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
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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,
Dry Creek Capital buys $15.8M note secured by West Village retail condos
Denver-based Dry Creek Capital Partners, through the entity DCC Vigilant bought a note with an original
Courts roundup: Madison Realty hit with $19.7M pre-foreclosure in Brooklyn; 11 Beach condo sues HFZ; more
Courts roundup for May 26 and 27, 2021: There were no commercial bankruptcies of interest,
Akam pays $11M to Magnum, RoundSquare for retail condos in Chelsea
Akam Associates paid $11 million to Magnum Real Estate Group, RoundSquare Development and Lam&W Realty
Texas-based rug maker purchases NoMad office building for $52.5M
By Varvara Budetti An affiliate of Texas-based rug maker Loloi Rugs purchased the 59,870-square-foot office
SYU Properties, Top Rock, RJ Capital plan condos, affordable rentals, at $31.7M Forest Hills site
By Adam Pincus Developers SYU Properties, Top Rock Holdings and RJ Capital Holdings plan to