
MaryAnne Gilmartin refinancing newly completed Chelsea resi building
MAG Partners’ MaryAnne Gilmartin should have a spring in her step with the success unfolding at the Mabel in Chelsea. MAG scored a $148.7 million bridge loan from Goldman Sachs Alternatives to refinance the construction debt at 355 Eighth Avenue, the Commercial Observer reported. The 188-unit develo

Malaysian Billionaire Brothers’ IOI Properties To Buy Prime Singapore Office Tower For $2 Billion
The acquisition will boost the presence of IOI Properties Group—controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng—in Singapore’s CBD, adding to its portfolio that includes IOI Central Boulevard Towers and South Beach Tower.

Senate’s attack on build-to-rent housing is failing
Housing and Urban Development Secretary Scott Turner recently toured a build-to-rent community, smiling for photos with the complex’s developer and operator and industry representatives. To me, that’s a clear signal that the Trump administration opposes a Senate housing bill’s contradictory provisio
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