Maverick buys $14.7M note secured by 35-unit rental in LES
Maverick Real Estate Partners through the entity Suffolk Multifamily LLC bought a note with an
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Camber, Standard Property buy bankrupt building with $40.3M transfer value
Camber Property Group and Standard Property through the entity 440 W 41 Owner LLC acquired
Madison Capital pays $45M to Jack Guttman for two industrial buildings in Red Hook
Madison Capital through the entity MC Pr III 688 Court Realty LLC paid $45 million
Rockwood loses 399-room FiDi hotel valued at $74M to lender CIT
Rockwood Capital and joint venture partner the Buccini/Pollin Group, turned over the ground lease for
Katara acquires Dream Downtown ground lease valued at $125.6M from Dream Hotels
Qatar-based Katara Hospitality through its Q Downtown NY LLC acquired the ground lease valued at
Jeff Sutton pays down debt at 720 Fifth to $255M, from $305M
By Adam Pincus Jeff Sutton, president of Wharton Properties, reduced the debt on the Plaza
Tony James’s Jefferson River acquired Ron Perelman debt from Citigroup
By Adam Pincus and Varvara Budetti The family office of Blackstone Group executive Hamilton “Tony”
Data snack: $230M in 17 NYC note sales recorded last month
There were at least 17 New York City loans with a combined original principal of
Courts roundup: Fortress files to foreclose on E. Williamsburg site; Westfield sues Victoria’s Secret for $32M after appellate loss
Courts roundup for May 28 to May 31, 2021: There were no bankruptcies of interest,