Top 10 Manhattan loans: Big lending enters deep freeze – Robert Khodadadian

Major real estate lending in Manhattan has literally been decimated in the past year. The 10 biggest real estate loan in Manhattan totaled $279 million in October — about 60 percent less than in September, and just one-10th of last October’s total. Hotel owners nabbed some of the biggest loans in Manhattan last month, while residential properties — both condos and rentals — filled out the list. Here are more details. Island getaway | $76.5

 Major real estate lending in Manhattan has literally been decimated in the past year. The 10 biggest real estate loan in Manhattan totaled $279 million in October — about 60 percent less than in September, and just one-10th of last October’s total. Hotel owners nabbed some of the biggest loans in Manhattan last month, while residential properties — both condos and rentals — filled out the list. Here are more details. Island getaway | $76.5
The post Top 10 Manhattan loans: Big lending enters deep freeze appeared first on New York.  Commercial Real Estate, Home Page, Hotel Market, Manhattan, Multifamily Market, Real Estate Loans The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.