CMBS servicer files to foreclose on Spruce Capital’s $46M Bushwick loan
The special servicer for a commercial mortgage-backed security filed yesterday to foreclose on Spruce Capital
Landlord threatens to end JTRE’s $70M Wall Street lease, Terzi files to block termination
China Sonangol, which owns the fee at 23 Wall Street, sent a notice last month
Construction Friction: Suing a neighbor under 881
By Adam Pincus The New York City construction process is complex and expensive. And at
Maverick files to foreclose on $25M Croman Real Estate debt
Maverick Real Estate Partners, which has been the most active note buyer in the city
Madison Realty files $48M pre-foreclosure at REEC site in East Village
Madison Realty Capital filed to foreclose on $48 million of first mortgage debt, alleging Real
Extell as landlord signs ground lease valued at $49.5M with Shefa School in Lincoln Square
Extell Development through the entity 17 West 60th Street Holder LLC as landlord signed a
Construction lending surges in July to $2.3B, total lending at $9.9B
By Adam Pincus The volume of recorded construction loans surged in New York City in
Safehold pays $46.5M for fee under EQR’s 111-unit Chelsea rental
Safehold, Inc. the public company that focuses on owning ground-leased fee positions, paid $46.5 million
June, July new building review: Most sf filed in 2021, with Starrett, BLDG, and Lendlease projects
By Atticus O’Brien-Pappalardo The combined square feet of all new building projects filed with the