Cofinance Group borrows $7M from Metropolitan Commercial to buy mixed-use property in Lenox Hill
Jean-Claude Pick’s Cofinance Group headquartered in Luxembourg through the entity 219 & 221 East 59th
Transfers
NYU Langone pays $10M to SUNY Downstate for property in Cobble Hill
NYU Langone Hospitals through the entity Nyu Langone Hospitals paid SUNY Downstate Health Sciences University’s
Shulem Herman pays $10M to Riverbrook Equities for hotel property in Ocean Hill
Shulem Herman through the entity 1412 Pitkin LLC paid Abe Mendel’s Riverbrook Equities’s Pitkin Hospitality
JPMorgan Asset Management refis with $130M from Prudential for multifamily property in Flatiron
JPMorgan Asset Management through the entity Chelsea New York Realty Company LLC as borrower signed
RAL Development Services borrows $72M from United Overseas Bank for rental building in Brooklyn Heights
RAL Development Services and Oliver’s Realty Group through the entity Landing B Associates LLC as
SMA Equities borrows $54M from Safra National Bank for multifamily property in Lower East Side
Sassan “Samy” Mahfar’s SMA Equities through the entity 255 East Houston Owner LLC as borrower
RAL Development Services refis Brooklyn condos with $45M from Bank OZK
RAL Development Services and Oliver’s Realty Group through the entity Landing A Associates LLC as
McSam Hotel Group obtains $29M construction loan from Goldman Sachs for LIC hotel
Sam Chang’s McSam Hotel Group through the entity 10th Street QB Hotel LLC as borrower
Jeff Sutton refis 34th Street retail with $21M from Provident Bank
Jeff Sutton’s Wharton Properties through the entity 40 West 34th St. Owner LLC as borrower