ADMIN, Author at Stigliano Commercial Real Estate

Toll Brothers Joins With Deutsche Bank To Buy Distressed Loans

April 5, 2011

Toll Brothers Inc., the largest U.S. luxury-home builder, and Deutsche Bank AG bought non-performing real estate loans with a face value of about $200 million, the companies said in a statement today. The portfolio, purchased from an unnamed financial institution, consists of 83 loans that are mainly for the acquisition, development and construction of residential […]

Toll Brothers Joins With Deutsche Bank To Buy Distressed Loans Read More »

Private Equity Fund Wins Bid For Unsold Units At Trump Hollywood

April 5, 2011

A private equity fund has taken title to 175 unsold condominiums at Related Group-developed Trump Hollywood in an online foreclosure auction. BH III, a Hollywood-based entity, won the Broward Circuit Court auction with a $100 bid on Thursday. BH, which is managed by GMC Mortgage Capital director Gregory Freedman, Daniel Lebensohn and Charles Phelan, paid

Private Equity Fund Wins Bid For Unsold Units At Trump Hollywood Read More »

Davie’s 595 Corporate Park of Commerce Gets Modification

March 31, 2011

Miami-based City National Bank of Florida has agreed to forgive $10 million in debt on Davie’s 595 Corporate Park of Commerce as part of a mortgage modification deal with the developers. The 42-acre project had been hit with a foreclosure lawsuit in January, which developers Robert Lechter, a principal with Hollywood-based REMS Group, and J.

Davie’s 595 Corporate Park of Commerce Gets Modification Read More »

ADMIN

Toll Brothers Joins With Deutsche Bank To Buy Distressed Loans

Private Equity Fund Wins Bid For Unsold Units At Trump Hollywood

Davie’s 595 Corporate Park of Commerce Gets Modification

954.562.3430