Andrew Coen - Profile and Journalist Details
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Real Estate Finance Reporter, Commercial Observer
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Streaming, Media Semiconductors,Big Tech VCs, Mobility Cryptocurrencies, Social Apps
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Content
By Andrew Coen Verified| Commercial Observer Verified Development Services Group (DSG), a Memphis-based developer focused on historic property conversions, has sealed a $36.1 million loan to refinance its transformation of a Houston office building into a hotel, Commercial Observer has learned. Peachtree Group originated the three-year, floating-rate loan with two 12-month extension options for the DSG’s Meridien Houston Downtown hotel property located where the 1952-built Melrose Building once stood.
By Andrew Coen Verified| Commercial Observer Verified The Rabsky Group has received an additional $70 million of financing to complete and lease-up its planned multifamily tower in Downtown Brooklyn, nearly a year after sealing a $485 million loan for the recapitalization of the 39-story project. Madison Realty Capital (MRC) upsized its initial loan provided in June 2024 to $555 million for Rabsky’s 1,098-unit apartment building at 625 Fulton Street, Commercial Observer has learned.
By Andrew Coen Verified| Commercial Observer Verified Development Services Group (DSG), a Memphis-based developer focused on historic property conversions, has sealed a $36.1 million loan to refinance its transformation of a Houston office building into a hotel, Commercial Observer has learned. Peachtree Group originated the three-year, floating-rate loan with two 12-month extension options for the DSG’s Meridien Houston Downtown hotel property located where the 1952-built Melrose Building once stood.
Company Info
Commercial Observer
Get your business listed and get notice.
New York, New York, United States
+1 212-407-9382
Founded: 2017