News

The Reuben brothers have won a court case against a group of EB-5 lenders over the $2.5 billion Century Plaza project, ending nearly two years of legal battles.
The Reuben brothers have foreclosed on Michael Rosenfeld’s $2.5 billion Century Plaza development, after more than a year of litigation concerning the debt on the project, The Real Deal has learned.
Reuben Brothers Acquire Century Plaza at 40% of Original Value Foreclosure bid of $1B wins Los Angeles trophy, which cost $2.5B to build.
A lender run by the billionaire Reuben Brothers has filed to seize the Chatwal, a luxury hotel in Midtown Manhattan, after the debt went into default.
CDCF alleged that its interest in the Senior Mezzanine Loan was impaired and steadily devaluing because Reuben Brothers was collecting significant amounts of default interest under the Senior Loan.
The property’s mezzanine debt, which was loaned by the Reuben Brothers’ Motcomb Estates, is scheduled for a Jan. 17 auction, positioning the winning bidder to take control of the 76-room hotel ...
The hotel, located at 130 West 44th St., defaulted on a mezzanine loan from billionaire brothers David and Simon Reuben ’s investment vehicle, Motcomb Estates, Bloomberg reports.
The Reuben Brothers have stepped up plans to revamp the former Sports Direct store to create new shops and a rooftop bar and restaurant. The billionaire real estate entrepreneurs bought the ...
When it comes to "loan-to-own" strategies, the billionaire Reuben brothers don’t just talk about it, they do it. Earlier this month an investment company of brothers David and Simon Reuben ...
The Reuben Brothers have boosted their Newcastle city centre property portfolio after snapping up a historic shopping and leisure arcade – their second big city acquisition in less than 18 months.
David and Simon Reuben acquired the Century Plaza development from Michael Rosenfeld for a bid of $1B at an April 6 foreclosure sale, an amount that is about 40% of the $2.5B it cost to build the ...