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BHI, Naftali Lend $203M for Manhattan Office-to-Resi Conversion

Yellowstone Real Estate Investments inked a $203 million loan to execute an office-to-residential conversion of the Candler Building near Times Square, Commercial Observer can first report.  BHI, the

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Summary

Yellowstone Real Estate Investments inked a $203 million loan to execute an office-to-residential conversion of the Candler Building near Times Square, Commercial Observer can first report.

BHI, the U.

S. lending arm of Israel-based Bank Hapoalim, provided the loan for Yellowstone to transform the 25-story office building at 220 West 42nd Street into 176 apartments with […]

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