HomeBriefs

Brief

Madison Realty Capital Lends $480M on 1740 Broadway Office-to-Resi Conversion

Yellowstone Real Estate Investments has secured a $480 million loan to convert a Midtown Manhattan office building at 1740 Broadway into luxury apartments and condominiums. Madison Realty Capital orig

File photo

Summary

Yellowstone Real Estate Investments has secured a $480 million loan to convert a Midtown Manhattan office building at 1740 Broadway into luxury apartments and condominiums.

Madison Realty Capital originated the loan for the transformation of the 27-story office property between West 55th and West 56th Streets into a 420-unit residential project, the lender announced Thursday […]

Source