Transfers

CACHED

Davidov, Benshimon obtain $10M loan from BankUnited for retail in Midtown West

Avner Davidov and Ofir Benshimon through the entity Bd Owners Group LLC as borrower signed a initial loan with lender BankUnited  valued at $10 million for the retail building (K2) at 25 West 47th Street in Midtown West, Manhattan. The deal closed on June 10, 2025 and was recorded on June 12, 2025. The property has 5,643 square feet of built space according to a…

Bawabeh Brothers signs $15M refi with Symetra for five properties in NYC

Bawabeh Brothers through the entity 2923 Third Avenue Realty LLC as borrower signed a refi loan with lender Symetra Life Insurance Company valued at $15 million for five properties including the retail at 162 East 116th Street in East Harlem, Manhattan, the retail building (K2) at 2923-2927 3rd Avenue in Melrose, Bronx, the office building (O2) at 918 Seneca Avenue in Ridgewood, Queens, and the…

Ciampa Organization signs $19.8M refi for 79-unit rental in LIC

Ciampa Organization through the entity Ciampa S4 LLC as borrower signed a refi loan with lender Popular Bank valued at $19.8 million for the 79-unit residential elevator building (D3) at 41-29 24th Street in Long Island City, Queens. The deal closed on June 9, 2025 and was recorded on June 12, 2025. The prior lender was Capital One which held debt that had an original…

Cherokee Apartments co-op signs $32.5M refi for 670-unit complex in Lenox Hill

Cherokee Apartments cooperative through the entity Cherokee Owners Corp as borrower signed a refi loan with lender National Cooperative Bank valued at $32.5 million for two rental properties with 670 residential units including the 384-unit building (C6) at 508 East 78th Street and the 286-unit walkup building (C6) at 509 East 77th Street in Lenox Hill, Manhattan. The deal closed on May 29, 2025 and…

BD Hotels ups debt to $125M with Wells Fargo at The Chelsea Hotel

BD Hotels through the entity Chelsea Hotel Owner LLC as borrower signed a refi loan with lender Wells Fargo valued at $125 million for The Chelsea Hotel at 216 West 23rd Street and the adjacent eight-unit residential walkup building (C1) at 229 West 22nd Street in Chelsea, Manhattan. The deal closed on June 5, 2025 and was recorded on June 12, 2025. The prior lender…

Finger & Finger affiliate sells second building, this for $2.75M

The entity 216 E 13th St Owner LLC, connected with real estate investor David Gomez, paid $2.75 million to the entity Mago LLC at the Law offices of Finger & Finger for the nine-unit residential walkup building (C5) at 216 East 13th Street in the East Village, Manhattan. The expected use is cash flowing. The deal closed on May 29, 2025 and was recorded on…

Mendel Weinberger pays $3.2M for industrial in Canarsie

Mendel Weinberger through the entity 855 E 92 LLC paid $3.2 million to Meir Bukchin through the entity 9202 Ave D LLC for the industrial building (E1) at 9202 Avenue D in Canarsie, Brooklyn. The deal closed on May 27, 2025 and was recorded on June 12, 2025. The property has 11,000 square feet of built space and 223 square feet of additional air rights…

VAJA Group pays $3.9M for dev site in East Morrisania

VAJA Group through the entity Boone Avenue Flats LLC paid $3.9 million to Basanti Mitra, Sanjoy Basu, and Unk Anail Moon Devi through the entity Omkar Properties LLC for the industrial building (E9) at 1015 East 173rd Street in East Morrisania, Bronx. The expected use is new construction. On the lot, there is a new building construction project, X01150558, for an 80-unit, 53,494 square-foot residential…

Investor pays $6M for 14-unit walkup in Yorkville

Angela Maria Notaro-Motta through the entity 221 East 83rd Street LLC paid $6 million to Sandra M. Szamatolski and Audrey Samz through the entity Desert Rose Management LLC for the 14-unit residential walkup building (C7) at 221 East 83rd Street in Yorkville, Manhattan. The expected use is cash flowing. The deal closed on June 9, 2025 and was recorded on June 12, 2025. The property…

Citadel Care Centers pays $45M to New Jewish Home for senior living in Fordham Manor

Citadel Care Centers through the entity Citadel Senior Housing, Inc. paid $45 million to New Jewish Home through the entity Jewish Home Lifecare for the 295-room senior living facility building (I7) at 2550 Webb Avenue in Fordham Manor, Bronx. The deal closed on May 29, 2025 and was recorded on June 12, 2025. The property has 216,000 square feet of built space according to a…

Ulgur Aydin signs $25M construction loan with Castellan for 23-unit project in Williamsburg

Ulgur Aydin through the entity Oily River Owner & Development LLC as borrower signed a new construction loan with lender Castellan Capital through the entity Creif II Ch LLC valued at $25 million for the 23-unit project at 179 North 10th Street in Williamsburg, Brooklyn. On the lot, there is one active major alteration construction project, B00893028, for a 23-unit, 26,972 square-foot residential (R-2) building….

