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Six Questions for MoFo’s Mark Edelstein

NEW YORK CITY-The New York-based chair of Morrison & Foerster’s Global Real Estate Finance Group gives GlobeSt.com’s Jacqueline Hlavenka the inside track about how the firm completed $1 billion in marquee loans in just one week.

By Jacqueline Hlavenka | Updated on November 10, 2011

NEW YORK CITY-After closing a $700 million syndicated construction loan for Extell Development Co.’s 90-story One57 project, a $110 million mortgage refinancing for the Sofitel Hotel on West 44th Street and a $160 million construction loan for Edward J. Minskoff’s 51 Astor Place all in one week, it’s been a busy time for Mark Edelstein, New York-based chair of Morrison & Foerster’s Global Real Estate Finance Group. He talked with GlobeSt.com about what deals are getting done–and what 2012 holds.

GlobeSt.com: You completed nearly $1 billion in loans last week. Does that signal an upswing in the market?

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