62 Avenue B, New York, NY
Tall Pines made a joint venture equity investment in a recently renovated and fully occupied, 81-unit, luxury apartment property with ground floor retail. Along with its development partner, Magnum Real Estate Group, Tall Pines intends to convert the residential portion of the property to high-end, entry level condominium units in an underserved East Village market.
514 West 24th Street, New York, NY
Tall Pines, in partnership with FirstKey Lending, made a Preferred Equity investment in a ground-up, 10-story, mixed use development to include 14 high-end, luxury residential condominium units and ground floor retail. This highly desirable site, next to The High Line, is being co-developed by Michael Stern of JDS Development Group in NYC and Nick Werner of Largo Investments.
69 East 125th Street, New York, NY
Tall Pines Capital has an opportunity to acquire a $10.95MM Preferred Equity investment in a to be built 12‐story, mixed‐use development located at 514 W. 24th Street in the Central Harlem neighborhood of Manhattan, New York. The Project is located between Madison and Park Avenues in the heart of Manhattan’s resurging 125th Street Corridor.
326 West 44th Street, New York, NY
Tall Pines Capital is originating a $6.49 million mezzanine loan for the development of a 7‐story, 113‐key, 44,329 GSF Marriott TownePlace Suites located at 326 West 44th Street in the Times Square neighborhood of Manhattan, New York.