JPMorgan in talks to provide $375M loan for Tishman Speyer’s 11 Hoyt project

Jamie Dimon, Rob Speyer and earlier rendering of 11 Hoyt Street A group led by JPMorgan Chase is negotiating to provide a roughly $375 million construction loan for Tishman Speyer’s Downtown.

The renderings also offer another look at Tishman Speyer’s 27-story, two-towered, 1.1-million-square-foot commercial project at 28-07 Jackson Avenue, located directly across the street. Already over 800,000 square feet of office space has been pre-leased, 250,000 square feet by WeWork Cos. and 550,000 square feet by Macy’s Inc.

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Tishman Speyer maintains 18 regional offices collectively staffed by approximately 1,400 real estate professionals and support staff. Their in-depth local market knowledge and broad network of relationships with key brokers, tenants, lenders, owners and community leaders are competitive advantages in the execution of our investment and asset.

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Financing. Over the last 30 years, Tishman has raised in excess of $7.5 billion in debt and equity financing for various needs, including land loans, construction loans, first mortgages, mezzanine loans, and preferred equity.

Find out what works well at Tishman Speyer from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Compare pay for popular roles and read about the team’s work-life balance. Uncover why Tishman Speyer is the best company for you.

Blackstone Mortgage Trust Announces Closing of $1.8 Billion Financing for Tishman Speyer’s Spiral Development Project, Stocks: NYSE:BXMT,NYSE:BX, release date:Apr 10, 2018 Blackstone Mortgage Trust Announces Closing of $1.8 Billion Financing for Tishman Speyer’s Spiral Development Project – GuruFocus.com

Tishman Speyer one of the world’s leading commercial real estate companies committed to creating and maintaining properties of enduring value, proudly owns and operates Rockefeller Center. Executive Team.

American real estate developer Tishman Speyer signed a funding agreement with the wealth management arm of China’s fintech heavyweight CreditEase this week which could provide the US company with as much as $1.4 billion in funding from Chinese consumers. The deal between the US real estate giant.

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Macy’s is about to sell five stories of their nine-story building at 422 Fulton Street and the parking garage at 11 Hoyt Street (aka 217 Livingston Street) to Tishman Speyer for $170 million, according to Crain’s.Macy’s will consolidate commercial operations to 310,000 square feet, spanning the basement to the fourth floor, and Tishman will fund extensive renovations for those floor.