Columbia Pacific Advisors Bridge Lending has provided $66 million of financing to facilitate H&A Properties’ purchase and planned renovation of a 739-unit apartment property at 3001 East Jefferson Blvd in South Bend, Ind Columbia Pacific...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has originated $337 million of Freddie Mac financing against the 348-unit Arcadian Village apartment property in Charlotte, NC The loan allowed the property’s owner, Monument Real...
JPMorgan Chase Bank has provided $414 million of financing to help fund the $8251 million purchase of the One Memorial Drive office building in Cambridge, Mass, by a venture of MetLife Investment Management and Norges Bank Investment...
Atlanta Business Chronicle Exeter Property Group has bought the Vue at the Quarter, a 271-unit apartment property in Atlanta, for $797 million, or about $294,096/unit The Conshohocken, Pa, investor acquired the property from GJ Enterprises Group of...
Commercial Observer Argentic Real Estate Finance has provided $32 million of financing against the office and retail property at 384-390 Fulton St in Brooklyn, NY The loan allowed the property’s owner, Sutton Management, to retire $211 million...
Community Three Development, which recently purchased a development site at 950 Third Ave NW in Washington, DC, has lined up $60 million of financing to construct a 12-story building with 130 residential condominiums The Washington, DC, developer...
Neil Luthra and Vann Avedisian, former principals at Highgate Hotels, have formed Newbond Holdings, which will pursue equity and debt investments in the hotel sector The company has completed its first deal, partnering with Apollo Global Management...
Tampa Bay Business Journal Preston Giuliano Capital Partners has sold a pair of Tampa, Fla-area apartment properties totaling 503 units for $112 million, or about $222,664/unit The Providence, RI, company sold the properties to 29th Street Capital...
Avanti Residential has paid $159 million, or about $400,503/unit, for Forum Fitzsimons, a 397-unit apartment property in Aurora, Colo The Denver investor bought the property from an affiliate of the Pollin Group of Rancho Santa Fe, Calif, which had...
BSR REIT has paid $938 million, or $263,483/unit, for the 356-unit Aura 36Hundred Apartments in the Austin, Texas, suburb of Round Rock, Texas The Little Rock, Ark, REIT, whose common shares trade on the Toronto Stock Exchange, bought the property...
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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