Flank buys Carlyle out of Brooklyn Hilton project

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A partnership of the Carlyle Group and Flank Development is buying a downtown brooklyn development site for around $40 million, according to a source with knowledge of the deal. The property is.

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News in brief: Starwood lawsuit, global pipeline, Emaar.. Flank in Hilton deal: Architecture and development firm Flank paid US$88 million to buy the Carlyle Group out of the Hilton Brooklyn. Flank and Carlyle had bought the property in 2012 and are developing a hotel on the property.

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The Carlyle Group – Bisnow – Learn more about The Carlyle Group in commercial real estate.. flank Secures $70M Bridge Financing For Hilton Brooklyn. Still Under construction brooklyn hilton hits market, Could Fetch Up.

Sales Launch From $800K at Flank's Upscale Brooklyn Condos. – The project is a first in Brooklyn for Flank, the developer behind high-end projects like the West Village’s The Abingdon and the "unapologetically pricey" 224 Mulberry Street.

DoBro's Newest Hotel/Condo Tower Starting to Take Shape. – DoBro’s Newest Hotel/Condo Tower Starting to Take Shape.. Flank and Carlyle partnered to buy the site in 2012, Brooklyn’s tallest skyscraper tops out at 720 feet;

China Could Spoil Sri Lanka’s Chance To Become A Breakout Nation Again Sri Lanka has the opportunity to grow fast, expand regional trade and build bridges with neighbours. The North and East Provinces, which account for 30% of Sri Lanka’s land and 15% of its population, were largely war zones. With the nation whole again, achieving 7% growth over the next decade should be well within reach.

Dow Hotel Co. Completes $8.6M Renovation of The Hilton Orrington/Evanston The Dow Hotel Co. has. The seller is the joint venture formed by Dow Hotel Co. and the Carlyle Group..

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