Deals of the Day: April 7

Sales

Luxury developer adds parcel to planned Ikea tower project

Address: 576 Fifth Ave., Manhattan
Seller: Jae Young Kim
Buyer: Extell Development Co.
Sale price: $175 million
Asset type: Development site

Retail landlord acquires Midtown storefront from Singapore firm

Address: 200 E. 59th St., Manhattan
Seller: Keppel Capital
Buyer: Premier Equities
Sale price: $31.3 million
Asset type: Retail

Financings

Planned luxury building scores construction loan

Address: 100 W. 37th St., Manhattan
Owners: Sioni Group and AB & Sons Group
Lenders: Affinius Capital, Kennedy Wilson and Intervest Capital Partners
Loan amount: $215 million
Asset type: Multifamily