Wharton Properties modifies Times Square loans, initial $180M loan matured in 2021
UPDATED: Jeff Sutton’s Wharton Properties modified its securitized loan at the 25,600-square-foot retail building 1551
Transfers
Special servicer files $41M pre-foreclosure suit in Garment District
Special servicer LNR Partners filed a pre-foreclosure suit on behalf of bondholders of COMM 2014-CCRE16,
Daniel Brodsky lends Brodsky Organization $14.05M to buy retail in Chelsea, SoHo
The Brodsky Organization through the entity The Beaumont Company LLC as borrower signed an acquisition
Cheskel Schwimmer of Chess Builders signs $70M construction loan for 188-unit project in Hell’s Kitchen
Cheskel Schwimmer of Chess Builders through the entity Eleven W46 Realty LLC as borrower signed
Durst signs $120M construction loan with Wells Fargo at two Hallets Point projects
Durst Organization through the entity Halletts Building 3 SPE LLC as borrower signed a new
Soundview Real Estate ups debt with MSD Partners to $115.8M for hotels in South Ozone Park
Soundview Real Estate Partners through the entity 135th Avenue JFk Property LLC as borrower signed
Linda Wang pays $2.2M for mixed-use in Dyker Heights
Linda Wang through the entity 6301 10th Ave, LLC paid $2.2 million to Joseph Bianco
Platinum Realty Associates pays $2.3M for mixed-use in Astoria
Platinum Realty Associates through the entity 112-45 Spring LLC paid $2.3 million to Shiraz Sanjana
Eckstrom NYC pays $4.7M for 4-family in Cobble Hill
Eckstrom NYC through the entity 487 Henry LLC paid $4.7 million to the Troisi family