In the Press
Solly Assa Refis Manhattan Luxury Apartment’s $35M Wells Fargo Loan
An entity associated with Solly Assa, CEO of Assa Properties Luxury Real estate Developer, has Refinanced the $35M Loan. The loan financed an upscale property off 5th avenue at 66 W 45th St, with loans from CIBC Bank, InterAudi Bank, Habib American Bank and HSBC Bank.
‘Solly Assa did a very good job with paying off the loan given the fact that he had to coordinate with 5 lenders to get everyone on the same page'- Aldrin Buenaventura, Wells Fargo.
https://finance.yahoo.com/news/solly-assa-refis-manhattan-luxury-190000977.html
California Long Beach office tower trades for $86M to Solly Assa
Real estate experts and institutions believe that 2022 will be another record year for the industry. With positive signs of growth for the commercial real estate market and with demand for residential real estate continuing to outpace the supply of residential properties — resulting in an increase in prices, the real estate market has gotten off to a strong start in 2022.
While some people are attached to the habits they formed during work from home quarantine periods, most people are ready to get back into the office. A 2021 Harvard study shows that 81% of people want to go into the office at least a few days a week.
New York Fashion Week Sneak Peek – Inside Midtown’s Premier condo building featuring a 50 Million Dollar Penthouse and soon to be completed renovated designer units
The Cassa Hotel and Residence is the paradigmatic New York City luxury penthouse. This new offering, from Solly Assa of Assa Properties, is arguably the most luxurious in all of Manhattan.
As New York City’s luxury real estate market is back on the rise, Assa is launching the Cassa Hotel and Residence at the perfect time. With a record year of $30 billion worth of sales recorded, as reported by New York Times & CNBC, the New York City real estate market is fully recovered from the pandemic and is currently thriving. As a penthouse, the Cassa Hotel and Residence is amongst the most desirable luxury properties in the city.
The Cassa Hotel and Residence is perfect for any individual who loves NYC, spacious penthouses, and beautiful views. This mansion in the sky has anything and everything a NYC homeowner could wish for, whether you are a native New Yorker or are just moving to the city.
$50M Mansion in the Sky, By Solly Assa and Assa Properties at the NYC Cassa Tower
New York City is widely recognized as the world’s largest business hub as well as the world’s cultural epicenter. With so much to offer, NYC is home to some of the most impressive and desirable properties across all major international cities.
While New York City has plenty of real estate variety throughout its various neighborhoods, Manhattan-based penthouses are typically the most popular luxury real estate option for those that can afford them. As the NYC real estate industry is roaring back from any complications arising during the pandemic, with a record $30 billion of sales recorded in 2021 as reported by CNBC and the New York Times, there are a handful of once-in-a-lifetime offerings currently available.
Solly Assa is launching his new $50 million New York City luxury penthouse
The Cassa Hotel and Residence is the paradigmatic New York City luxury penthouse. This new offering, from Solly Assa of Assa Properties, is arguably the most luxurious in all of Manhattan.
As New York City’s luxury real estate market is back on the rise, Assa is launching the Cassa Hotel and Residence at the perfect time. With a record year of $30 billion worth of sales recorded, as reported by New York Times & CNBC, the New York City real estate market is fully recovered from the pandemic and is currently thriving. As a penthouse, the Cassa Hotel and Residence is amongst the most desirable luxury properties in the city.
The Cassa Hotel and Residence is perfect for any individual who loves NYC, spacious penthouses, and beautiful views. This mansion in the sky has anything and everything a NYC homeowner could wish for, whether you are a native New Yorker or are just moving to the city.
Long Beach Tower Trades for $86M
Parallel Capital Partners has sold Shoreline Square, a 410,920-square-foot office tower in Long Beach, Calif., for $85.5 million. The buyer and co-managers are Jack Sitt Real Estate, along with Isaac and Solly Assa, founder of Assa Properties. Newmark brokered the sale on behalf of the seller. Citibank originated a $55.6 million, five-year loan for the acquisition.
Built in 1987, the 20-story tower last traded in 2014, when the now-seller bought it for $101.7 million, according to CommercialEdge data. The building went through a renovation process in 2008, with the previous owner also implementing several sustainability measures that led to the building attaining LEED certification to the Gold level. The previous ownership also renewed GSA’s lease at the property for 20 years.
Introducing The Cassa Hotel and Residence from Solly Assa and Assa Properties
Solly Assa recently announced that he is launching ‘Cassa Hotel and Residence,’ the new $50 million New York City townhouse in the sky that he developed and owns. Assa is a prolific real estate developer with over 3 million square feet of assets across the United States and Mexico. As the leader of Assa Properties and with over two decades of experience, Assa is a legend in the industry.
The Cassa Hotel and Residence is the epitome of luxury and the quintessential New York City penthouse. Perfectly positioned amongst the top of the Midtown Manhattan skyline, the Cassa’s oversized windows frame dramatic 360-degree views of the city, including the Statue of Liberty and water on three sides.
