Maddd Equities

Jorge Madruga and Joy score $86M refi for new Hudson Yards rental building The Lewis opened last month and is 25% leased

From left: 411 West 35th Street, Eli Weiss and Jorge Madruga (Credit: Mark Maurer for The Real Deal)

Jorge Madruga’s Maddd E阿拉爱上海同城 爱上海龙凤419桑拿quities a爱上海同城手机版 新爱上海同城对对碰论坛nd Joy Construction Corporation have locked in an $86 million refinancing from KKR for its newly opened Hudson Yards rental building the Lewis, Joy principal Eli Weiss told The Real Deal.

The developers of the 12-story, 186-unit property at 411 West 35th Street launched leasing in January and then opened the doors in February.

The financing replaces a total of $79.4 million in loans provided by Wells Fargo in 2014, records show.

The property is about 25 percent leased so far, Weiss said. Rents range from $2,580 to $5,810 per month. The developer is offering two months新爱上海同城对对碰论坛 上海同城对对碰交友社区 of free rent on the available uni上海夜网 阿爱上海同城ts, according to StreetEasy. Douglas Elliman handles leasing and marketing at the 191,000-square-foot property.

Maddd and Joy, led by Weiss and Amnon Shalhov, bought the parking lot on the site for $26 million in 2012 spent another roughly $90 million on the development. The property was named after Lewis Katz, the late philanthropist and Philadelphia Inquirer co-owner who owned the lot.

An HFF team led by Andrew Scandalios, Steve Klein and Rory Sheppard brokered the financing. HFF declined to comment and KKR could not reached.

The developers, which have recently zeroed in on Hudson Yards, also built the Four Points Manhattan Midtown West hotel at 444 10th Avenue and are close to wrapping construction on the 118-unit property at 445 West 35th Street. Sales are slated to launch at the latter building this summer.

Tags: Hudson Yards, Real Estate Finance
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Nonbank Lenders

Nonbanks eat up lending market share with 40% increase in loan origination G阿拉爱上海同城 爱上海龙凤419桑拿reater competition could lead to the funding of riskier loans, according to some analysts

California State Teachers 上海贵族宝贝交流区 上海贵族宝贝论坛Retirement System CEO Jack Ehnes and Children s Investment Fund Foundation CEO Kate Hampton (Credit: Getty, Twitter, and iStock)

While banks struggle with financial regulations, non-conventional lenders are taking a bite out of market share.

Nonbanks originated nearly $60 billion last year, a 40 percent increase from 2014, the Wall Street Journal reported, citing data from Green Street Advisors. Now, those lenders account for 10 percent of market share, up from 2 percent in 2014.

Private equity firms, pension funds and government funds are delving into higher-risk lending including construction and bridge loans, while big banks constrict loans following the 2010 Dodd-Frank financial overhaul. Some analysts told the Journal that because of increased competition, there s a greater chance of overbuilding or funding of risky construction projects.

But there’s no indication that that competition爱上海同城论坛 爱上海同城 will lessen anytime soon. Last year, real estate debt funds managed by private equity firms raised $32.3 billion, up fro爱上海同城手机版 新爱上海同城对对碰论坛m $22.5 billion in 2016, the report stated, citing data from Prequin.

The California State Teachers’ Retirement System, which owns around $29 billion in real estate, recently announced it would allocate $500 million to a new account managed by a real estate debt firm.

In New York, the Children s Investment Fund, or TCI Fund Management, a U.K.-based lender that evolved from a charity, has signed multiple $1 billion loans in recent years.  Other non-conventional firms who have made large investments in the debt fund business i上海千花网交友 上海千花网论坛nclude Goldman Sachs, Oaktree Capital Management and the Blackstone Group.

Nonbanks are now the leading mortgage lenders in many metro areas, including South Florida,  Some say the rise of nonbanks allows borrowers easier access to mortgages. Others are critical that these companies aren’t under the same regulatory scrutiny as banks. [WSJ] — David Jeans

Tags: construction loans, Dodd-Frank, lending, Real Estate Finance
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Real Estate Holiday Parties

Brian Shatz, Josh Zegen and Adam Tantleff (Photo credit: Gillian Milberg)

Instead of its usual stomping grounds high above the Meatpacking District at the top of the Standard Hote上海贵族宝贝 上海千花网龙凤论坛l, the firm hosted guests this year at the Spring Studios event space last Wednesday night.

