Make the Call: Sales, loans, courts highlights from the week ending July 23
Last week lending far outpaced commercial sales, and several of the large sales involved the
Transfers
Bridges Development pays $14M for 21% stake in Caesar’s Bay Shopping Center in Gravesend
Bridges Development Group through the entity JE Holdings LLC paid $14 million to Susan Diiorio
Roy Moussaieff pays $4M to Simon Blitz for development site in East Harlem
Roy Moussaieff through the entity Three Three Six LLC paid $4 million to Simon Blitz
Flux Factory pays $4M for industrial in Long Island City
The Flux Factory, Inc. paid $4 million to Alfred Mainzer Inc through the entity Alma
InSite Property signs $33.8M construction loan with Valley for industrial in Queens
Storage company InSite Property Group through the entity 131-21 14th Ave, LLC as borrower signed
Marvin Rubin signs $20M construction loan for 110-unit development in Gravesend
Marvin Rubin through the entity Cropsey Airs Fee Holder LLC as borrower signed a new
Rugby Realty signs $13.5M refi with Wells Fargo for mixed-use building in Penn Plaza
Rugby Realty Management through the entity 126 West 34th Street Associates, LLC as borrower signed
Conway Capital signs $8.2M refi with Taurus Asset for three mixed-use buildings in Boerum Hill
Conway Capital through the entity Atlantic Avenue Portfolio Cc LLC as borrower signed a refi
RockFarmer Properties signs $8.1M refi with Greystone for three rentals in Flushing
RockFarmer Properties through the entity 189-10 37th Ave, LLC as borrower signed a refi loan
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