Transfers

CACHED

Iris Holdings signs $114.5M acquisition loan with Greystone for nine rentals in Queens

Iris Holdings Group through the entity State Preservation Housing Development Fund Corp. as borrower signed an acquisition loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $114.5 million for nine residential elevator properties with 753 residential units including the 151-unit residential elevator building (D1) at 64-20 Saunders Street in Rego Park, Queens, 129-unit residential elevator building (D1) at 63-60…

Paramount signs new $120M loan with New York Life for office in Midtown East

Paramount Group through the entity 900 Third Avenue, L.P. as borrower signed a new loan with lender New York Life Insurance Company valued at $120 million for the office building (O4) at 900 Third Avenue in Midtown East, Manhattan. The deal closed on December 1, 2025 and was recorded on December 3, 2025. The property has 516,710 square feet of built space according to a…

Magna Hospitality Group signs $165M refi loan with Wells Fargo for hotel in Garment District

Magna Hospitality Group through the entity NY 36th Street Operating V LLC as borrower signed a refi loan with lender Wells Fargo through the entity Wells Fargo Bank, National Association valued at $165 million for the hotel building (H2) at 338 West 36th Street in Garment District, Manhattan. The deal closed on November 26, 2025 and was recorded on December 3, 2025. The prior lender…

Discount store owner pays $7M for three properties in Soundview

The owner of AAA Wholesale Cash and Carry through the entity 1128 Bronx One, Inc. paid $7 million to Philip Schwartz, Hal Schwartz, and Jeffrey Schwartz through the entity Donfel HJ LLC for two industrial buildings (E1) at 1120-1130 Close Avenue and an adjacent vacant lot at 1117 Colgate Avenue, all in Soundview, Bronx. The expected use is owner-occupied. The deal closed on November 19,…

Unicorp National Developments sells possible dev site in Brownsville for $11.2M

The entity 1132 Holding LLC in care of the law firm Menicucci Villa Panzella Calcagno, paid $11.2 million to Unicorp National Developments through the entity W 16 East New York, LLC for the retail building (K1) at 1134 East New York Avenue in Brownsville, Brooklyn and adjacent parking lot (G7) at 1132 East New York Avenue in Brownsville, Brooklyn. The expected use ground up development….

Two80 Real Estate pays $16.9M to Scharfman for 87-unit rental in Washington Heights

Two80 Real Estate Ventures through the entity 1 Arden Realty LLC paid $16.9 million to the Scharfman Organization through the entity One Arden Partners, LP for the mixed-used building (D7) with 87 residential units and eight retail units at 126 Nagle Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The deal closed on December 2, 2025 and was recorded on December 3,…

Witnick Real Estate Partners pays $23.4M to Fairstead for 79-unit rental in Astoria

Witnick Real Estate Partners through the entity 11-15 Broadway Property LLC paid $23.4 million to Fairstead through the entity 11-15 Broadway Delaware Owner LLC for the 79-unit residential elevator building (D1) at 11-15 Broadway in Astoria, Queens. The expected use is cash flowing. The deal closed on December 1, 2025 and was recorded on December 3, 2025. The property has 76,129 square feet of built…

AM Property Holding pays $133M to Clarion Partners for office in Garment District

AM Property Holding through the entity 114 W 41 Owner Bh LLC paid $133 million to Clarion Partners through the entity Columbia New York 41st Street Office Properties for the office building (O4) at 115 West 40th Street in Garment District, Manhattan. The expected use is cash flowing. The deal closed on November 25, 2025 and was recorded on December 3, 2025. The property has…

Nonprofit signs $53.3M renovation loan for affordable Three Arts Club apartments in UWS

West Side Federation for Senior and Supportive Housing through the entity Brandon Housing Development Fund Company, Inc. as borrower signed a rehab construction loan with lender JPMorgan Chase valued at $53.3 million for the Three Arts Club affordable housing hotel building (HH) at 340 West 85th Street in Upper West Side, Manhattan. The deal closed on November 21, 2025 and was recorded on December 2,…

LIHC Investment Group signs $59.6M loan with Lument for 214-unit rental in Bedford Stuyvesant

LIHC Investment Group through the entity Norgate Development Associates L.P. as borrower signed a refi loan with lender Lument through the entity Lument Real Estate Capital, LLC valued at $59.6 million for the 214-unit residential elevator building (D1) at 390 Nostrand Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on October 29, 2025 and was recorded on December 2, 2025. The property has 218,302 square…

Davis Companies signs $90M refi loan with QuadReal Property Group for storage in Chelsea

