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$500M construction loan a record for Queens market
05
The development team behind 23-14 44th Drive in Long Island City, Queens, has closed on a $502 million construction loan from JP Morgan.
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Rudin Family Secures $415 Million Refinancing for 3 Times Square
05
 The Rudin Family today announced they have closed on a $415 million refinancing for the repositioning of 3 Times Square. The proceeds will be reinvested
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L&L, JP Morgan launch $500M joint venture with $4B in buying power
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L&L Holding Company and an institutional investor advised by J,P. Morgan Asset Management have formed a $500 million real estate joint venture partnership.
Deals & Dealmakers
Fried Frank brings back the real estate holiday party
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Fried Frank’s annual holiday party returned with a bang last week. A shaved down guest list helped the law firm comply with current COVID restrictions
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Enterprise names Priscilla Almodovar CEO
05
Priscilla Almodovar has been named CEO of Enterprise Community Partners, following a unanimous vote by its board of trustees. Enterprise is a leading national
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City approves JP Morgan headquarters in new Midtown East
05
The New York City Council today approved JPMorgan’s new headquarters as the first site to utilize the City’s East Midtown Rezoning. City Council Member
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JP Morgan sells Mineola apartment complex for $150M
05
San Francisco-based Friedkin Realty Group has paid $150.5 million for The Allure and Hudson House, a residential complex in downtown Mineola, N.
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European bank finances Philly apartment project
05
Cushman & Wakefield Equity, Debt & Structured Finance served as the advisor to affiliates of The Brickstone Companies and JP Morgan Special Situation
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Rudin completes $425M refinance at 32 Sixth Avenue
07
The Rudin Family announced the closing of a $425 million refinancing of 32 Avenue of the Americas, one of the most historically significant telecom buildings
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After 18 years, Moinian takes control of 3 Columbus Circle with help of $595M loan
05
The Moinian Group has come full circle on 3 Columbus Circle, having closed on a $595 million CMBS loan from J.P. Morgan and Deutsche Bank to refinance
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RXR refinances Brooklyn multifamily development with $143M loan
06
Greystone has arranged a $143,100,000 permanent loan for affiliate entities of RXR Realty to refinance 475 Clermont, a rental building in Brooklyn.
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Columbia to be acquired by PIMCO for $3.9B
07
Columbia Property Trust is to be acquired by funds managed by Pacific Investment Management Company (PIMCO), a global investment management firm, for $3.