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Ginsburg secures $29M loan for White Plains luxury residential project

Avison Young announced the closing of a $28.64 million loan to finance the acquisition of the Halstead White Plains, a 124-unit luxury multi-family property located at 24 South Lexington Avenue, White Plains, NY. David Kras.....»»

Category: realestateSource: realestateweeklyFeb 10th, 2017

Chinese firm HNA secures $1.75B loan for 245 Park Avenue purchase

Chinese conglomerate HNA Group has secured a 10-year, $1.75 billion loan for its acquisition of 245 Park Avenue in Midtown Manhattan. According to Commercial Mortgage Alert, a group of five banks fund.....»»

Category: realestateSource: realestateweeklyApr 11th, 2017

XIN secures $108M loan for 615 Tenth Avenue in Hell’s Kitchen

XIN Development International, the US subsidiary of Chinese development giant XINYUAN Real Estate Ltd., has secured a $108 million construction loan for its first Manhattan development. The Bank of Ozarks funded the non-recourse loan in a d.....»»

Category: realestateSource: realestateweeklyMar 31st, 2017

Meridian secures $20M loan for NN-leased Williamsburg office

Meridian Capital Group arranged $20 million in financing for an office property located in Brooklyn’s South Williamsburg neighborhood on behalf of 731 Flushing Avenue Associates, LLC. The five-year loan, provided by a New York-based bank, feat.....»»

Category: realestateSource: realestateweeklyJan 25th, 2017

Vornado secures $400M loan for 350 Park Avenue

Vornado Realty Trust has secured $400 million in financing for 350 Park Avenue in Midtown Manhattan. The ten-year loan has a fixed rate of 3.92 percent. According to Vornado, the deal generated net proceeds of $111 million after it paid back the property.....»»

Category: realestateSource: realestateweeklyDec 7th, 2016

Investment manager MKP Capital renews at SL Green’s 600 Lexington

SL Green Realty Corp announced that MKP Capital Management, a leading  international investment manager, has signed a renewal lease for five-plus years covering 25,995 s/f at 600 Lexington Avenue. MKP occupies the entire 16th, 17th, and 18th floors in th.....»»

Category: realestateSource: realestateweeklyNov 2nd, 2016

SL Green Secures $1.5 Billion Construction Loan, Paving Way for One Vanderbilt Super Skyscraper

SL Green Realty Trust (NYSE: SLG), New York City's most prolific commercial property owner, has secured a $1.5 billion in construction financing for its proposed One Vanderbilt office tower. With financing in place, construction can move forward on the.....»»

Category: realestateSource: costarSep 28th, 2016

SL Green marks milestones at One Vanderbilt skyscraper

SL Green Realty Corp. just announced several milestones in the development of One Vanderbilt Avenue, the 1,401 ft. Midtown Manhattan tower soon to rise at the doorstep of Grand Central Terminal. One Vanderbilt’s constr.....»»

Category: realestateSource: realestateweeklyApr 25th, 2017

Innovative partnership secures recreational green space in a new housing development

Innovative partnership secures recreational green space in a new housing development.....»»

Category: topSource: pressatApr 21st, 2017

ABN AMRO expands to 54,000 s/f at SL Green’s 100 Park Avenue

SL Green Realty Corp announced it has signed a lease renewal and expansion covering 54,037 square feet with ABN AMRO Holdings USA, LLC at 100 Park Avenue. The transaction includes a term extension of ABN’s exist.....»»

Category: realestateSource: realestateweeklyApr 12th, 2017

Teachers’ trade union UFT secures $62M loan for 50 Broadway

An affiliate of trade union American Federation of Teachers has secured a $62 million loan for 5.....»»

Category: realestateSource: realestateweeklyApr 11th, 2017

Kuafu, Ceruzzi secures $290M loan for UES residential project

Kuafu, Ceruzzi secures $290M loan for UES residential project.....»»

Category: realestateSource: realestateweeklyApr 7th, 2017

Hampshire Co. JV secures $32.5M loan for housing near NJCU campus

Holliday Fenoglio Fowler, L.P. (HFF) arranged $32.5 million in financing for the development of a 163-unit multi-housing property serving the communi.....»»

Category: realestateSource: realestateweeklyMar 31st, 2017

One of New York"s most prestigious power-lunch spots reportedly just filed for bankruptcy — here"s what it"s like to eat there

Sarah Jacobs One of New York's most storied power-lunching spots could be on its way out. Tucked inside the Bloomberg Tower at 58th Street and Lexington Avenue, Le Cirque is one of New York Ci.....»»

Category: topSource: businessinsiderMar 24th, 2017

Wharton secures $125M loan for 100 West 125th St. in Harlem

Meridian Capital Group arranged $125 million of balance sh.....»»

Category: realestateSource: realestateweeklyMar 24th, 2017

Electronics company Ricoh takes 30,469 s/f at 711 Third Avenue

SL Green announced that Ricoh USA, a digital b.....»»

Category: realestateSource: realestateweeklyMar 23rd, 2017

Office condo breaks ground in Broward with $13M loan

H&M Development recently broke ground on the Beacon Hallandale office condo tower after obtaining a $13 million construction loan. Mount Dora-based First Green Bank awarded the mortgage to Beacon Hallandale 26 LLC, an affiliate of Aventura-based .....»»

Category: topSource: bizjournalsMar 14th, 2017

Developer secures $300 million for downtown Manhattan condo project

The Lightstone Group secured a $305 million loan to build an 800-foot-tall condo tower in lower Manhattan. The company sourced the construction loan from Mack Real Estate Credit Strategies, a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2017

Hakim Organization secures $24.5M loan for High Line 537 rental tower

The Hakim Organization has secured a seven-year, $24.5 million refinancing for luxury rental Hi.....»»

Category: realestateSource: realestateweeklyMar 9th, 2017

Asian banks bundle $269M loan for Victor, Lendlease tower

Lendlease and Victor Group secured a $269 million construction loan for the 281 Fifth Avenue development on the corner of East 30th street and Fifth Avenue. The lender is a consortium of three Singapore-based banks led by United Overseas B.....»»

Category: realestateSource: realestateweeklyMar 8th, 2017