The suit claims Shaoul worked out an arrangement with former basketball star Earvin "Magic" Johnson's real estate investment venture Canyon-Johnson Urban Funds to pay Brooklyn Federal $13 million to buy back his own defaulted mortgage on the mixed-use property at 146 West 28th Street valued at $27.
What does CJUF stand for?
CJUF stands for Canyon-Johnson Urban Fund
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Samples in periodicals archive:
and Canyon-Johnson Urban Fund II LP, to finance the construction of the W Hotel and Residences, a 37-story condominium and hotel project located at 308 W.
Now a partnership, known as the Canyon-Johnson Urban Fund, bought the loan and took control by cutting a deal with Urban Realty and AIG Bank of New York sold the note at a roughly 25 percent discount to the unpaid loan balance.
The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin "Magic" Johnson, announced the closing of its $1 billion Canyon-Johnson Urban Fund III.
Canyon-Johnson Urban Fund, Los Angeles, announced it will make its first investment in Boston by becoming the majority financier of a project to build work-force housing on a former industrial site in the Charlestown section of the city.