Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co on behalf of the property’s owner,...
Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St, near the foot of the Williamsburg Bridge in Brooklyn, NY The four-story building was constructed in 1891 as the...
Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St in Manhattan’s Greenwich Village area The loan allows the property’s owner, Stonehenge NYC, to retire a $573 million...
Crain’s Chicago Business Bank OZK has provided $102 million of financing for the construction of a 724-unit apartment property at 410 North Elizabeth St in Chicago The property is being developed by Weldon Development Group of New York The...
Commercial Real Estate Direct Staff Report The $160 million mortgage against the 234 million-square-foot US Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced The loan is scattered among...
Tampa Bay Business Journal Precedent Asset Management has filed a foreclosure suit against the owner of the Captiva Club, a 361-unit apartment complex in St Petersburg, Fla The local real estate company, which filed its suit in Hillsborough County...
Commercial Real Estate Direct Staff Report Gantry has arranged $73 million of Fannie Mae financing against the 425-unit Prairie Creek Apartments and Townhomes in Lenexa, Kan, a southern suburb of Kansas City The five-year loan pays a fixed coupon...
Mesa West Capital has provided $505 million of mortgage financing against the 308-unit Gran Bay Apartments in Jacksonville, Fla The loan has a term of up to five years and allows the property’s owner, Beachwold Residential of New York, to...
South Florida Business Journal M&T Bank has provided $160 million of construction financing for the initial phase of the Town Square Apartments in Boynton Beach, Fla Time Equities of New York recently broke ground on the 465-unit first phase,...
Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St in Seattle The five-year loan was arranged by Cushman & Wakefield on behalf of the property’s...
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