Mayer Brown represents HFZ Capital Group on $1 billion financing
Mayer Brown represented HFZ Capital Group on $1 billion in debt and equity financing, which covered the $870 million purchase price of a development site in New York, as well as other pre-development expenses.
The Mayer Brown team was led by Real Estate partner Bob Koen (New York) and included: Real Estate partners Marc Shapiro and Jill Block, counsel Jason Schlessel (all New York) and associates Sean Garahan (New York), Ahmad Nofal (Chicago) and Matthew Johnson (Houston); Restructuring, Bankruptcy & Insolvency counsel Richard Ziegler (Chicago); and Tax Transactions & Consulting partner Lee Morlock (Chicago).
Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,