Magellan Development

Belkins
Since its inception in 1996, Magellan Development Group has established a reputation as a prolific and accomplished Chicago real estate developer.

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MOINIAN GROUP SECURES $105M REFI FOR MANHATTAN PROPERTY

February 17, 2020

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The Moinian Group has secured a $105 million loan to refinance Oskar, its luxury residential building in Manhattan. The firm completed the construction of the property in 2019 under a loan of $103 million issued by U.S. Bank, according to Yardi Matrix. The new loan, which will be used to replace the existing construction loan debt, will be issued by Bank of China at a fixed rate of 2.8 percent for a 10-year period. Oskar is located at 572 11th Ave. in the Hell’s Kitchen neighborhood. The b...

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TERMSHEET LAUNCHED AN END-TO-END REAL ESTATE DEAL MANAGEMENT PLATFORM

July 07, 2020

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TermSheet, a private-equity backed real estate software company, is proud to announce the launch of its end-to-end real estate deal management platform. TermSheet provides investors, large and small, the necessary toolkit to successfully prospect, manage and execute real estate transactions. Since its inception in early 2020, TermSheet has built a platform that can streamline the entire life cycle of a real estate transaction. TermSheet provides real estate investors with a platform that can eff...

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SOTHEBY'S INTERNATIONAL REALTY OPENS FIRST OFFICE IN MONTENEGRO

March 02, 2020

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Sotheby's International Realty Affiliates LLC today announced that Luxury Properties LLC is the newest member of its global network and will now operate as Montenegro Sotheby's International Realty – the brand's first affiliated office in Montenegro. Montenegro Sotheby's International Realty will be owned and operated by Hunter Milborne and will serve the luxury residential real estate market in the region. The company will have a special focus on the coast of Montenegro, i...

Read More

February 17, 2020

news image

MOINIAN GROUP SECURES $105M REFI FOR MANHATTAN PROPERTY

The Moinian Group has secured a $105 million loan to refinance Oskar, its luxury residential building in Manhattan. The firm completed the construction of the property in 2019 under a loan of $103 million issued by U.S. Bank, according to Yardi Matrix. The new loan, which will be used to replace the existing construction loan debt, will be issued by Bank of China at a fixed rate of 2.8 percent for a 10-year period. Oskar is located at 572 11th Ave. in the Hell’s Kitchen neighborhood. The b...

Read More

July 07, 2020

news image

TERMSHEET LAUNCHED AN END-TO-END REAL ESTATE DEAL MANAGEMENT PLATFORM

TermSheet, a private-equity backed real estate software company, is proud to announce the launch of its end-to-end real estate deal management platform. TermSheet provides investors, large and small, the necessary toolkit to successfully prospect, manage and execute real estate transactions. Since its inception in early 2020, TermSheet has built a platform that can streamline the entire life cycle of a real estate transaction. TermSheet provides real estate investors with a platform that can eff...

Read More

March 02, 2020

news image

SOTHEBY'S INTERNATIONAL REALTY OPENS FIRST OFFICE IN MONTENEGRO

Sotheby's International Realty Affiliates LLC today announced that Luxury Properties LLC is the newest member of its global network and will now operate as Montenegro Sotheby's International Realty – the brand's first affiliated office in Montenegro. Montenegro Sotheby's International Realty will be owned and operated by Hunter Milborne and will serve the luxury residential real estate market in the region. The company will have a special focus on the coast of Montenegro, i...

Read More