Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The Court Square City View Tower project at 23-14 44th Drive is being developed by Xu's United Construction & Development and partners Henry Yeung, Brian Pun of FSA Capital and Risland U.S. Holdings, LLC.
Collateralized loan obligations -- the erstwhile CDOs -- have re-emerged and are adding more liquidity for borrowers seeking flexible and bridge loans.
The sale marks the first purchase in South Florida for Yair Levy, a New York-based investor and developer who has proactively diversified his portfolio of holdings after a contentious legal battle resulted in a ban from selling residential condominiums and co-ops in New York State in 2011.