Partners, Taconic Investment Partners, the Prusik Group and the Goldman