Yellowstone secures $203M loan for office-to-resi conversion
Isaac Hera may no longer be pursuing a hotel project at the Candler Building in Times Square, but he still has plenty of support from lenders. Yellowstone Real Estate Investments secured $203 million in debt for the office-to-residential conversion of 220 West 42nd Street, the Commercial Observer re
JPMorgan fails to thwart Wells Fargo suit over Chetrit loan 
The lawsuit Wells Fargo leveled a year ago against JPMorgan Chase and Meyer Chetrit isn’t going away. On Monday, a federal judge declined JPMorgan’s motion to dismiss the breach of contract lawsuit, Reuters reported. The judge ruled that in Wells Fargo’s capacity as the trustee for investors it met
Gary Barnett taps Andrew Chung as Extell co-CEO
Gary Barnett has hired Andrew Chung as his partner at Extell Development as the prolific condo builder sets his sights on more commercial projects. Chung, who was one of the trailblazers of the mid-2010s last-mile warehouse boom, is joining Extell with the titles of president and co-CEO, Barnett ann
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