Developer of Bed-Stuy condo project nabs $55M loan

But the real estate industry’s troubles stopped Boyd’s project at the start of its construction phase. Genting bought the lot for $350 million in 2013. Just south of the Genting project’s location, an arm of Australia-based Crown Resorts is planning a 35-acre development called Alon, a casino resort that would have 1,100 rooms.

There are units in contract at buildings like Walker Tower, the former Verizon tower at 212 West 18th Street – which was converted to luxury condos by JDS Development and Property Markets Group – and the much ballyhooed Herzog & de Meuron-designed 56 Leonard Street for more than $50 million and $47 million apiece, respectively, according to news reports.

Apr 17, 2019, The Real Deal, Australian tech millionaire lists $23M condo at Trump. Journal, Garmin's Min Kao puts another property on the market for $55M.. Nov 16, 2017, Curbed NY, Developer Joseph Chetrit is selling three.. Jun 26, 2014, The Real Deal, Bauhouse Group gets $35M loan for Chelsea condo project.

Mr. Packard joined Apollo in 2010 and is a Partner and oversees the investment activities for the U.S. Real Estate Private Equity Group. Prior to joining Apollo, Mr. Packard led the investment activities of Ridgeline Capital Group, an independent real estate investment management company focused on investments to restructure and recapitalize real estate companies and properties in the United.

Bright Bed-Stuy condo with two spacious balconies wants $899K. The two-bedroom condo measures 870 square feet and is part of a five-story building

Real estate developer and investment firm Cape Advisors scored a $52 million construction loan for a luxury condominium development in Manhattan’s Tribeca neighborhood, according to a statement.

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A seven-building development coming to the former site of Bed-Stuy’s Cadcade Linen factory may seek between $1 million and $2 million for majority of the project’s 301 condos. The neighborhood.

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Victor Group and Lendlease Development planning 55-story tower with residences, retail space north of Madison Square Park. A development group has secured $369 million in financing for a luxury condominium project north of Manhattan’s Madison Square Park, despite a slowing market for condo sales in New York. Victor Group.

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