Commercial Observer Sound Point Capital has provided $415 million of financing against the 103,060-square-foot office building at 411 West Putnam Ave in Greenwich, Conn Cushman & Wakefield and Mission Capital Advisors arranged the loan Acram...
The Real Deal Daiwa House Group has bought the 49 percent stake it didn’t already own in the Maverick residential property in Manhattan, in a deal that values the 199-unit complex at $506 million The Japanese investor bought the stake from HAP...
Commercial Observer Developer George Rigas has filed plans to build a 77-unit apartment property in Brooklyn, NY The eight-story building, at 2905 West 17th St in the borough’s Coney Island area, will include 90 parking spaces The development...
The Real Deal Robert Tagliareni has paid $365 million, or about $213,450/unit, for the 171-unit apartment property at 41-109 Belgrove Drive in Kearny, NJ JP Management LLC sold the complex, which it had bought in 2004 for $11 million Gebroe-Hammer...
The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, NY The property is being planned for a vacant lot...
The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave in Queens, NY Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL Zara, a Queens...
Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $87360/sf, purchase of 51 West 52nd St, an 870,000-square-foot office building in Manhattan Deutsche Bank and Goldman Sachs...
Commercial Observer CSRE has secured $32 million of financing to help fund the acquisition and conversion of a vacant 381-room Marriott hotel in Farmington, Conn, into a 225-room apartment property Kriss Capital provided the floating-rate loan,...
Real Estate NJ Peloton Interactive has signed a lease for 840,000 square feet at the 41 million-sf Linden Logistics Center in Linden, NJ, about 20 miles southwest of Manhattan A venture of Advance Realty Investors, Greek Development and PGIM Real...
Boston Business Journal Herb Chambers has agreed to pay $205 million, or $232,47/sf, for the 88,182-square-foot office building at 400 Mystic Ave in the Boston suburb of Medford, Mass The automobile dealership is buying the property from Eastern...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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