National Cheat Sheet: Fannie and Freddie fight with the Trump administration, CushWake undergoes leadership shakeup amid IPO rumors … & more

Fannie and Freddie fight over $7.7B with Trump administration Fannie Mae and Freddie Mac will owe the Treasury Department more than $7 billion at the end of the year, and the agencies are fighting with the Trump administration over how to settle the bill. Officials from the Federal Housing Finance Agency want Fannie and Freddie[…]

One of Williamsburg’s tallest projects just got a $150M construction loan

Tavros Capital Partners and Charney Construction & Development secured a $150 million construction loan for their redevelopment of the Dime Savings Bank building in Williamsburg into a 23-story mixed-use property, sources told The Real Deal. Square Mile Capital Management is providing financing that will allow the developers to move ahead with the building at 209[…]

EPIC lands $150M loan for Candler Tower

Steven Elghanayan’s EPIC Real Estate has obtained a $150 million loan to refinance Manhattan’s historic Candler Tower. M&T Bank provided the loan for the building, according to property records. Elghanayan purchased the Candler Tower from the investment and management firm Paramount Group in 2012 for an undisclosed price, although prior reports indicated that the sale[…]

Cushman’s top Americas executive is out

Tod Lickerman is stepping down as Cushman & Wakefield’s chief executive of the Americas. It’s not clear why Lickerman left or where he’s headed next, Connect Media reported. He joined the Chicago-based commercial real estate services firm in 2013, after leaving JLL. “After 4 great years helping to lead DTZ and Cushman & Wakefield I’m[…]