Real Estate News

Madison Realty Capital Originates $55.1 Million Loan for Luxury Intracoastal Waterfront Residences in West Palm Beach

NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that the firm has provided a $55.1 million loan to Savanna, a New York City-based real estate investment and development firm, for Olara, West Palm Beach’s anticipated new luxury waterfront condominium tower.

Brookfield DTLA Fund Office Trust Investor to Voluntarily Delist and Deregister its Series A Preferred Shares

LOS ANGELES, March 31, 2023 (GLOBE NEWSWIRE) -- Brookfield DTLA Fund Office Trust Investor Inc. (the “Company”) announced today that its board of directors (the “Board”) has approved the voluntary delisting of the Company’s 7.625% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share (the “Preferred Shares”) from the New York Stock Exchange (the “NYSE”).

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