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Investors buy Imperial Plaza for $75M, plan to spend millions more on upgrades Jonathan Spiers photos) A multimillion-dollar updating of one of Richmond’s longest-running senior living communities is in the works following a $75 million purchase last week. Imperial Plaza, a gated complex totaling hundreds of units in the city’s Northside, is being renamed and reimagined as a so-called “active adult” community after its sale Thursday to an out-of-town joint venture. The new owners are Bluestone Group, a New York-based commercial real estate investment firm, and frequent collaborator Br...

(Photo illustration by The Real Deal) Downtown Capital Partners, an alternative lender based in White Plains, New York, fired off a note to All Year Management and its founder, Yoel Goldman, last month: Cough up tens of millions of dollars of unpaid debt on a Gowanus development site or risk losing the property. The note from Downtown Capital threatening to take over the vacant site is one of several signs of All Year’s broader financial problems. The Brooklyn-based developer is also facing foreclosure on half of its massive Denizen luxury rental project at the site of the former Rheingol...

Follow Dec. 22, 2020 At the start of 2020, Yoni Saar was managing an event that included personalities no less than Vladimir Putin, Prince Charles and Mike Pence as part of the Fifth World Holocaust Forum. The occasion involved 700 people, among them 50 world leaders. Since March and the onset of the coronavirus, Saar has been organizing Zoom conferences out of small studios. But he knows he can’t complain, because many of his colleagues in the events and sales-promotion business don’t even have that to fall back on. Bibi gets immunity – just not the kind he really wants. LISTEN to Haar...