Kushner Real Estate Group

Madison Capital and Taconic Capital provide $40 Million Financing for the Acquisition of 180 Howard Street in San Francisco

Retrieved on:

Thursday, November 30, 2023

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Madison Capital, a New York-based leading real estate investment firm and Taconic Capital Advisors LP (“Taconic”), a global institutional investment firm, today announced that they have provided $40 million in financing for the acquisition of 180 Howard Street in San Francisco’s South Financial District.

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Madison Capital, a New York-based leading real estate investment firm and Taconic Capital Advisors LP (“Taconic”), a global institutional investment firm, today announced that they have provided $40 million in financing for the acquisition of 180 Howard Street in San Francisco’s South Financial District.
180 Howard Street is a 13-story, 211,000 square foot office building centrally located along the Spear Street Corridor and steps from the Transbay Termination, Ferry Building, and Embarcadero waterfront.
Jonathan Nachmani, Managing Director at Madison Capital, said, “We’re thrilled to work with Taconic on this opportunity.
As property values begin to adjust in the Bay Area, we believe it’s an opportune time to invest across the capital stack.

Chicago Loop Alliance Foundation annual gala and stroll enlivens State Street

Retrieved on:

Wednesday, November 8, 2023

CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Chicago Loop Alliance is pleased to announce the Let the Good Times Stroll Annual Gala gathered over 350 key Loop stakeholders and civic luminaries along State Street for a lively, New Orleans style second line parade along State Street from Couch Place alley to the Palmer House, a Hilton hotel.

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CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Chicago Loop Alliance is pleased to announce the Let the Good Times Stroll Annual Gala gathered over 350 key Loop stakeholders and civic luminaries along State Street for a lively, New Orleans style second line parade along State Street from Couch Place alley to the Palmer House, a Hilton hotel.
Event attendees assembled in Couch Place alley for a brief cocktail reception before stepping off along State Street sidewalks led by Chicago brass band, Windy City Ramblers.
“Bringing the Big Easy to the City of Broad Shoulders only further enhanced the Loop’s unique nature of iconic architecture surrounded by unknown surprises around every corner,” said Michael Edwards, President and CEO of Chicago Loop Alliance.
“Let the Good Times Stroll brought joy to not only our gala attendees, but to the many Chicagoans and visitors along State Street who cheered and took photos of us along the way.

Pryor Cashman Welcomes Christian Hylton to Its Real Estate Group

Retrieved on:

Wednesday, October 11, 2023

Pryor Cashman is pleased to announce that Christian Hylton has joined the firm as a partner in the Real Estate Group and Land Use + Zoning Practice.

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Pryor Cashman is pleased to announce that Christian Hylton has joined the firm as a partner in the Real Estate Group and Land Use + Zoning Practice.
Christian comes to Pryor Cashman from Phillips Nizer LLP, where he was a partner and co-chair of the land use and government relations practice.
Christian’s practice focuses on oversight and management of matters related to land use, zoning, and economic development, along with commercial and residential real estate.
“Christian is joining our firm at a great time,” said Ronald Shechtman , Managing Partner of Pryor Cashman.

WALNUT STREET EXTENSION OPENS TODAY

Retrieved on:

Friday, September 29, 2023

The $22 million Walnut Street Extension Project (SR 1050 Section 101) adds a 1.2-mile, two-lane roadway connecting Greenfield , a growing, mixed-use commercial and residential development, to U.S. Route 30 and the City of Lancaster.

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The $22 million Walnut Street Extension Project (SR 1050 Section 101) adds a 1.2-mile, two-lane roadway connecting Greenfield , a growing, mixed-use commercial and residential development, to U.S. Route 30 and the City of Lancaster.
“The success of the Walnut Street Extension Project is a prime example of how collaboration between the government, private sector and community can effectively address transportation safety concerns while also safeguarding valuable farmland, generating employment opportunities, and enhancing recreational amenities for both locals and tourists,” said Mark Fitzgerald, president and COO, High Real Estate Group LLC.
I would also like to thank Lancaster County and the City of Lancaster for their support throughout the process.”
During weekday commuter peak hours, the Walnut Street Extension is anticipated to divert approximately 700 to 800 vehicles per hour from the Greenfield Road corridor.
Link to drone footage of Walnut Street Extension.

Victory Real Estate Group Celebrating 15 Years of Impacting Communities Through Superior Commercial Real Estate Development

Retrieved on:

Thursday, September 21, 2023

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At Victory Real Estate Group, they believe in building strong sustainable communities that prioritize social impact. Their 15-year history proves that they are a company that is dedicated to making a positive impact on the world around them.

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Dallas, Texas--(Newsfile Corp. - September 21, 2023) - Victory Real Estate Group, a full-service real estate company celebrates its 15th anniversary.
To view an enhanced version of this graphic, please visit:
"At Victory Real Estate Group, we believe that success comes from creating opportunities for others.
Victory Real Estate Group focuses on working closely with its partners, attracting top talent, and positively impacting the communities where it operates.
For more information about Victory Real Estate Group and its services, please visit its website at http://www.victoryrealestategroup.com .