The event – which is always one of the livelier of the real estate industry’s holiday-party circuit – drew a crowd of movers and shakers, as per usual.

Madison Realty Capital decorated the entrance to their party sp上海夜网论坛 上海夜网ace with renderings of the various projects they had financed over the years. And as the suit-and-tie real estate crowd arrived at the trendy Tribeca venue, they mixed in the elevators and ha上海贵族宝贝论坛 上海贵族宝贝llways with attendees at other parties in the building – some of whom sported neon-colored hair and were clearly part of a more decidedly Downtown party scene.

At the entrance to t爱上海同城手机版 新爱上海同城对对碰论坛he party, two signs on the wall with a pink spotlight announced, sans punctuation, Madison Realty Capital, and, The Holiday Party. The well-dressed gatekeepers checked the guest list on iPads.

The Madison Realty Capital team (Photo credit: Gillian Milberg)

Madison Realty Capital’s Josh Zegen mingled in a crowd that included Jonathan Landau of Fortis Property Group, Ackman Ziff’s David Rabinov, MHP Real Estate Services’ David Sturner, Meridian Capital’s Ralph Herzka, Steven Vegh of Westwood Realty Associates and Adelaide Polsinelli of Compass, among others.

Partygoers could also sneak up a set of stairs to a lounge overlooking the room. The perch, after wading through a maze of black balloons and pinkish purple light, offered a bird s-eye view of the impressive crowd. The bathroom on this floor was also filled with balloons.

Spring Studios (Photo credit: Christian Atherton)

Ian Bruce Eichner, who got a $168 million condominium-inventory loan from Madison Realty earlier this year for his Flatiron District apartment tower at 45 East 22nd Street, was in attendance. So was a representative from Dune Real Estate, Eichner’s equity partner on the tower that he sued over the project earlier this year.

But it can be difficult to avoid those kinds of uncomfortable crossings when putting together a guest list in such a litigious industry.

Tags: holiday parties, madison realty capital
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520 Park Avenue

This 520 Park pad just closed爱上海同城论坛 爱上海同城 for $64M The unit was originally priced at $76M, offering plan shows

阿拉爱上海同城 爱上海龙凤419桑拿520 Park Avenue and William Zeckendorf

One of the priciest residential deals to start off the year is another penthouse closing at Zeckendorf Development’s 520 Park Avenue.

The duplex penthouse sold for $64.25 million, according to records filed with New York City’s Department of Finance. The buyer is listed as “CJFGK, LLC.”

The buyer financed the purchase with a $32.13 million mortga爱上海 爱上海同城手机版ge from JPMorgan Chase, records show. The LLC is managed by Moshe Oppenheim, an attorney with First Quality in Great Neck, New York. First Quality manufactures a variety of products include baby diapers, paper towels and food packaging containers.

The buyer’s attorney, Karen Geringer at Greenberg Traurig, didn’t immediately respond to request for comment.

The duplex, DPH 54, spans 9,138 square feet and was priced at $76 million, according to the offering plan. It sold for $7,031 per square foot.

The closing is the latest in a string of pricey sales at 520 Park. Billionaire Frank Fertitta, the former owner of the Ultimate Fighting Championship, was said to have bought a unit for $70 million, though it s not clear which one. Last month, a duplex penthouse unit sold for $68 million to an anonymous buyer. It was previously asking $83 million. Billionaire investment banker Ken Moelis also bought a $62 million penthouse at the Robert A.M. Stern-designed building. And vacuum cleaner mogul James Dyson also reportedly snagged a $73.8 million unit at the 54-story tower.

Earlier this month, the developer decided to split up the b上海贵族宝贝 上海千花网龙凤论坛uilding’s $130 million triplex. The offerings are now being marketed as a simplex seeking $40 million and duplex priced between $80 million and $100 million, The Real Deal reported. Closings began at the development in September.

