Luxembourg-based Cofinance Group pays $9M to Ken Klaffky’s GAK Properties for properties in Lenox Hill
Luxembourg-based Cofinance Group paid $9 million in two transactions to Ken Klaffky’s GAK Properties for
Transfers
Madison Capital and other investors borrow $168M from JPMorgan Chase for office property in Soho
Richard Wagman’s Madison Capital and other investors through the entity Englewood Partners LLC as borrower
DLJ Real Estate borrows $35M from Sterling National Bank for multifamily property in Williamsburg
DLJ Real Estate Capital Partners through the entity 151 Kent Avenue Owner, LLC as borrower
Benchmark Real Estate Group borrows $35M from MetLife for multifamily property in Brooklyn Heights
Jordan Vogel and Aaron Feldman’s Benchmark Real Estate Group through the entity 25 Monroe Place
Stagg Group borrows $31M from Berkadia for newly completed rental in Kingsbridge
Mark Stagg’s Stagg Group through the entity 3069 Cannon Place, LLC as borrower signed a
LeFrak borrows $20M from BankUnited for office property in Rego Park
Real estate property owner LeFrak through the entity Federal Realty Limited Partnership as borrower signed
Caton Towers cooperative borrows $14M from Valley National Bank in Kensington
Caton Towers cooperative through the entity Caton Towers Owners Corp. as borrower signed a loan
Shpresa Xhakli borrows $10M from Capital One for multifamily property in Riverdale
Shpresa Xhakli through the entity GENC Realty LLC as borrower signed a loan agreement with
Civic Builders borrows $9M from Low Income Investment Fund for school property in Hunts Point
David Umansky’s Civic Builders through the entity Civic Properties, Inc.-Longfellow, as borrower signed a loan