Arch Companies places Nostrand Ave $50M-plus rental in bankruptcy to effectuate sale
Arch Companies, effectively controlled by the Wiener family’s Canadian investment firm 35 Oak Holdings, placed
Transfers
Jeffrey Simpson files bankruptcy for Arch Companies entity
Jeffrey Simpson, the co-founder along with Jared Chassen of the real estate development and ownership
Joel Schwartz signs $42M refi with Golden Bridge for 227-unit development in East New York
Joel Schwartz through the entity 2700 Atlantic Ny LLC as borrower signed a refi loan
Atlas Hospitality signs $41.5M refi with Bank of America for hotel in Financial District
Atlas Hospitality through the entity 120-122 Water Street LLC as borrower signed a refi loan
Washington Square Partners signs $53.8M refi with 3650 REIT for retail, office in Marble Hill
Washington Square Partners through the entity 3650 Real Estate Investment Trust 2 LLC as borrower
Midtown Equities signs $103M refi for Battery Maritime Building in FiDi, up from $60M
Midtown Equities through the entity 10 South Street LLC as borrower signed a refi loan
Self-Help Credit Union pays $2.6M for mixed-use in Bedford Stuyvesant
Self-Help Credit Union through the entity Self-Help Ventures Fund paid $2.6 million to Warren Hayes
United Developers pays $2.85M for foreclosed office in Penn Plaza
United Developers through the entity West 31 Associates LLC paid $2.85 million for the office
Srinivasa Rao Tummalapenta pays $3M for mixed-use in East Harlem
Srinivasa Rao Tummalapenta through the entity NYC Harlem Realty LLC paid $3 million to Abraham