On track for a September opening, the property is the third Moxy-brand hotel in Manhattan developed by Lightstone in partnership with Marriott. Lightstone has raised $70 million for the development of Marriott Moxy East Village, a 286-key h...

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A Lower Manhattan hotel has locked in a $67.5 million refinancing from Investors Bank, New York City property records show. In a deal that closed earlier this week, Lam Group, led by investor John Lam, refinanced the outstanding debt on its...

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Tang Shougang is one of a generation of young Chinese who seem to have it all. Aged just 35, Mr. Tang (not his real name) has a well-paid job for a tech firm, and his wife owns a successful shop. They have two young sons, two cars and an apart...

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A prospective buyer browses property listings in New York. ? Chinese buyers pulled away from the US residential market in the past year, as the trade war and tighter capital controls led to a 56 percent decline in investment – the biggest c...

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The developers of a downtown Manhattan luxury condo building known as 125 Greenwich are in default, according to papers filed by one of its lenders.  High-rise developers in Manhattan are coming under stress as tough market conditions are s...

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Verzasca Group president & co-founder Darius Kasparaitis and Le Jardin Residences Le Jardin had $27.5M in assets and $7.1M in liabilities, according to its filing Verzasca Group’s Le Jardin Residences boutique condo project in Bay Harbor...

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Alarm bells are ringing within the US EB-5 Investor Visa community in the United States and around the world. The current EB-5 investment Green card program started in 1990 ends on September 30, 2019, but has been extended many times. Diann...

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Right now, New York real estate developers are hoping a former (and likely future) New York City real estate developer, President Donald Trump, will back off from pushing a regulation that will harm job growth and infrastructure investment in ...

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Mortgage-holder sells the former home of Robert V. Matthews to the couple who just sold a Palm Beach mansion for more than $40 million. As developer Robert V. Matthews awaits sentencing on felony conspiracy and money-laundering charges in C...

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The EB-5 industry leader, CanAm Enterprises, has funded another EB-5 project through its Texas Regional Center. CanAm Enterprises (“CanAm”) is thrilled to announce that it has closed its 56th EB-5 loan, valued at $23 million. The proceeds w...

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The owner of Hotel Astor, at 956 Washington Ave. in Miami Beach, filed Chapter 11 to stay an eviction lawsuit. EB-5-funded hotel in Miami Beach seeks to terminate mortgage The owner of the now-closed Hotel Astor in Miami Beach is seeking...

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Nick Mastroianni and Harbourside Place Jupiter was previously seeking $300,000 in fines from the complex for holding events without permits Nick Mastroianni’s Harbourside Place and Jupiter have reached a settlement of over 20 unpaid code...

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Madison Realty Capital CEO Josh Zegen, Penn-Florida Companies CEO Mark Gensheimer, and the Mandarin Oriental in Boca Raton The loan is in addition to nearly $400M in financing the developer secured in 2017 Penn-Florida Companies secured ...

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125 GREENWICH STREET.  The ownership partnership at 125 Greenwich Street is in the midst of negotiating a few potential resolutions for the beleaguered residential condominium building with Silverstein Capital Partners (SCP), Commercial Obs...

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Nick Mastroianni and the tower at 125 Greenwich Street  United States Immigration Fund, led by Nick Mastroianni, signalled its intent to foreclose on the downtown luxury residential tower last month. A lender who last month signalled int...

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