Davis Companies through the entity Div West 29th Street, LLC as borrower signed a refi loan with lender QuadReal Property Group through the entity Qr Real Estate Capital Reit LLC valued at $90 million for the industrial building (E7) at 155-165 West 29th Street in Chelsea, Manhattan. The deal closed on November 3, 2025 and was recorded on December 2, 2025. The prior lender was…

Abraham Podolsky, Yizhaq Sidaoui pays $6.3M for mixed-use in Sheepshead Bay

Abraham Podolsky and Yizhaq Sidaoui through the entity Highway 17 LLC paid $6.3 million to Georganne V. Jaffe and Alan M. Newman through the entity Famaly Realty LLC for the mixed-use building (K2) at 1702 Kings Highway in Sheepshead Bay, Brooklyn. The expected use is cash flowing. The deal closed on November 20, 2025 and was recorded on December 2, 2025. The property has 21,009…

Sabet Group pays $6.7M for two walkups in Midtown East

Sabet Group through the entity 1055-57 Second Ave LLC paid $6.7 million to Stella Sklias and Kristianne Bishop through the entity 1055-1057 Second Avenue LLC for the 12-unit residential walkup building (C7) at 1057 2nd Avenue in Midtown East, Manhattan and 12-unit residential walkup building (C7) at 1055 2nd Avenue in Midtown East, Manhattan. The expected use is cash flowing. The deal closed on November…

EquityMultiple pays $8.8M to AMAC for residential walkup in Alphabet City

EquityMultiple through the entity Emip 21, LLC paid $8.8 million to AMAC through the entity 207 East 4th Street Owner LLC for the eight-unit residential walkup building (C7) at 207 East 4th Street in Alphabet City, Manhattan. The expected use is cash flowing. The deal closed on November 20, 2025 and was recorded on December 2, 2025. The property has 7,166 square feet of built…

Shunqian Liu pays $10.4M for dev site in Astoria

Shunqian Liu through the entity Unionstone Development LLC paid $10.4 million to Janos Kanta and Gloria Kellarakos through the entity 3075 21st Street LLC for the development site (V1) at 30-75 21st Street in Astoria, Queens. The expected use is ground up development. The deal closed on November 24, 2025 and was recorded on December 2, 2025. The property has zero square feet of built…

California-based BTC Enterprises pays Rettner Realty $10.5M for retail in Rosebank

California-based BTC Enterprises through the entity BTC Enterprises, L.P. paid Rettner Realty through the entity 835 Walton, LLC $10.5 million for a retail building (K6) at 1125 Bay Street in Rosebank, Staten Island. The deal closed on November 24, 2025 and was recorded on December 2, 2025. The property has 15,750 square feet of built space and 24,709 square feet of additional air rights for…

Stellar Management sells 209-unit rental in Soundview for $17.9M

The entity Underhill Flats, LLC, in care of Michael Silberberg’s law firm Silberberg & Kirschner, paid $17.9 million to Stellar Management through the entity Stellar Bruckner LLC for the 209-unit residential elevator building (D3) at 950 Underhill Avenue in Soundview, Bronx. The expected use is cash flowing. The deal closed on November 20, 2025 and was recorded on December 2, 2025. The property has 216,650…

Krown Point Capital, EJS Group pay $43M for dev site, air rights in Midtown East

Krown Point Capital and EJS Group paid a total of $43 million for for a two-building development site and an additional 49,000-square-feet of air rights, at the corner of East 56th Street and Second Avenue, in Midtown East, Manhattan, in two separate transactions. Krown Point Capital and EJS Group through the entity 240 East 56th Street Owner LLC paid $32.5 million to Stella Sklias and…

Dynamic Star puts Bronx Fordham Landing with $117.5M debt in bankruptcy to halt UCC foreclosures

Dynamic Star filed a bankruptcy petition on Monday to block UCC sales related to $117.5 million in debt secured by a 4,000-unit Fordham Landing development project it has proposed in a joint venture with Namdar Realty Group. Brad Zackson, who leads Dynamic Star along with Gary Segal, signed the bankruptcy petition, but the filing was not made with the participation of Namdar. In fact the…

Madison Capital signs $25.5M refi with Northeast Bank for two properties in Red Hook

Madison Capital through the entity MC PR III 688 Court Realty LLC as borrower signed a refi loan with lender Northeast Bank valued at $25.5 million for two properties including the industrial building (G7) at 688 Court Street in Red Hook, Brooklyn and property at 702 Court Street in Red Hook, Brooklyn. The deal closed on November 14, 2025 and was recorded on December 1,…