Real Estate Rumors: LibreMax, Mattos Family, Morgan Stanley

Law360 (November 25, 2020, 6:18 PM EST) -- LibreMax Capital is looking to sell a $78.6 million loan it provided earlier this year for a New York project, Commercial Observer reported Wednesday. The company in January issued the loan to a venture of Altmark Group, Madison Realty Capital, Galil Management and Bluestone Group for a project to convert 825 E. 141st St. in South Bronx from warehouse to office, and LibreMax is now looking for a third party to buy that loan, according to the report.

The Mattos family, which includes Florida investor Nicolas Mattos, has purchased a retail property in Weston, Florida, for $20.45 million, the South Florida...

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