Freddie Mac funded $1285 billion of multifamily loans during the first quarter, up 30% from the $10 billion it funded a year ago, but 55% less than the $29 billion it funded during last year’s fourth quarter The agency typically acquires...
Commercial Real Estate Direct Staff Report The second annual Trepp Connect conference got underway earlier today in Manhattan’s Rockefeller Center, with more than 200 attendees After opening remarks by Annemarie DiCola, chief executive of...
Fannie Mae funded 669 multifamily loans with a balance of $171 billion during the first quarter, up nearly 45% from the $118 billion it funded a year ago The latest quarter’s volume increased the housing-finance agency’s book of...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $4625 million of financing against the 106-unit apartment property at 200 West Ocean Blvd in Long Beach, Calif, about 20 miles south of Los Angeles The three-year loan pays...
South Florida Business Journal S3 Capital has provided a pair of loans totaling $350 million for the construction of the Continuum Club & Residences West in the Miami suburb of North Bay Village, Fla The lender, in partnership with Aksoy...
Atlanta Business Chronicle Fannie Mae has taken through foreclosure The Peach, a 68-unit apartment building in Atlanta’s Midtown area The property, at 1655 Peachtree St NE, had served as collateral for a $2327 million fixed-rate loan that paid...
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.
