South Florida Business Journal Popular Bank has provided a $4375 million loan for the construction of the Northside Village mixed-use project in Miami’s West Little River neighborhood IMC Equity Group recently broke ground on the project,...
South Florida Business Journal Housing Trust Group has lined up $61 million of construction financing for the University Station apartment property in Hollywood, Fla The Miami company is building the 216-unit property on 25 acres at 309 North 21st...
Commercial Real Estate Direct Staff Report Kennedy Wilson has recapitalized Altitude by Vintage in Reno, Nev, by bringing in an equity partner in a deal valuing the 293-unit apartment property at $545 million, or $186,006/unit The identity of the...
Commercial Observer A venture led by New York developer Tredway has paid $150 million, or $183,824/unit, for the 816-unit Sea Park Apartments in the Coney Island section of Brooklyn, NY The venture bought the affordable-housing complex, at 2930 West...
The $558 million mortgage against the Lakeland Square Mall in the central Florida city of Lakeland has transferred to special servicer SitusAMC as it has matured It last received a debt-service payment in March The loan is one of three left in the...
Commercial Real Estate Direct Staff Report Walker & Dunlop has provided $1772 million of Freddie Mac financing to facilitate the purchase of the 124-unit Solaire on Scottsdale apartment property in Tempe, Ariz Chicago investment manager 29th...
Commercial Real Estate Direct Staff Report Dwight Mortgage Trust has provided $1275 million of short-term financing against Pine Island Plaza, a 104,000-square-foot retail center in Sunrise, Fla The loan is the first against a retail property for...
Philadelphia Business Journal The $2737 million CMBS loan against a portfolio of four Club Quarters hotels with a total of 1,228 rooms has defaulted and is headed toward foreclosure The loan is securitized through BX Trust, 2017-CQHP, and is senior...
Commercial Real Estate Direct Staff Report Freddie Mac has provided $40 million of financing to facilitate MG Properties’ purchase of the Artesia, a 192-unit apartment property in Everett, Wash The San Diego investment manager purchased the...
The Real Deal The RXR Realty venture that owns the 786,985-sf office building at 61 Broadway in lower Manhattan has defaulted on its $325 million of financing Lenders led by Aareal Bank, which hold the loan, are slated to offer it for sale in the...
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