Commercial Observer THG Properties has paid $575 million, or about $328,571/unit, for a portfolio of three apartment properties with 175 units in New Jersey The Newark, NJ, company bought the portfolio from Morgan Properties, a King of Prussia, Pa,...
The Real Deal JPMorgan Chase Bank has provided $442 million of financing against the Sunset Industrial Park, a 13 million-square-foot industrial project that’s breaking ground next year in Brooklyn, NY Eastdil Secured arranged the loan A...
Commercial Observer A venture of Metrovest Equities and BLDG Management has lined up $2175 million of financing against the 158-room Gurney’s Montauk Resort and Seawater Spa in Montauk, NY Deutsche Bank provided the loan, which was arranged by...
Boston Business Journal Eaton Vance has agreed to lease between 250,000 and 275,000 square feet of headquarters space at One Post Office Square, an 831,975-sf office building in Boston The investment company will occupy floors 14 through 20 at the...
Bisnow Omega Therapeutics has leased 89,000 square feet at the 405,000-sf One Charles Park life-sciences and office complex in Cambridge, Mass The biotechnology company is moving into its space in December 2022 It will pay an initial rent of $115/sf...
The Real Deal A venture of Skylight Real Estate Partners and PCCP LLC has paid $50 million, or $500,000/unit, for the 100-unit apartment property at 340 Old River Road in Edgewater, NJ, across the Hudson River from Manhattan Waterton, a Chicago real...
Hartford Business Journal Jones Street Investment Partners has paid $717 million, or $286,800/unit, for the 250-unit Tannery apartment property in Glastonbury, Conn, about six miles southeast of Hartford, Conn The Boston investment manager bought...
Crain’s New York Business The Feil Organization has filed plans for a 421-unit apartment property at 356 Fulton St in Brooklyn, NY The 43-story building will have 73 parking spots and about 100,000 square feet of commercial space Feil has begun...
Commercial Observer Scale Lending has provided $685 million of construction financing for the 165-unit apartment project at 210 Clarkson Ave in Brooklyn, NY, that’s being developed by K2 Real Estate Partners The loan was arranged by Meridian...
Commercial Observer A group of lenders led by Bank Leumi has provided $95 million of financing for the construction of the 164-unit American Lions apartment project in Queens, NY Leumi Partners and Israeli Discount Bank were also part of the lending...
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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