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Slate JV closes on $370M acquisition
05
A joint venture of Slate Property Group and GreenOak Real Estate announced they closed on the acquisition of RiverTower at Sutton Place for $390 million
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Selling points: Brooklyn land grab a sign of market stamina, Rent-regulated towers get top dollar
05
Cushman & Wakefield Brooklyn land grab a sign of market stamina Cushman & Wakefield’s Brendan Maddigan just closed on his ninth Brooklyn land sale of the year.
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SCALE funds $40M Clinton Hill construction loan
07
SCALE Lending, a Slate Property Group affiliate, announced that it closed on a $40 million construction loan for 982-988 Fulton Street in Clinton Hill
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Bruman secures $66M loan to build 165-unit Astoria apartment tower
05
SCALE Lending, a Slate Property Group affiliate, has closed on a $65.9 million construction loan to finance the ground up construction of a residential
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Slate to partner with RiseBoro to build 215 apartments in Brooklyn
04
Slate Property Group, an owner, operator and developer of residential and commercial real estate in the New York metropolitan area, and RiseBoro Community
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Slate lends through SCALE for Brooklyn development
06
SCALE Lending announced the closing of a $35 million construction loan for a residential development project at 834 Pacific Street in Prospect Heights, Brooklyn.
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Slate and its supermarket partner break ground in Queens
06
Slate Property Group and Grobman-Gross Properties have broken ground for their 166-unit mixed-use project at 69-65 Yellowstone Boulevard in Queens.
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Namdar secures $120M construction loan for latest Jersey City apartment tower
05
The Namdar Group has secured $120 million in construction financing for the second phase of its three-tower, 777-unit mixed-use development in Jersey City’s
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Simon Baron closes on $30M mezz loan for LA hotel project
05
Slate Property Group and Atalaya Capital Management LP partnered in a joint venture to provide a $30 million mezzanine loan for the repositioning of the
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Scale lends Simon Baron $38M on unsold units
06
Scale Lending, an investment affiliate of Slate Property Group, has funded a $38 million inventory loan to Simon Baron Development for 25 unsold units
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NEW DEVELOPMENT: Leasing underway at One Hudson; New look for Sutton classic
06
● RELATED RENTALS Leasing launched at One Hudson Related Rentals announced the launch of leasing at One Hudson Yards, its 33-story luxury rental building
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Industry needs to be less greedy if it wants to dig city out of housing crisis
05
The real estate industry needs to start building bridges if it hopes to help lift New York out of its housing affordability crisis. “We have to be less