Ceruzzi scores $300M construction loan for Midtown East luxury condo

Ceruzzi Properties and SMI USA have scored a $300 million construction loan that allows the developers to move ahead on a 72-story luxury condominium in Midtown East at 138 East 50th Street, sources told The Real Deal. Madison Realty Capital was the lender. The loan is the biggest-ever provided by the firm to date. “We […]