Financing

SL Green lands Refi for News Building

SL Green has secured $510 million in mortgage financing from Aareal Capital, Citi, and French lender Credit Agricole for its office...

TF Cornerstone lands financing for 505 West 37th Street

Tom and Fred Elghanayan’s TF Cornerstone has secured $374.4 million in financing from the New York State Housing Finance...

Clipper Equity lands financing for 77 Commercial Street

David Bistricer’s Clipper Equity has secured a $386 million financing package for its massive rental project at 77...

Sluggish condo market portends trouble

Victor Sigoura’s Legion Investment Group has secured $133 million in construction financing from ACORE Capital for its residential condo development...

Brookfield Property Partners reports loss

Brookfield Property Partners reported a net loss of $373 million from January through March, compared with $713...

Tom Barrack’s Colony Capital defaults on billions

Tom Barrack’s Colony Capital has defaulted on $3.2 billion of debt secured by hotels and healthcare-related properties, according...

JLL reports Q1 earnings

JLL reported a net operating income of $5.3 million during the first three months of 2020,...