The financing will fund the development of a rental community in Jersey City, one of many recent multifamily projects under construction there.
1 min read · 06 December 2023
Related Companies and Blackstone are among reported bidders for the failed bank’s commercial and multifamily lending portfolios.
5 min read · 04 December 2023
Newmark’s Jimmy Kuhn and Fried Frank’s Jon Mechanic say developers need support to convert obsolete properties.
2 min read · 30 November 2023
Monday Properties has historically also pivoted its portfolio as markets dynamics change
4 min read · 22 November 2023
The city’s chief climate officer is ‘serious’ about enforcing Local Law 97 to reduce carbon emissions of the city’s biggest assets by 2030.
3 min read · 22 November 2023
The Los Angeles-based real estate manager is seeking more large-scale projects.
2 min read · 21 November 2023
The New York-based alternative lender originated the loan on behalf of MCR Hotels and Island Capital Group.
2 min read · 17 November 2023
The firm provided $100m of equity and preferred equity to the mixed-use project, a new-model deal in which each component includes minority- and women-led representation.
4 min read · 31 October 2023
The firm cited concerns over the workouts of New York’s 1740 Broadway, which has seen its servicer replaced twice since entering special servicing.
5 min read · 23 October 2023