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Real Estate Rumors: NY Community Bank, Acore, Springbank

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Real Estate Rumors: NY Community Bank, Acore, Springbank

Real Estate Rumors: NY Community Bank, Acore, Springbank

Law360 (August 9, 2019, 4:47 PM EDT) — New York Community Bank has sold a Coral Gables, Florida, office building as well as three lots for $12 million, The Real Deal reported on Friday. The bank sold the AmTrust Bank office building, which is located at 2701 Ponce de Leon Blvd. and has 25,428 square feet, and also sold a trio of lots adjacent to the building, Real Deal said. The buyer is a venture of Ubiica LLC and Maven Real Estate, according to the report.

Acore Capital has loaned $145.4 million to Windsor Capital Group for a portfolio of three hotels, Commercial Observer reported on Friday. The loan…

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