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A rendering of a proposed Wynn casino in the second phase of Hudson Yards.
News

Wynn, Related Fold On Hudson Yards Casino

... area. To be able to make the project pencil, the group was seeking a payment-in-lieu-of-taxes public-private ... cost of construction, whereas a housing-centric development wouldn't.  Related, Oxford and Wynn hoped those changes would increase support for ...

May 19, 2025
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One Flagler Related Cos Downtown West Palm Beach
News

This Week’s South Florida Deal Sheet: Related Ross Opens One Flagler

... and offices with private terraces, according to its website. Related purchased the site in 2021 for $20.1M from the ... according to the Vizzda database. CONSTRUCTION AND DEVELOPMENT Witkoff Group and PPG Development broke ground on their Hallandale Beach condo ...

Feb 10, 2025
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Pimco, Witkoff Group Default On $405M Santa Monica Apartments
News

Pimco, Witkoff Group Default On $405M Santa Monica Apartments

... the property on the higher end for Santa Monica. Related California opened a new building at 700 Broadway in October ... and controlled investment decisions, a representative for Witkoff Group told Bloomberg. Witkoff Group, the development firm founded by U.S. ...

Dec 19, 2025
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Fortress Investment Group Co-CEO Josh Pack Dies At 51
News

Fortress Investment Group Co-CEO Josh Pack Dies At 51

... in the Middle East and Asia, with the latter particularly related to private wealth, Bloomberg reported. Its recent commercial real ... Investment Co., which bought a stake from Japan’s SoftBank Group Corp. in 2023, Bloomberg reported. Co-CEO and Managing ...

Oct 01, 2025
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Paramount Plaza
News

Paramount Group Shareholders Approve REIT's Sale, Reject CEO's $34M Exit Package

... filings adequately detailed executive compensation, conflicts of interest, transactions with related parties, perks and use of corporate assets.  Paramount posted a ...

Dec 18, 2025
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Naftali Group CEO Miki Naftali in front of a model of the JEM Private Residences, his first project in South Florida.
News

Naftali Group Tops South Florida's Largest C-PACE Loan For Miami Worldcenter Residential Project

... developers with alternative funding for energy efficiency and renewable energy-related new construction costs and maintenance upgrades. It was rarely used ...

Nov 26, 2025
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Wells Fargo Sues JPMorgan Chase Over $481M Chetrit Group Loan
News

Wells Fargo Sues JPMorgan Chase Over $481M Chetrit Group Loan

... 43 multifamily properties in 10 states by Manhattan firm Chetrit Group, Reuters reported. The lawsuit, filed Monday in federal court ... , also names Chetrit Group principal Meyer Chetrit as a defendant for providing a guarantee ...

Mar 11, 2025
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A rendering of 601 North Central amid the Phoenix skyline
News

‘Design It Before It’s Been Designed’: Why Chicago’s LG Group Embraces Vertical Integration

... Chicago-based design-build-development firm brings multiple development-related disciplines under one roof to give clients a seamless ... on many projects. “We have enjoyed partnering with LG Group on our opportunity zone development at 601 North Central,” ...

Aug 21, 2023
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'Timing Is Everything' For ECI Group As It Prepares To Target Sun Belt Multifamily
News

'Timing Is Everything' For ECI Group As It Prepares To Target Sun Belt Multifamily

... as the market recovers from oversupply and declines in performance related to interest rate bounces. Almanac committed $350M in capital ... the better fundamental times to buy in a while,” ECI Group Chief Acquisitions Officer Scott Levitt said to Bisnow. “There ...

Nov 14, 2024
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Franchise Group, Owner Of Vitamin Shoppe And Other Retail Chains, Files For Bankruptcy
News

Franchise Group, Owner Of Vitamin Shoppe And Other Retail Chains, Files For Bankruptcy

... owners of the company, FRG announced. The first-lien lender group has also committed $250M in debtor-in-possession financing, ... the fallout and uncertainty from the Prophecy scandal and the related federal investigation into Brian Kahn,” Riley wrote in his ...

Nov 04, 2024
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