(Read more on the debt and equitymarkets.)
NEW YORK CITY-KBS Real Estate Investment Trust Inc., a NewportBeach-CA-based, publicly offered, non-traded REIT, has provided a$23.5-million senior loan for Tribeca Summit, an eight-story loftbuilding being converted into a condominium community at 415Greenwich St. in New York City.
This new loan will place KBS REIT's participation in the firstmortgage, originated by AIG, at 25%. The loan is part of therecapitalization of Tribeca Summit in which KBS REIT has beenproviding additional financing through two junior mezzanineloans.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
