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Financing
Gotham lands financing for Broome Street Development
December 28, 2020Gotham Organization + Goldman Sachs Urban Investment Group have secured $162.4 in construction financing from Wells Fargo + US Bank for...
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Financing
L+M lines up financing for Bronx Point
December 24, 2020L+M Development Partners is expected to close on $349 million in financing next week for Bronx Point, the...
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Politics
President Trump pardons Charles Kushner
December 24, 2020Former New Jersey Gov. Chris Christie called it “one of the most loathsome, disgusting crimes” he...
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Financing
NYC Real Estate’s rocky relationship with the Tel Aviv bond market
December 23, 2020Abraham Lesser first tapped the Tel Aviv bond market for financing in 2008. At the time,...
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Financing
Argent Ventures buys debt on 1605 Broadway
December 23, 2020Andrew Penson’s Argent Ventures is purchasing the senior mortgage on Vornado’s Crowne Plaza Times Square at 1605 Broadway for about...
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PropTech
SoftBank raising $604M SPAC from retail investors after WeWork debacle
December 23, 2020SoftBank’s Vision Fund is raising $604 million for a SPAC (AKA blank-check companies), the Wall Street Journal...
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Acquisitions
Petershill buys stake in Oak Street Real Estate Capital
December 23, 2020Petershill, a Goldman Sachs Group unit that buys stakes in alternative investment managers has made its...
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Acquisitions
Carmine Limited buys 1 Christopher Street for $95M
December 22, 2020Carmine Limited has acquired a multi-family building at 1 Christopher Street in the West Village from Jimmy Silber for...
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PropTech
Apartment List raises $50M venture round –– IPO on the horizon?
December 22, 2020Apartment List, a rental platform, has raised a $50 million equity round led by Janus Henderson...