Summer slump: Manhattan’s 10 biggest loans shrivel – Robert Khodadadian
New York real estate is not known for small numbers, but June’s top loans tally was just that. Borrowers pulled in $630 million last month for their renovations, acquisitions and refinancings, less than half the total amount they did in May, and a far cry from the $4.5 billion the biggest borrowers pulled in June 2021. Chalk it up to a slow summer, perhaps, or worse, the lingering uncertainty in commercial real estate set off
Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, china, CIM Group, Manhattan Rental Market, Real Estate Loans, upper west side The Real Deal New York Read More