Shlomo Karpen signs $20.4M refi with Newmark for 63-unit rental in Bushwick

Shlomo Karpen through the entity Willtrout Realty LLC as borrower signed a refi loan with lender Newmark through the entity Berkeley Point Capital LLC valued at $20.4 million for the 63-unit residential elevator building (D3) at 961 Willoughby Avenue in Bushwick, Brooklyn. The deal closed on June 5, 2025 and was recorded on June 10, 2025. The prior lender was Citizens Bank which held debt…

Witnick Real Estate Partners pays $3.2M for 10-unit walkup in Gramercy

Witnick Real Estate Partners through the entity 223 E 21st Partners LLC paid $3.2 million to the entity Kazuku LLC for the 10-unit residential walkup building (C4) at 223 East 21st Street in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on May 29, 2025 and was recorded on June 10, 2025. The property has 6,962 square feet of built space and…

Congregation Yad Hakohen Dushinsky acquires dev site title in Kensington, borrows $11.2M

Congregation Yad Hakohen Dushinsky, which also uses the name Yeshiva Toras Aish Dushinsky, through the entity YTAD 18th LLC acquired title from Yadler Rabinowitz through the entity YBYT 18th Avenue LLC for the development site at 4030 18th Avenue in Kensington, Brooklyn. The transfer was valued at $4.1 million. The expected use is ground up development. The deal closed on May 30, 2025 and was recorded…

Horizon Group signs $28.8M refi with Dwight for 66-unit rental in Bushwick

Horizon Group through the entity Horizon At 391 Weirfield LLC as borrower signed a refi loan with lender Dwight Capital through the entity Dwight Capital LLC valued at $28.8 million for the 66-unit residential elevator building (D1) at 393 Weirfield Street in Bushwick, Brooklyn. The deal closed on May 29, 2025 and was recorded on June 11, 2025. The prior lender was Bank Hapoalim which…

Abro signs $58M refi with Ladder for rentals in East Village, Kips Bay

Abro Management through the entity 200 Realty Owner LLC as borrower signed a refi loan with lender Ladder Capital through the entity Ladder Capital Finance LLC valued at $58 million for two residential elevator properties with 188 residential units including the 86-unit residential elevator building (D1) at 225 East 6th Street in East Village, Manhattan and 102-unit residential elevator building (D6) at 425-429 Third Avenue…

Blackstone ups debt to $110.8M at Canarsie Plaza with Deutsche Bank, BOM, Barclays

Blackstone Group through the entity Breit Canarsie Owner LLC as borrower signed a refi loan with lender Deutsche Bank, Bank of Montreal, and Barclays valued at $110.8 million for seven properties that make up the regional mall Canarsie Plaza, including the mixed-use building (K8) at 8719 Avenue D, the retail building (K6) at 8725 Foster Avenue, and the retail building (K6) at 856 Remsen Avenue,…

Stellar signs $675M refi with consortium for Independence Plaza in Tribeca

Stellar Management through the entity IP Mortgage Borrower LLC as borrower signed a refi loan with lender Deutsche Bank, Bank of America, Wells Fargo, and Morgan Stanley valued at $675 million for the 1,328-unit residential elevator complex Independence Plaza (D6) at 310 Greenwich Street in Tribeca, Manhattan. The deal closed on June 5, 2025 and was recorded on June 11, 2025. The prior lender was…

Hadi Saleh pays $2.2M for foreclosed retail in Greenwich Village

Hadi Saleh through the entity East 13th Street Retail LLC paid $2.2 million through a real estate owned process to the former bondholders of the trust Series 2019-B10 through the entity Bmark 2019-B10 116 University LLC for the retail condo at 34 East 13th Street at the corner of University Place in Greenwich Village, Manhattan. The lender foreclosed on the property through the index number…

Shai Iluz pays $8.5M to L3 Capital for dev site in Williamsburg

Shai Iluz through the entity Momntum Bedford LLC paid $8.5 million to L3 Capital through the entity Rs Jz Bedford – N 6th, LLC for the vacant lot (V1) at 204-206 Bedford Avenue in Williamsburg, Brooklyn. The expected use is ground up development. The deal closed on May 28, 2025 and was recorded on June 11, 2025. The property has zero square feet of built…

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