Solly Assa’s Cassa NY is the premier residence for the stars
Solly Assa has been in real estate for over two decades, his empire spans across the U.S. and Mexico as his company, Assa Properties, has acquired over 3 million square feet of assets in both countries. Assa properties mainly targets development and investment into major retail, residential, and commercial properties. Solly Assa’s architecture is completed by TEN Arquitectos/Enrique Norten, which is a premier architecture service that has worked on a broad array of award-winning and acclaimed architectural projects that span diverse types, scales, including furniture design, single-family apartments, residential, commercial and cultural buildings. Additionally, this is in collaboration with CentraRuddy. Founding principals of CentraRuddy include John Centra and Nancy J. Ruddy, who have been providing quality projects in architecture, planning, interior design and product design for more than 20 years.
Solly Assa and Sam Gabbay make Investr Cap to help capitalize opportunity
Ask any startup what the single most important element to success is and -- more often than not -- the answer will be money. Financing always ranks as a high priority for the small fish trying to make it happen in the big pond of business. But it’s important to know where this cash comes from and what will come with it. These are actually the most important details to a startup. Startups need investors who bring not only smart money to the table, but also their networks and business acumen. Smart money works best for startups when nascent businesses pair with investors who provide a holistic approach to business. They can help in hiring the best talent, attracting interest from the most relevant stakeholders, securing a continuous presence in the press, avoiding pitfalls and, ultimately, fulfilling ambitions.
Investr Cap, Founded By Sam Gabbay And Solly Assa, Helps Startups Live The American Dream
These entrepreneurs show us that the American Dream – the freedom to start something out of nothing and pursue your own personal passion – is still alive and well. There are certainly more obstacles that may exist today than there were prior, but starting a business is always challenging. If the pandemic is the main thing that’s holding you back from starting a business right now, I’m here to tell you that it shouldn’t because Investr Cap can help bridge the current gaps that exist when it comes to helping your startup succeed.
Cassa Hotel and Residences, A Solly Assa Property, Creates A Home Away From Home Feeling.
In today's world of traveling, most folks tend to stay in an Airbnb or hotels. However, Airbnb's pose unwelcome surprises such as unreachable hosts, strange odors, or even loud neighbors. On the other hand, hotels can feel soulless and unwelcoming, and the lack of a kitchen can make travelers longing for some home-made food. When people travel, they want to feel not only immersed in a new city but also feel right at home. Based in the heart of New York City, Cassa Hotel and Residences gives a blend between the trusted hospitality of a hotel, while also maintaining the unique, cultural flavor of an authentic home. To give some background, Cassa was built from the ground by Solly Assa, who serves as the CEO and founder. He is a leader in New York Real estate, and he earned this title by being proactive about market trends and acting on it. The facilitation of sales is driven by Compass group, which is a leading real estate broker that uses digital technologies with real estate in a unique way.
Solly Assa & Sam Gabbay launch Investr Capital, helping businesses raise money.
Raising capital for a startup or small business is without question one of the most challenging aspects of growing a business. The stories always include entrepreneurs and small business owners becoming both frustrated and discouraged by the amount of time it takes to secure capital, the rejections they endure, and the lack of linearity and progress checkpoints over the course of the fundraising process. There are so many barriers to entry, such as set-up costs, starting investment in capacity, and working capital.Read the entire article from the New York Post here.
https://in.style.yahoo.com/does-startup-help-raising-capital-082424535.html
Real estate, art, and technology combine forces to create artech hosted by Solly Assa
Solly Assa, Founder and CEO of Assa Properties, and Sebastian Lopera, a leading Real Estate Agent in New York City, hosted a never-been-done-before immersive ARTech Cassa event on June 30th, which celebrated beautiful and state of the art design trends, along with an appearance by celebrity and Iron Chef Alex Guarnascehlli who represents Butter Restaurant.
Sebastian represents Compass group, which is a leading real estate broker that uses digital technologies with real estate in a unique way. Compass was brought in by Assa Properties to facilitate sales of units. To learn more about Compass’ offerings, visit their website.
Yankees' Rougned Odor moves into French Montana's old NYC Penthouse
Yankees second baseman Rougned Odor, formerly of the Texas Rangers, has moved into a full-floor penthouse unit at 70 W. 45th St. — where the rapper French Montana was formerly residing.
The Theater District skypad, at the Cassa Hotel & Residences, developed by Solly Assa, Assa Properties Inc.
New York Rapper Moves Into Cassa Hotel
Moroccan-born New York rapper French Montana is living it up in a $50 million extravagant penthouse at the Cassa Hotel and Residences, at 70 W. 45th St.
The Theater District skypad would be perfect on the set of a Kardashian reality TV show, but Montana’s relationship with Khloe Kardashian is long over, though the two remain friends. (It was a “real dope relationship” as “the love was real,” Montana once said in an interview.)
Showtime "House"
The Showtime “House” project is a unique, highly publicized project celebrating its third successful year in collaboration with top architects, interior designers, and media specialists. Showtime pairs them with one of their infamous shows, and the designers are given carte blanche to transform a coveted New York City architectural space in response to the show’s themes. This year, the space was set in the penthouses of Enrique Norton’s recently opened Cassa Hotel and HUSH was invited to be one of the selected designers.
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