Tags: 520 Park Avenue, penthouses, Residen上海龙凤论坛sh1f 上海龙凤论坛tial Real Estate
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Folk gives big look! Japan plays hair disinter SFC high ” romantic Sha Jia 3 ” 100% acrobatics comprehend a method

” romantic Sha Jia 3 ” was 1995 the classical RPG game that Shi Ai rolls out in lead plane of Ren Tiantang SFC, among them game system ” acrobatics is comprehended ” the topic that is player take delight in talking about all the time, however famous recently insularity plays high ” OYATU ” mulberry criterion released not complex 100% special effects to comprehend a method, cause netizens consistent exclaim. · ” acrobatics is comprehended ” the system of a game that the system just promotes interest originally, it is difficult that the method of implementation says, say simple more not simple, no more than repeats a battle ceaselessly to fight again namely, however this kind of random sex lets ” 100% acrobatics are comprehended ” implementation is become almost impossible. · and insularity plays high ” OYATU ” of mulberry ” 100% acrobatics are comprehended ” square law is to apply ” the state returns ” system of interior of this one game, the player restarts ” romantic Sha Jia 3 ” it is OK to want to pressing A key to be not put only after game enter a battle instantly and the result that fights every times is same, want to repeat this one process ceaselessly only, every times the battle can accumulate new trick to comprehend ceaselessly! · ” romantic Sha Jia 3 ” refashion edition is booked 2019 put on sale, whether can still apply this to plant ” compulsive and random ” the method is swift ” 100% acrobatics are comprehended ” return unknown, want experience to be in nevertheless casual the player of a pleasure that skill comprehends still was not cared about. [……]

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Mischievous dog vice-president is right ” mysterious maritime space ” new film director is very satisfactory: I can be his big vermicelli made from bean starch

Mischievous dog vice-president is right ” mysterious maritime space ” new film director is very satisfactory: I can be time of his big vermicelli made from bean starch: 2019-01-16 10:42:02 origin: 3DM compiles an author: Square edits: Square
Suo Ni is right ” mysterious maritime space ” of this one classical game adapt film course very rough, light is the director desertioned several. The director that exits recently is Shawn Levy (” language of quite strange thing 2 ” director) , of the member alter the affects the motion picture play of very old rate. Arrived today, this film begins to stride the right path eventually it seems that, and the vice-president Neil Druckmann of mischievous dog, also pushing go up especially infrequent expression support. Before wanting to know to be in, druckmann ever made known his position clearly, this ” mysterious maritime space ” the dish that film trend is not him. As the playwrite at that time, joe Carnahan can have not expressed to game one party well-intentioned, from Druckmann push especially medium also can peep two collaboration are very stiff at that time. To ” mysterious maritime space ” film playwrite this word recently, I should make it clear that mischievous dog is opposite at present the progress utterly ignorant of the film, hope he can stop to take rhythm to said to win our support. (graph middle falls: I hear the person of mischievous dog is very satisfactory to screenplay, but who knows, those words that perhaps this and Telangpu say are falsehood at all euqally. ) be in however 14 2016 Jing Song suspense piece ” Keluofu 10 (10 Cloverfield Lane) ” director Dan Trachtenberg is airborne ” mysterious maritime space ” the group that make, the vice-president of mischievous dog also changed his one’s intention accordingly. Showed the support to Dan and hopeful attitude. But I direct the big vermicelli made from bean starch of Dan, special expecting he can show a Nathan Drake that is full of glamour is mainly, it seems that this plan is long already adapt the film eventually ready, of course the group that make must await ” Holand younger brother ” Tom Holland finishs ” spider a person adept in martial arts and given to chivalrous conduct: The hero is expeditionary ” the ability after conduct propaganda works begins to pat, this means the fastest this summer to be able to hear the real progress news of film. [……]

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Classical game of 4 people collaboration ” the person that the castle is destroyed ” will land PS4 and Switch

