2022 saw $1.8B in NYC note sales amid interest rate uncertainty
Investors bought $1.8 billion in commercial note sales in 2022 covering New York City properties,
Financing
Shmuel Wallerstein signs $48M refi loan with Popular Bank for 116-unit project in Flatbush
Shmuel Wallerstein through the entity Clarkson Lefferts Gardens LLC as borrower signed a refi loan
Magna Hospitality Group signs $68M refi loan with Western Alliance Bank for hotel in FiDi
Magna Hospitality Group through the entity AI Iv LLC as borrower signed a refi loan
No NYC construction loans provided in nearly two months, even as new building filings rise
By Adam Pincus There have been no new construction loans given to New York City
Join PincusCo’s Development Challenge & Chat this April
UPDATE: A&E Real Estate President Maggie McCormick to participate. Join us April 30. PincusCo is
Manhattan loan volume falls by nearly 50 percent in January from prior month: PincusCo
By PincusCo Media Manhattan loan volume fell by nearly 50 percent in January compared with
Commercial lending rises to $13.8B in October, with Wells Fargo top lender
By Adam Pincus Wells Fargo was the top lender last month, with $1.4 billion in