Archives

FDIC Selects ColFin Milestone North Funding, LLC Winning Bidder for an Equity Interest in $204 Million in Commercial Real Estate Loans

FEDERAL DEPOSIT INSURANCE CORPORATION  – December 21, 2010 – The Cogsville Group Participates as an Equity Partner The Federal Deposit Insurance Corporation (FDIC) has closed on a sale of a 40 percent equity interest in a newly-formed limited liability company

Posted in The Cogsville Group News

Viewpoint: A 3-Point Plan to Recapitalize Minority Banks

AMERICAN BANKER by DONALD P. COGSVILLE – November 9, 2010 – Donald P. Cogsville is founder and chief executive of The Cogsville Group LLC, a private-equity and advisory firm. Minority banks have a central role to play in our nation’s

Posted in The Cogsville Group News

Distressed for Success: Donald Cogsville on His Eponymous I-Firm’s Delicate Dance

THE COMMERCIAL OBSERVER  by JOTHAM SEDERSTROM – September 7, 2010 – Since 2007, the Cogsville Group has aligned itself with some of the largest development projects and distressed assets in the nation, including Brooklyn’s 46-building Starrett City complex. A former

Posted in The Cogsville Group News

Colony, Cogsville Team Up in FDIC Asset Sale

WALL STREET JOURNAL  by LINGLING WEI – July 14, 2010 – The FDIC retained the remaining 60% and offered seven-year, zero-interest financing to the Colony-Cogsville group, which reduces the venture’s upfront cash input to $218 million. This deal is the

Posted in The Cogsville Group News

FDIC Selects Colony Capital as Winning Bidder for Equity Interest in $1.85 Billion in Commercial Real Estate Loans

FEDERAL DEPOSIT INSURANCE CORPORATION  – July 14, 2010 – FDIC Selects Colony Capital as Winning Bidder for Equity Interest in $1.85 Billion in Commercial Real Estate Loans The Cogsville Group Participates as Junior Equity Partner The Federal Deposit Insurance Corporation

Posted in The Cogsville Group News

Ahh, the allure of toxic assets

CRAIN’S NEW YORK BUSINESS by AARON ELSTEIN – March 17, 2009 – Stymied in his attempt to acquire Starrett City when the federally subsidized housing complex was taken off the market earlier this year, financier Donald Cogsville is trying something

Posted in The Cogsville Group News

After Two Years of Trying, Owners Give Up on Selling Starrett City

THE NEW YORK TIMES by CHARLES V. BAGLI – February 18, 2009 – The owners of Starrett City, the country’s largest federally subsidized housing complex, have abandoned their heady dream of selling the property for more than a billion dollars.

Posted in The Cogsville Group News

Effort To Sell Starrett City Is Down To Single Bidder

THE NEW YORK TIMES by CHARLES V. BAGLI  – December 20, 2008 – The owners of Starrett City, the sprawling low- and moderate-income housing complex on Jamaica Bay in Brooklyn, are negotiating with the finalist in the bidding to buy

Posted in The Cogsville Group News

Bailout of apartment groups could stop foreclosure wave

DAILY NEWS – December 9, 2008 – BE OUR GUEST: DONALD COGSVILLE, real-estate investor ‘Reduced services & fixes will cause suffering.’ Rent-regulated housing is a vital and irreplaceable resource to New York City’s workforce, and appealing and safe affordable rental

Posted in The Cogsville Group News

Two real estate firms battle for Spring Creek Towers, aka Starrett City

DAILY NEWS by RACHEL MONAHAN – October 1, 2008 – It’s a David and Goliath tale – but it’s hard to know which real estate investment firm to root for now that the battle for Starrett City is down to

Posted in The Cogsville Group News