Jacob Klein’s Klein Group, a middle-market retail investor, has refinanced its debt on the Tel Aviv Stock Exchange with a $57 million bond swap. The move gives Klein a longer timeline in which to pay down the debt, which now matures in 2025. The...
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The Klein Group, a retail-focused real estate firm based in New Jersey, partnered with the Israeli company Alto Private Investments to purchase a retail condominium at the Costas Kondylis-designed 200 West End Avenue at 70th Street for $31 million. The purchase of the 26,000-square-foot condo...
New Jersey real estate investment firm the Klein Group, which focuses on retail properties, paid $20 million for four retail condominiums at the residential building the District, at 111 Fulton Street in the Financial District. The four individual condos are comprised of 17,200 square...
Two real estate firms with sizable holdings in the New York City market are among the latest U.S. companies trying to tap the Israeli bond market as a source of funds. East Village-based Delshah Capital and New Jersey-based retail landlord the Klein Group both...
These middle-market players may not be household names yet, but they’re betting (on) the store Despite signs of a slowdown on several prime avenues, New York City retail investors are invading the market everywhere from Broadway in Soho to Bedford Avenue in Williamsburg. And...
Following the trend of retailers downsizing during trying times for brick-and-mortar retail, PetSmart has signed an 1,820-square-foot lease at The Klein Group’s retail condominium at 670 Columbus Avenue, Commercial Observer has learned The store, which sells pets and pet food and other items for furry or feathery friends,...
Retail landlord The Klein Group has issued its second series of debt on the Israeli bond market, raising around 80 million shekels—nearly $25 million—through an offering on the Tel Aviv Stock Exchange this week, sources told Commercial Observer. The Florham Park, N.J.-based firm, which owns retail properties mostly...