Condo
BH3 Sells Defaulted Mortgage on Manhattan Tower for $230M
The firm sold the non-performing loan on an 88-floor condo skyscraper in the Financial District.
Ceruzzi Properties Lands $350M Loan for Manhattan Tower
South Korea’s Meritz Securities provided the inventory financing for a new luxury condo development in Midtown.
Mixed-Income Community Opens in San Francisco
The three-building asset in the Transbay neighborhood includes 548 units, with more than a quarter of them geared toward low-income residents.
HAP Investments Tops Out Manhattan Project
Maverick Chelsea will bring 200 apartment and condo units to the former Fur District south of Penn Station.
Lower Manhattan Condo Building Tops Out
Gemini Rosemont is developing the 45-unit Greenwich Village property designed by ODA.
Durham Condos Land $11M Construction Loan
The two-year mortgage will finance the development of 25 townhomes close to the city’s downtown.
JLL Arranges $64M Refi for Brooklyn Condo Project
A joint venture of SL Development and Local Capital Group received the loan for the development of a mixed-use project in Brooklyn’s Williamsburg neighborhood.
S3 Capital Lends $50M for 2 Brooklyn Projects
The developers will use part of the financing to remodel a 120-year-old warehouse into a condo building.
JV Scores $120M for Manhattan Condo Conversion
Led by New York City-based SHVO, the venture is creating the first Mandarin Oriental-brand standalone residences in the Americas.
Miami Luxury Skyscraper Tops Off
Two Roads Development has laid the last beam on Elysee, a 57-story condo building in the Edgewater neighborhood.