The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, has increased the amount each can annually invest through low-income housing tax credits to $850 million The two housing-finance agencies were allowed to move back into...
Commercial Real Estate Direct Staff Report Unico Properties LLC has paid $1432 million, or $60755/sf, for the 235,700-square-foot 110 Atrium office building in the Seattle suburb of Bellevue, Wash The Seattle investor bought the property from a...
South Florida Business Journal A Related Group affiliate has lined up $6986 million of construction financing for the Manor Miramar apartment project in that Florida city Wells Fargo Bank provided the loan The project is slated to break ground early...
Hall Structured Finance has provided $511 million of financing against the historic Benson Hotel in downtown Portland, Ore The loan is being used by the property’s long-time owner, Coast Hospitality of Seattle, to renovate the 108-year-old...
Commercial Real Estate Direct Staff Report Capital One has originated $242 million of Freddie Mac financing for the 194-unit Park at Milano apartment property in Orlando, Fla The 10-year loan allowed the property’s owner, Blue Roc Premier...
Principal Real Estate Investors has provided $190 million of financing against the Carillon Point mixed-use complex in Kirkland, Wash The 15-year loan was arranged by Gantry of San Francisco on behalf of Carillon Properties, which had developed the...
Knighthead Funding has provided $595 million of financing for the construction of a 200-unit residential condominium property in Austin, Texas The property sits on a 18-acre site at 1808 Aldrich St in the Mueller planned development, three miles...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has originated $597 million of Freddie Mac financing to help fund Hamilton Zanze’s acquisition of the 377-unit Blu at Northline Apartments in Charlotte, NC The loan has a 10-year...
Blue Vista Capital Management has provided $51 million of financing against a portfolio of three office properties with 670,890 square feet in Huntsville, Ala The fixed-rate, seven-year loan allowed the property’s owner, Triangle Capital Group...
Blackstone Group has provided a $1188 million loan to facilitate the purchase of the 326-room W hotel in Washington, DC A venture of Pacific Investment Management Co and Schulte Hospitality Group bought the property for $147 million...
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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