Real Estate Rumors: Rockwood, Kushner, Landmark

Law360 (November 15, 2019, 8:25 PM EST) -- Rockwood Capital has provided $100 million of financing for a property in Lower Manhattan, Commercial Observer reported on Friday. The commercial mortgage-backed securities loan is part of a larger $365 million CMBS package for 180 Water St., and Deutsche Bank AG is the other main lender, according to media reports two weeks ago. A Vanbarton Group venture owns the building, which was recently converted from office to apartments and includes retail at the ground floor, Commercial Observer said.

Kushner Cos. will need to renegotiate its $285 million loan from Deutsche Bank AG for The New York Times building in Manhattan amid multiple...

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