Christie’s International Real Estate Group Plants Luxury Flag In The Hamptons

Retrieved on:

Thursday, August 31, 2023

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Christie’s International Real Estate Group is also eyeing further expansion in the Hamptons.

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Christie’s International Real Estate Group is also eyeing further expansion in the Hamptons.
“We look forward to bringing the Christie’s International Real Estate brand to the Hamptons, offering our exceptional client service, world-class marketing and local expertise.”
“One of the most desirable locations for luxury real estate in the country, and perhaps the world, the Hamptons are an important market for Christie’s International Real Estate,” said Chris Lim, president of Christie’s International Real Estate.
“As one of the fastest-growing, most successful brokerage firms in the New York metro over the past decade, Christie’s International Real Estate Group is the perfect partner to bring our global brand and unparalleled benefits to Hamptons buyers and sellers.”
The Hamptons is one of a number of luxury markets in which Christie’s International Real Estate has expanded recently.
Christie’s International Real Estate Group is a two-time Christie’s International Real Estate Affiliate of the Year, the highest honor awarded by the luxury network.

ARIXA CAPITAL ANNOUNCES STRATEGIC JOINT VENTURE WITH OAKTREE

Retrieved on:

Thursday, August 24, 2023

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LOS ANGELES, Aug. 24, 2023 /PRNewswire/ -- Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") today announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and commercial real estate.

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LOS ANGELES, Aug. 24, 2023 /PRNewswire/ -- Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") today announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and commercial real estate.
Arixa Capital is a leading private real estate lender and investment manager, operating throughout the Western United States.
"Arixa is known for its long-term relationships, built over the course of originating more than $3.5 billion in real estate loans," said Seth Davis, Managing Director of Arixa Capital.
This new joint venture provides us with significant additional capacity to continue supporting our clients' financing needs."

EQS-News: Instone continues its very solid performance in a still challenging environment

Retrieved on:

Thursday, August 10, 2023

As a result, Instone is well on track to achieve its financial forecast for the full year 2023 despite the ongoing difficult market environment.

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As a result, Instone is well on track to achieve its financial forecast for the full year 2023 despite the ongoing difficult market environment.
A moderate recovery in demand in unit sales to private investors from a low level can be observed in recent months.
Instone continues to benefit from the high proportion of projects that have already been pre-sold and have a total volume of around EUR 2.9 billion.
Instone has a strong balance sheet, which is a key competitive advantage in the current market environment.

Taconic Capital Advisors Provides Tishman Speyer with a $56 Million Mezzanine Refinancing of 11 West 42nd Street on Bryant Park

Retrieved on:

Thursday, July 13, 2023

Taconic Capital Advisors LP (“Taconic”) today announced that it provided Tishman Speyer, a leading owner, developer, operator, and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia, and Latin America, with a $56.0 million mezzanine loan to facilitate the refinancing of its Class A office tower located at 11 West 42nd Street in New York City’s prestigious Bryant Park district.

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Taconic Capital Advisors LP (“Taconic”) today announced that it provided Tishman Speyer, a leading owner, developer, operator, and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia, and Latin America, with a $56.0 million mezzanine loan to facilitate the refinancing of its Class A office tower located at 11 West 42nd Street in New York City’s prestigious Bryant Park district.
Designed by York & Sawyer and completed in 1927, 11 West 42nd Street employs an “H”-shape layout, which allows for eight corner offices per floor and brings in natural sunlight throughout the building.
“As negative sentiment in the office market persists, we continue to find nuanced, less-competitive opportunities in both private and public credit,” said Andrew Lam, Director in Taconic Capital Advisors’ Commercial Real Estate Group.
The debt proceeds, together with additional borrower equity, were used to retire the existing debt on the property and fund reserves for Tishman Speyer’s ongoing leasing program.

United Real Estate Announces Second Strategic North Alabama Expansion

Retrieved on:

Tuesday, June 27, 2023

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DALLAS, June 27, 2023 /PRNewswire/ -- United® Real Estate (United) announced its second expansion in Huntsville, Alabama today, solidifying its position in the top three residential brokerages in the local market. United's Leading Edge Real Estate Group, which joined United's national network in 2022, and Huntsville-based Revolved Realty have merged operations.

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3 market share leader in unit sales
DALLAS, June 27, 2023 /PRNewswire/ -- United® Real Estate (United) announced its second expansion in Huntsville, Alabama today, solidifying its position in the top three residential brokerages in the local market.
"The merger of these two great local brokerages, combined with the backing of our national partner United Real Estate, offers limitless opportunities for buyers and sellers across north Alabama and southern Tennessee.
Today's real estate landscape is vastly different than just five years ago, and these entrepreneurs are leveraging their unique talents and United Real Estate's national resources to great advantage for their company and agents," stated Rick Haase, President of United Real Estate.
To learn more about United Real Estate, brokerage succession planning, brokerage valuation and sale or franchising opportunities, visit GrowWithUnited.com or call 888-960-0606.