Midas Hospitality Buys Distressed Brooklyn Hotel From Abraham Leifer
St. Louis-based Midas Hospitality is buying a Downtown Brooklyn hotel at 291 Livingston Street out of bankruptcy for $35 million.
Source: commercialobserver.com
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Nearly Finished Downtown Brooklyn Hotel Files for Bankruptcy
Facing foreclosure, the owners of a nearly completed hotel project in the heart of Downtown Brooklyn filed for bankruptcy to pay off its debts.
Source: therealdeal.com
Parkview Financial Provides $66M for 131-Unit Project in Brooklyn
Parkview Financial announced today it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment project located at 57 Caton Place in Brooklyn, NY. With this loan in place, construction has now commenced with completion anticipated for January 2024. The...
Source: rew-online.com