At a time when high interest rates have seized up lending activity, Naftali Group, billed as one of the most active New York developers, has closed a $236 million luxury condominium development construction loan from JPMorgan Chase and Starwood Capital Group.
JPMorgan, Starwood Lend $236 Million to Manhattan Luxury Condo Project
Financing Comes After Developer Naftali Has Sold Out Three Other Developments Since 2020
By Andria Cheng
CoStar News
December 7, 2023 | 7:57 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Naftali Group
Construction
- Starwood Capital Group
Real Estate