(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 Rheingold Brewery in Bushwick and was delisted from the Tel Aviv Stock Exchange in early January.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
MADISON REALTY CAPITAL BREAKS GROUND FOR MIXED USE RESIDENTIAL AND PUBLIC SCHOOL DEVELOPMENT .
Madison Realty CapitalJanuary 22, 2021 GMT
69-02 Queens Boulevard in Woodside, Queens
69-02 Queens Boulevard in Woodside, Queens
NEW YORK, Jan. 22, 2021 (GLOBE NEWSWIRE) Madison Realty Capital, a New York City-based real estate private equity firm focused on debt and equity investment strategies, today announced it has begun construction of the new school, PS Q340, at its mixed-use development at 69-02 Queens Boulevard in Woodside, Queens in a public-private partnership with the New York City School Construction Authority (SCA) and Department of Education. The property services union, 32BJ SEIU will be responsible for building services.
Home / Top News / MADISON REALTY CAPITAL PROVIDES $73.5 MILLION FINANCING FOR PORTFOLIO OF EIGHT MULTIFAMILY AND INDUSTRIAL PROPERTIES IN NEW JERSEY
MADISON REALTY CAPITAL PROVIDES $73.5 MILLION FINANCING FOR PORTFOLIO OF EIGHT MULTIFAMILY AND INDUSTRIAL PROPERTIES IN NEW JERSEY
NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) Madison Realty Capital, a New York City-based real estate private equity firm focused on debt and equity investment strategies, today announced that it successfully originated a $73.5 million loan for a portfolio of eight multifamily, commercial, industrial, and retail properties in New Jersey.
Located across New Jersey, the properties in the portfolio include:
An 8.7 acre residential, commercial and self-storage development site in Harrison located adjacent to the Harrison Port Authority Trans-Hudson (PATH) train station and a short ride to New York City.
Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn newsmakers.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmakers.pk Daily Mail and Mail on Sunday newspapers.
Madison Realty Capital
Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn
Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn
NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity investment strategies, today announced it has provided $53 million in construction financing to Heritage Equity Partners, led by Toby Moskovits and Michael Lichtenstein, for a 150-unit ground-up multifamily development located at 875 4
th Avenue between 32
nd and 33
rd Streets, in “South Park Slope,” also known as the Sunset Park neighborhood of Brooklyn, NY.