CCO Condo Portfolio (AZ) Junior Mezzanine, LLC v. Feldman et al
Case Number:
1:21-cv-02508
Court:
Nature of Suit:
Judge:
Firms
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February 15, 2024
NYC Developer Owes $87M On Defaulted Condo Loans
A New York federal judge has ordered HFZ Capital Group to hand over $87 million after a borrower defaulted on four loans guaranteed by the beleaguered development firm, denying its claims that an earlier foreclosure sale satisfying some of the loan was commercially unreasonable.
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August 31, 2022
NYC Developer's Dues In Condo Default Up In Air
A New York federal judge ruled that New York City developer HFZ Capital Group is on the hook as guarantor of loans for four Manhattan condo projects after the borrowers defaulted, though the amount the guarantor owes is still up for debate.
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March 24, 2021
NYC Developer Faces $49M Suit Over Defaulted Condo Loans
A subsidiary of a Maryland-based real estate investment company is seeking nearly $49 million in damages from HFZ Capital Group, claiming that the New York City developer failed to pay up as the guarantor of loans from 2018 for four ritzy condominium projects in Manhattan.