New York
Return to Lender: Week of Oct. 19, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
EJS Group Lands $113M Loan for UES Condo
EJS Group, a New York-based real estate development company, has secured a $112.5 million construction loan from Bank OZK for… Read more
SCALE Lending Provides $142M for Queens Apartment Building
SCALE Lending, the debt financing arm of Slate Property Group, has closed a $142 million floating-rate loan for the final… Read more
Club Pilates Inks New Midtown East Location
Jack Resnick & Sons has secured a 10-year, 3,500-square-foot lease with Club Pilates, which has opened on the ground floor… Read more
Longpoint Closes $940M Institutional Fund
Boston’s Longpoint has closed its third institutional fund, Longpoint Fund III, L.P. (Fund III), with commitments of approximately $940 million,… Read more
Luxury Audio Brand Bang & Olufsen Inks Midtown Lease
High-end Danish electronics manufacturer Bang & Olufsen has signed a 10-year, 1,557-square-foot retail lease at 540 Madison Avenue, relocating from… Read more
GFP Refis Spingler Building for $24M
GFP Real Estate has successfully closed a $24 million loan for the refinancing of 5-9 Union Square West, an eight-story,… Read more
Weill Cornell to Expand in UES
Weill Cornell Medicine is embarking on the construction of a modern student residence on the Upper East Side, nearly doubling… Read more
Trinity Capital Spins Off Charlotte-Area Logistics Park
Trinity Capital Advisors has sold Interchange Logistics Park, a 224,979-square-foot industrial building in Huntersville, to Clarion Partners. The building was… Read more
Quebec’s Logistec Sold for $1.2B
Quebec bulk-goods-terminal company Logistec is being sold to U.S. investment firms Blue Wolf Capital Partners and Stonepeak for $1.2 billion.… Read more
KeyBank Secures $41M for Beacon Affordable MF Housing
KeyBank Community Development Lending and Investment has facilitated a financing package for the acquisition and rehabilitation of Tompkins Terrace, an… Read more
Ben Novic Buys Bronx MF Building for $5M
Ben Novic has bought a six-story multifamily building in the Bronx from Joey Yasgur for $5.25 million. The property, located… Read more
Red Hook Commercial Property Sold for $30M
San Francisco-based Terreno Realty Corporation has acquired 185 Van Dyke St., a multi-tenant, two-story commercial property located on the Red… Read more
DCC Refis SoHo, Williamsburg Properties for $13M
Derby Copeland Capital (DCC), a New York City-based real estate investment platform, recently closed two loans totaling $12.5 million to… Read more
DCC Provides $10M for SoHo Mixed-Use Property
Derby Copeland Capital has closed a $9.85 million loan associated with the acquisition of a mixed-use property at 414-416 West… Read more
Little Italy Mixed-Use Asset Sold for $6M
A six-story mixed-use building in Little Italy was sold for $6 million. Located at 169 Mulberry St, the building was… Read more
Doe Fund Breaks Ground on BK 200-Bed Transitional Housing
The Doe Fund, a homeless services organization, broke ground on a 200-bed transitional housing residence at 510 Gates Avenue in… Read more
Lowenstein Sandler Expands With Trio of New Hires
Law firm Lowenstein Sandler has expanded its Real Estate practice group by adding partner Julia E. Sanabria and new counsels… Read more
NoHo Vacant lot Lists for Sale
A redevelopment property in the junction of NoHo and East Village is listed for sale. Located at 42 Second Avenue,… Read more