Phipps Houses signs $224.6M construction loan for 436 units in Cypress Hills
The affordable housing developer Phipps Houses through the entity Atlantic Chestnut II Associates Lihtc LLC
Uncategorized
MRR Development signs $170M construction loan with Bank OZK for 145-unit development in Midtown East
MRR Development through the entity Mrr 1326 LLC as borrower signed a new construction loan
Related signs $111M construction loan for 357-unit project on Roosevelt Island
Related Companies through the entity Riverwalk 9, LLC as borrower signed a new construction loan
Abramson Brothers signs $8.8M refi with JPMorgan Chase for office in Midtown West
Abramson Brothers through the entity Federation LLC as borrower signed a refi loan with lender
Triumph Hotels signs $31.1M loan with Popular Bank for Iroquois Hotel in Midtown West
Triumph Hotels through the entity Iroquois Hotel Holdings LLC as borrower signed a loan with
Sunlight Development files plans for 125-unit building in Flushing
Linzhong Zhuo of of Sunlight Development Group submitted a new building construction project for a
Landa Group signs $23.8M refi with NewPoint for nursing home in Spuyten Duyvil
Landa Group through the entity Fieldston Operating LLC as borrower signed a loan with lender
Bruman Realty pays $3.5M to Getty Realty after completing 61-unit project in Gravesend, gets $27.5M loan
Joseph Brunner’s Bruman Realty through the entity 125 Kings LLC paid $3.5 million to Getty
Weekly summary: $576M in sales, $1.48B in loans, low development, 11 court actions
Summary Last week, recorded commercial sales totaled $576 million (of transactions of $500,000 and up),