HAP locks in $235M construction loan for Chelsea rental-condo

HAP Investments scored a $235 million construction loan for its two-building, rental-condominium development in Chelsea, sources told The Real Deal. Daiwa House Texas, a U.S. subsidiary of Japan’s largest homebuilder Daiwa House Group, provided the financing for the project at 215-227 West 28th Street, said sources familiar with the deal. In addition to a senior[…]

National Cheat Sheet: Five top US RE firms are hot investments in Israel, Amazon is taking over your building’s package room … & more

From TRD L.A.: US real estate firms recommended to Tel Aviv investors A handful of major U.S. real estate companies that trade on the Tel Aviv bond market got the seal of approval from IBI, an Israeli investment firm. The company released a report to investors this week that recommended the Moinian Group, Related Companies,[…]

TRD Forum: LA’s CRE leaders on China and what commercial brokers can learn from their resi brethren

From TRD Los Angeles: “The most commonly inconvenient place to meet people in the city is Downtown,” Chris Rising of Rising Realty Partners quipped during The Real Deal’s first Los Angeles Forum Thursday. Rising joined other commercial leaders at the Bank of America Plaza in Downtown for the event, where they discussed the state of[…]