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Ceruzzi Properties Secures $350 Million Loan at ‘The Centrale’ NYC Luxury Tower

Ceruzzi Properties Secures $350 Million Loan at ‘The Centrale’ NYC Luxury Tower

NEW YORK, Feb. 20 (Korea Bizwire) — Ceruzzi Properties has secured the next phase of financing at The Centrale, the luxury residential condominium tower at 138 East 50th Street in the Midtown East neighborhood of Manhattan.  Meritz provided Ceruzzi with a $350 million inventory loan collateralized by the luxury residential tower, which pays off a previous [...]

Madison Realty Capital Provides $48 Million First Mortgage Loan for Office Development in Manhattan’s East Village

Madison Realty Capital Provides $48 Million First Mortgage Loan for Office Development in Manhattan’s East Village

NEW YORK, Nov. 15 (Korea Bizwire) — Madison Realty Capital (MRC) has provided a $48.0 million senior loan for the funding of a $79.1 million financing package for the development of a mixed-use office project at 3 St. Mark’s Place in Manhattan’s East Village neighborhood. Hana Financial Group, a leading South Korean financial services company, [...]