Carlton closes $1.3b loans for conversion projects.Led by Carlton's Chairman, Howard L. Michaels, Managing Director, John Bralower and Partner, Michael Campbell Michael Shane Campbell CNZM (born February 23, 1969) is a New Zealand golfer who is best-known for having won the 2005 US Open and the richest prize in golf, the £1,000,000 HSBC World Match Play Championship, in the same year. He is a member of the European Tour. , Carlton has closed two large, high profile, equity and debt condominium conversion transactions. Both are located on Manhattan's prestigious Upper Eastside. The larger of the two is Manhattan House, which is a 583 unit, one million square foot apartment complex located at 65th Street between Second and Third Avenues. Noted as one of the largest apartment trades in the United States' history, Carlton first arranged a joint venture between preeminent real estate investors' N. Richard Kalikow's Manchester Real Estate & Construction and Jerimiah O'Connor's O'Connor Capital Partners. The joint venture won a heavily contested bid to acquire the property and then Carlton arranged a maximum financing for the joint venture's acquisition. The projected sellout of the Manhattan House conversion is in excess of one billion dollars. River Terrace, also located on Manhattan's desirable Upper Eastside is a 408 unit, Class A apartment complex originally built and developed by the Macklowe Organization. Situated practically on the East River and around the corner from New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Hospital, this condominium conversion will be orchestrated by Ben Korman and Meir Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. of C & K Properties and Joshua and Asher Zamir of Zamir Equities. River Terrace is one of New York's finest complexes in Manhattan and boasts a 60' pool, two Jacuzzis, a spacious health club with three squash courts and tremendous water views. Carlton specializes in arranging equity recapitalizations and joint venture transactions and has arranged similar deals for the GM Building, the Bank of America Center There are two Bank of America Centers
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