Be born at Xbox360 times ” the person that the castle is destroyed (Castle Crashers) ” be make game of excellent much person movement. Make come for years, only the player ability of PC, Xbox360 and PS3 platform plays this game, however The Behemoth of business of this game development is the closest two days push special information is being alluded it seems that ” the person that the castle is destroyed ” want transplanting to give PS4 and Switch. ” the person that the castle is destroyed ” development business The Behemoth is the picture that released handle of a Switch of 4 kinds of color on March 15 first, 4 kinds of color on the picture and ” the person that the castle is destroyed ” the role that the player in game handles is same, this caused Switch player guess. Everybody thinks this piece of picture is in succession ” the person that the castle is destroyed ” the best proof that lands Switch. Be in Switch player secretly when chuckle to oneself, the Behemoth released another piece of picture again on March 16, the picture is planted 4 PS4 handle also as it happens is corresponding ” the person that the castle is destroyed ” 4 characters facial expression. Look ” the person that is the castle destroyed ” should also land PS4 cough up? The Behemoth expresses to will release more information at Zhouer. [……]

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” incomplete machine 0: Final beginning ” bloody force still has the X-certificate that be judged bare

Recently, ESRB grade orgnaization is right ” incomplete machine 0: Final beginning ” undertook grade works, because include,this part acts game bloody, violent, the part is bare, sexual theme, the language is waited a moment, be judged to be X-certificate ” M ” class. ” incomplete machine 0: Final beginning ” the story told about pair of the world to be born without the leading role that can love, suicidal hind discovers he awakes in island of a barren however, the world that detested in the past destroys almost to use up already, the mankind only of remnant 4 male 4 female must seek to live on in the hardship in civilized debris, reveal dusty truth stage by stage. In game, player general and various living things undertake the bout makes a fight. Animation of cross the stage included a few violent appearance: In a series of pictures the part is stricken ceaselessly; part is worn by long burr; Part bosom explodes, blood splashs screen. A few get hurt of the part facial still included melt, the camera lens that disappear. In addition, game still included a gender to allude a theme: Woman role lies on the bed, only sheet covers chest; And a few languages kind sexual suggestion is waited a moment; Among them ” F**k ” ” Sh*t ” in waiting for a language to also appear in game. ” incomplete machine 0: Final beginning ” will land North America area on April 9, expect please. [……]

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Eidos is right ” barrow beautiful shadow: Umbra ” expression ” super satisfaction “

The 2019 money that SE ever held in Feburary this year year mention on conference of newspaper of money of the 3rd quarter, ” barrow beautiful shadow: Umbra ” ” weak force leaves bureau ” , end to be 4.12 million to volume of total shipment of end of the 3rd quarter. Look in Montreal of development business Eidos however, they are very satisfactory ” barrow beautiful shadow: Umbra ” the expression of game, no matter be media public praise or commercial sales volume,go up. On PAX East, producer Jonathan Dahan tells outside intermediary USGamer: “We are right ” barrow beautiful shadow: Umbra ” performance is super and satisfactory, include media evaluation and commercial sales volume, very satisfactory. This also is why we continue to developing DLC, because we are very glad its progress. ” when Montreal of Dahan divulge Eidos is in and the motivation of development business crystal before works together together, faced a lot of challenges, he says this experience is just as ” switchback is general ” . “We must learn and many atelier work together together, we had established a very good relationship with crystal motivation. Hope we can continue maintain this kind of relationship in the future, because the development staff of different experience and setting develops game together, accordingly this brought a kind of first-rate sense to game. ” should be asked about oneself think ” barrow beautiful shadow: Umbra ” when which one part becomes best, dahan states he likes the enigma that makes originally and challenge very much. “I liked us how to promote this series ahead really a bit, we used a more difficult style that make. This also is why we did more agile difficulty, because we want to let game become a bit more difficult, include battle and shift. We brought this kind of flexible system. ” ” barrow beautiful shadow: Umbra ” update the content after ending put on sale this month, dahan does not have the strike that divulge series makes newly, but he tells USGamer, if this series does not have the word that makes newly, he is met ” extremely open-eyed ” , suggestion ” barrow beautiful shadow ” this series still meets series continue. Final of course power to make decisions still is in SE hand. [……]

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Create at any time play everywhere ” super Maliao is made 2 ” the line on official website

On game history today: ” heart of electric saw candy ” in North America put on sale

Swim history since galactic justice emissary

2019 Chinese game grand ceremony — the social responsibility construction of game business

Incident cheap quite

On game history today: ” SD hits tornado quickly ” in Japanese put on sale

Swim history since galactic justice emissary

FPS a new force suddenly rises! DX12 is added hold below ” infinite law ” strong kill piece

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