The lender funded the loan on behalf of Extell Development, with additional financing from Rexmark and Pacific Western Bank.
2 min read · 31 October 2022
It is difficult for a borrower to determine if now is a good time to move ahead with refinancing, Singer believes.
3 min read · 31 October 2022
The developer is seeing the impact of the expiration of the 421a tax abatement program.
4 min read · 26 October 2022
The firm is seeking situations in which it can provide rescue equity or make other investments is an extension of the firm’s existing business.
3 min read · 24 October 2022
It is getting harder for New York’s mid-market office owners with maturing debt to line up new loans.
5 min read · 20 October 2022
The financing package for 5 Times Square is one of three major loans originated on offices in the submarket in the past few months.
2 min read · 08 September 2022
A Wells Fargo-led consortium provided a loan to upgrade the office of The Legal Aid Society.
3 min read · 04 August 2022
Ground-floor retail units are on trend in New York as mixed-use provides greater value.
3 min read · 03 August 2022
JLL Capital Markets arranged the financing for 360 Huguenot, which boasts 250 residential units, as well as 3,538 square feet of Class A retail space.
1 min read · 17 June 2022
