One High Line developers land $525M loan

January 30, 2026 / no comments

After crossing the $1 billion threshold last year, Access Industries and the Witkoff Group refinanced the One High Line luxury condo development. Ares Management and JPMorgan Chase provided $525 million to the developers behind the 236-unit project, which also counts Monroe Capital as part of the development team, Bloomberg reported. The refinancing will help with carrying costs for the unsold units at the West Chelsea site. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. The debt is the latest sign of how far the development has come in the years since Access and Witkoff took the reins from […]

This article originally appeared on The Real Deal. Click here to read the full story.

Harry Macklowe’s forfeited condos at 432 Park nab $53M contract

January 30, 2026 / no comments

Two 432 Park Avenue condos at the center of an ownership dispute between Harry Macklowe and CIM Group have gone into contract.  A buyer in the building has agreed to pay $53 million for units 78A and 78B, which combine to span the entire 78th floor, two sources familiar with the deal told The Real Deal.  The seller is an entity tied to the building’s sponsor, CIM Group, and not, as some had previously been led to believe, Harry Macklowe, who lost the units last year after he defaulted on the loans he had taken out from CIM to purchase […]

This article originally appeared on The Real Deal. Click here to read the full story.