NEW YORK CITY-Hypo Real Estate Capital Corp. will acquire the 65.3% of Quadra's outstanding shares of common stock that it does not currently own at $10.70 per share.

NEW YORK CITY-Finance insiders believe it will take at least a year or more to get through the crunch, and once there, the rules and strategies of the game will have changed.

NEW YORK CITY-Asking rents at the family firm's six-story boutique office property in Midtown West at 500 W. 37th St. are $47 per sf.

NEW YORK CITY-Glad Tidings Tabernacle Inc. sells the three-story church property here for $31 million, which will be demolished to make way for a 95,000-sf hotel.

NEW YORK CITY-A report says that the limited liquidity available will affect all sectors of commercial mortgage servicing including primary, master and special servicing.

NEW YORK CITY-The 37-story 1400 Broadway is undergoing an $81-million renovation program. Average asking rent for the property is $55 per rentable sf.

NEW YORK CITY-Stonehenge Partners buys Upper East Side's 360 E. 65th St., called the Easton, from Broadway Management Co. Inc.

NEW YORK CITY-Stonehenge Partners buys Upper East Side's 360 E. 65th St., called the Easton, from Broadway Management Co. Inc.