See How Commercial Real Estate Deals Are Being Cut As Debts Mount
Office properties and other assets are underwater. As trillions of dollars of debt expirations loom, borrowers and lenders seek to stave off calamity.
Source: businessinsider.com
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Jack Terzi's JTRE Holdings Secures CMBS Loan Modification for 240 East 54th Street – Commercial Observer
Jack Terzi completed a modification of his $42 million CMBS loan on his retail property at 240 East 54th Street.
Source: commercialobserver.com
Louis Vuitton, luxury brands double down on Manhattan retail
While the office, hotel and residential real estate markets continue to suffer, retail has undergone a revival in Manhattan and the outer boroughs.
Source: nypost.com
Jeff Sutton Unloads Midwood Commercial Building
Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Jeff Sutton unloads Midwood commercial building Sale was 1 of 3 recorded in the $10M-$30M range last week New York / Share via Shortlink 14 Vesey Street, 1123 Avenue J in Brooklyn, and Jeff Sutton of Wharton Properties (Americasroof/Wikipedia, Google Maps, Wharton) Jeff Sutton’s Wharton Properties has unloaded a Midwood commercial building, one of three mid-market investment sales in the city last week. The deals totaled $39.6 mi...
Source: therealdeal.com