Twin Group Associates signs $63M refi with MF1 for 110-unit rental in Downtown Brooklyn
Solomon Schwimmer’s Twin Group Associates through the entity Lawrence Heights Holdings LLC as borrower signed
Transfers
NewBank acquires office condo in Penn Plaza threatened by foreclosure in $6M transaction
An affiliate of the lender NewBank acquired the office condo at 20 West 33rd Street
Kahen Properties pays $6.2M to Grundwerg Family for 27-unit walkup in Carnegie Hill
Kahen Properties through the entity Third East Holdings LLC paid $6.2 million to Grundwerg Family
Lender APSEC Resolution acquires mixed-use in Flatiron District through $9.3M foreclosure
APSEC Resolution through the entity Apsec Resolution, LLC acquired through a $9.3 million judicial foreclosure
Phipps Houses pays $12M to Mattone Investors, partner for dev site in Cypress Hills
Phipps Houses through the entity Ph 3189 Atlantic LLC paid $12 million to Mattone Investors
Palette Hotels pays $25.5M to Taconic Capital Advisors for LIC hotel
Palette Hotels through the entity Ph Lic Partners LLC paid $25.5 million to Taconic Capital
Clipper Equity pays $50M to Durst Organization for dev site in East Harlem
Clipper Equity through the entity 1800 Park Property Owner LLC paid $50 million to Durst
Jay Group pays $130M to Pearl Realty for dev site in Greenpoint
Jay Group through the entity 97 West Realty LLC paid $130 million to Pearl Realty
Michael Shapiro signs $13.2M refi with Maxim Capital for 30-unit condo in Sheepshead Bay
Michael Shapiro through the entity 2518 Ocean Ave Tower LLC as borrower signed a refi