New York

Starwood funds $500m Westchester industrial portfolio financing

The portfolio is located across three industrial parks in the infill markets around the New York metropolitan area.

Apollo originates $785m loan for RXR-backed office acquisition

RXR and Elliot Investment Management are purchasing 590 Madison Avenue for $1.08bn from the State Teachers Retirement System of Ohio.

Times Square CMBS signals bullish market for New York office deals

The city’s class A office market over the years has been boosted by robust refinancing resources and a lack of new supply.

Blackstone’s LePatner killed in NYC shooting

The CEO of the mega-manager’s non-listed REIT and global head of its core-plus real estate business was 43.

Affinius closes $340m loan for Brooklyn multifamily refi

The loan proceeds will be used in the project’s remaining construction and lease-up.

Scale closes $305m construction financing for Bronx resi towers

Beitel Group will use the funding to build 755 rental units across two buildings in the borough’s Mott Haven neighborhood.

SL Green lines up $500m in new commitments for opportunistic debt fund

New York’s largest landlord has surpassed its targeted $1bn fundraising goal for the vehicle.

AllianceBernstein closes $120m refi for last-mile Hamptons complex

The Nashville-based manager is retiring existing debt linked to Rechler Equity Partners’ five-building Hampton Business District with the loan.

Starwood, Gotham and BREDS close $388.5m financing for Queens resi tower

The lending trio is funding the development of a 46-story rental and condominium tower backed by Baron Property Group and LargaVista Companies.