Iron Hound Secures $185M in Two NYC Debt Deals for Chetrit Group
So far December has been a fruitful month for Joseph Chetrit and his family and friends.In the past week, the Chetrit Group and its various joint venture partners closed $185 million in debt across
Good News Facility Brings Industry City Loan to $403M
Bank of China and SL Green Realty Corp. have upped their $220 million loan on Industry City to $403 million as part of a “good news facility” that came with the deal, Commercial Observer has learned.
IronHound Management Completes Complex Restructure of $317M Loan On National Portfolio Of 5,400 Apartment
Experts Negotiate Restructuring, Assumption on CMBS Loan Originated by Merrill Lynch and Extinguish Preferred Equity Portion
CMBS 3.5? Lender pool diversifies as new entrants to the market, especially smaller shops, proliferate
When Robert Verrone was head of Wachovia Bank’s large loan group, he closed and securitized huge deals—on 650 Madison Avenue, Donald Trump’s office tower at 40 Wall Street and Blackstone’s Boca Raton
Construction Financing Arranged by SL Green for Midtown West Residential Project
Includes a $50 Million Mezzanine Loan with Option to Take Ownership Stake
Iron Hound Closes Deals on Upper East Side Hotel Refi and Harlem Development
The New York-based real estate advisory firm Iron Hound Management Company has arranged two recent loans for a hotel refinancing on the Upper East Side and a ground-up apartment and retail constructio
Iron Hound Management off to a fast start in 2014
CLOSES SIX TRANSACTIONS TOTALING $219 MILLION IN FIRST WEEKS OF NEW YEAR
BNY, Verrone Teaming Up on Conduit Shop
Robert Verrone, one of the country's biggest lenders before the market crash while co-head of commercial real estate at Wachovia, is teaming up with **BNY Mellon** to form a conduit operation.BNY is
Refinancing for Page Plaza Shopping Center in Fort Myers, FL
Experts Advise Sitt Asset Management in Placement of New $7.8 Million Loan
Refinancing for Holiday Inn Executive Center in Columbia, MO
Experts Advise Executive Affiliates in Placement of New $15.1 Million Loan
Restructuring of securitized debt on Memphis multi-family assets
Experts Negotiate Interest Forgiveness and Deferment for Sponsors
Iron Hound Restructuring $45M loan for 101 West Ohio Street in Indianapolis, IN
Company Strongly Committed to Providing Midwest Community With Creative Capital Solutions
Iron Hound arranges over $400M in loan modifications and refinancing in two New York City deals
Properties Run the Gamut from Brooklyn-Based Industrial Space to Midtown Office Assets
Surviving a Big Risk on Fifth Avenue
The Kushner Companies’ purchase in 2007 of 666 Fifth Avenue, an aluminum-clad office tower in Midtown Manhattan, for a record price of $1.8 billion is considered a classic example of reckless underwri
Vornado and the Kushner Companies Announce the Recapitalization of 666 Fifth Avenue
Vornado Realty Trust (NYSE: VNO) announced today that it has formed a joint venture with an affiliate of the Kushner Companies to recapitalize the office portion of 666 Fifth Avenue, a 39-story, 1.450
Iron Hound Arranges Nearly $860MM in Loan Modifications in First Half of 2010
Over $4 Billion More in Assignments Already in the Pipeline for Second Half
Owners of Dallas' Cityplace tower restructure debt
Owners of Dallas' landmark Cityplace tower have reworked the debt on the building. Barrow Street Capital and Ashkenazy & Agus Ventures bought the 42-story building on North Central Expressway in 2007.
Defaulting on Purpose
Some developers and building owners opt to stop paying mortgages to get better loan termsAs the commercial market continues to struggle in New York, an increasing number of developers here are turn
Enough Can Kicking - Verrone Speaks at National Realty Club
All that you’re hearing about money raised and pent-up demand? Don’t believe it, says Iron Hound Management principal Robert Verrone. We joined a larger than usual crowd at the Friars Club yesterday,
Distressed loans in CMBS may top $60 bln this year
The amount of distressed loans in commercial mortgage-backed securities may more than double to at least $60 billion by year-end, creating a logjam that could hinder the U.S. economic recovery, Credit