Excerpt from New York YIMBY: At number 12 on our year-end countdown of the tallest construction projects in New York is Link Apartments 8 Carlisle, a 789-foot-tall residential skyscraper at 8 Carlisle Street in Manhattan’s Financial District. Designed by Handel Architects and developed by Grubb Properties and Pink Stone Capital, the 64-story structure will span 326,221 […]
Excerpt from the Commercial Observer website: A development team led by PMG secured $92.5 million to build a luxury condo tower in Overtown, Miami’s historically Black neighborhood. The construction financing from Maxim Capital Group will fund the 372-unit One West Twelve Residences. The development team also includes Michael Simkin’s Lion Development Group and Alex Karakhanian’s […]
Excerpt from The Real Deal website: PMG, Michael Simkin’s Lion Development Group and Alex Karakhanian’s Lndmrk Development scored a $92.5 million construction loan for their short-term rental friendly condo project in Miami’s Overtown neighborhood. The partners secured financing from New York-based Maxim Capital Group, according to a news release. The loan is for One West […]
Excerpt from the Commercial Observer website: A joint venture between developers EJS Group and Krown Point Capital has acquired two development sites in Midtown East for a total of $39 million, Commercial Observer has learned. EJS and Krown Point purchased the two adjacent lots at 1059-1061 Second Avenue — along with associated air rights packages […]
Excerpt from the Commercial Observer website: Property Markets Group (PMG) has secured $107.5 million in construction financing to build Waldorf Astoria Residences Denver Cherry Creek, a collection of 37 luxury condominium homes in Denver, Colo. Maxim Capital Group provided the construction debt, while a PMG Capital Markets team of Andrew Warman, Jonathan Blank, and Paton […]
Excerpt from the BISNOW website: PMG secured $107.5M in construction financing for Waldorf Astoria Residences Denver Cherry Creek, a 37-unit condo project at 185 N. Steele St. that will mark the Waldorf Astoria brand’s Colorado debut. The boutique development will feature fully finished residences ranging from 690 SF to 3,880 SF. Sales are being led […]
Excerpt from the Real Deal website: Avery Hall Investments scooped up a Crown Heights development site where Yoel Goldman once planned to build a flashy hotel. The developer shelled out $10.1 million for 1550 Bedford Avenue, which Goldman put into bankruptcy early this year. Goldman had valued the site at $14 million. Maxim Capital provided financing for […]
Excerpt from the Commercial Observer website: A joint venture between Montperia Group and JLS Construction has landed $115 million of construction financing to build a condominium tower in Long Island City, Queens, Commercial Observer has learned. Maxim Capital Group provided the loan for the sponsorship’s planned 207-unit condo building at 24-02 Queens Plaza South in […]
Excerpt from the Commercial Observer website: Rybak Development has landed $26.5 million of construction financing to build a condominium building on the site of what once was an Upper East Side hotel, Commercial Observer has learned. Maxim Capital Group supplied the loan for the developer’s 11-story residential building at 500 East 81st Street in the […]
Excerpt from the Commercial Observer website: Brooklyn-based developer Alloy Development has secured a $290 million recapitalization for its mixed-use project, The Alloy Block, at 505 State Street in Downtown Brooklyn. Commercial Observer has learned the firm has simultaneously secured a $42.5 million construction loan from Maxim Capital Group, a New York-based, bridge and balance sheet lender, to complete the second phase of […]
Maxim is honored to be recognized by the Commercial Observer as a finalist for the Top (Non-Bank) Financier of the Year award in 2024. Read the full article here: Breakthrough Awards Breakfast – Commercial Observer
Excerpt from the Commercial Observer website: New Jersey developer U.S. Development has secured $73.8 million of construction financing to build a condominium project in Florida’s Broward County, Commercial Observer has learned. Maxim Capital Group and BH3 Management provided the loan facility for the planned 40-unit Salato Pompano Beach condo development in Pompano Beach, Fla. U.S. […]