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Real Estate Rumors: Square Mile, American Realty, Goldman

By Andrew McIntyre (November 30, 2017, 3:34 PM EST) -- A joint venture of BFC Partners, Taconic Investment Partners, L+M Development Partners and Goldman Sachs is close to reaching a deal to borrow $250 million from Square Mile Capital Management for a mixed-use project in Manhattan, The Real Deal reported on Wednesday. The venture is seeking the loan for its Essex Crossing project on the Lower East Side, a project that's slated to have 450,000 square feet of retail space, 400,000 square feet of office space and north of 1,000 apartments, according to the report....

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