Arel Capital

Top Ten Associated Companies:

Madison Realty Capital (1), Deutsche Bank (1)

Recent activity as company:

• Arel Capital and CBSK Ironstate sold 1228 Madison Av, Carnegie Hill, Manhattan for $10.5 million to company on June 23, 2022.

• Arel Capital and CBSK Ironstate sold 1228 Madison Avenue, Carnegie Hill, Manhattan for $24.8 million to company on June 23, 2022.

• Arel Capital and CBSK Ironstate sold 1228 Madison Avenue, Carnegie Hill, Manhattan for $19.7 million to company on June 23, 2022.

• Arel Capital borrowed $70 million from Madison Realty Capital for 1230 Madison Avenue, Carnegie Hill, Manhattan on June 21, 2022.

• Real Estate Equities Corporation borrowed $48 million from Heritage Capital Management for 23 3rd Avenue, 25 3rd Avenue, 3 St Marks Place, East Village, Manhattan on November 13, 2019.

• Arel Capital borrowed $65 million from Deutsche Bank for 1228 Madison Avenue, 1230 Madison Avenue, 1232 Madison Avenue, 1234 Madison Avenue, Carnegie Hill, Manhattan on September 26, 2019.

Latest Stories:

• Arel Capital, CBSK Ironstate sell 3 apartments for $55M at 1228 Madison in Carnegie Hill (June 24, 2022)

• REEC signs $70M refi with Parkview Financial for dev site in East Village (June 24, 2022)

• Witkoff Group, Access Industries sign $910M construction loan with JPMorgan for XI in Chelsea (February 01, 2022)

• Witkoff, Access Industries buy HFZ’s XI in Chelsea in foreclosure sale, had $1.25B construction loan (December 29, 2021)

• CBSK Ironstate, Arel Capital sign $70M senior mortgage loan with Madison Realty for condop in Carnegie Hill (August 25, 2021)

• Madison Realty files $48M pre-foreclosure at REEC site in East Village (August 13, 2021)

• Courts roundup: Capstone seek $1.8M from homeless nonprofit; Dubai bank seeks condo sale, more (March 09, 2021)

• CIM Group takes control of 96 unsold condo units at 4 HFZ projects in deal valued at $231M (February 05, 2021)

• Real Estate Equities Corp. borrows $48M from Heritage Capital Management of South Korea for development property in East Village (November 14, 2019)

• Arel Capital borrows $65M from Deutsche Bank for property in Carnegie Hill (September 27, 2019)

Court Records:

Properties: