Sonnenblick-Eichner Co has arranged $39 million of mortgage financing, from Rockbridge Capital, against the 197-room Moxy Portland Downtown hotel in Portland, Ore The five-year loan allowed the property’s developer and owner, a venture of...
South Florida Business Journal An affiliate of Starwood Capital Group has purchased Marketplace at the Outlets, a 303,705-square-foot shopping center in West Palm Beach, Fla, for $130 million, or about $42805/sf The Miami Beach, Fla, company bought...
Empire Hotel, with 423 rooms and 61,223 square feet of retail space in Manhattan’s Columbus Circle area, has been appraised at a value of $137 million That’s nearly one-third the value pegged to it in 2013, when a $180 million loan was...
Commercial Real Estate Direct Staff Report Fannie Mae last year funded nearly $70 billion of financing against multifamily properties While that’s nearly 9 percent less than the record volume it posted in 2020, it bumps up against the lending...
A venture of Lang Partners and Realty Capital Residential has lined up $545 million of financing for the construction of Tree Farm Lofts, a 196-unit apartment property in Basalt, Colo JLL Capital Markets secured the four-year loan, which has a...
Franklin BSP Realty Trust Inc has provided $84 million of financing to fund Emmut Properties’ $799 million purchase and planned redevelopment of the Excelsior Hotel on Manhattan’s Upper West Side The financing, arranged by...
Commercial Real Estate Direct Staff Report PCCP LLC has provided $75 million of financing to facilitate Griffis Residential’s $1073 million, or $515,865/unit, purchase of the Post, a 208-unit apartment property in downtown Seattle The...
JLL has provided $735 million of Freddie Mac financing against the 403-unit City View at the Highlands apartment property in the Chicago suburb of Lombard, Ill The 10-year loan, serviced by JLL Real Estate Capital, was arranged by JLL Capital...
Commercial Real Estate Direct Staff Report Alternative lender 3650 REIT in recent weeks provided $95 million of financing against the 375,000-square-foot La Habra Marketplace in La Habra, Calif, capping off a year in which it funded $145 billion of...
Dwight Capital has provided $4824 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 260-unit Farmstead apartments in Nampa, Idaho, which is roughly 20 miles west of Boise, Idaho The loan...
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.
Subscribe to our Weekly Newsletter!
