Commercial Real Estate Direct Staff Report A venture of Asland Capital Partners and Pembroke Residential Holdings has lined up $100 million of financing, from a mix of low-income housing tax credits and state-issued housing bonds, for the...
DB Capital Management has paid $2455 million, or $164,765/unit, for Gardens on Paris, a 149-unit apartment property in Aurora, Colo The Playa Vista, Calif, investment manager, which has about $500 million of assets under management, bought the...
Dallas Morning News An affiliate of TTI Capital has lined up $7529 million of financing for its purchase of The Travis, a 345-unit apartment property in suburban Dallas Marcus & Millichap’s Institutional Property Advisors unit arranged the...
PGIM Real Estate has provided $40 million of financing against the 113-unit LL Hawkins Apartments and the neighboring Slabtown Marketplace in Portland, Ore The five-year loan with a fixed coupon was arranged by CBRE The property, at 1515 NW 21st...
Atlanta Business Chronicle The Interlock, a 305,000-square-foot office building in Atlanta’s West Midtown area, has been brought to the sales market SJC Ventures owns the property, which is expected to sell for $2135 million, or $700/sf...
ACRE, formerly known as Asia Capital Real Estate, has provided $435 million of financing to fund Peak Capital Partners’ $625 million, or $416,667/unit, purchase of the 150-unit Connect at First Creek in Denver The loan, arranged by KeyBank...
Commercial Real Estate Direct Staff Report A group of lenders led by JPMorgan Chase Bank has provided $415 million of financing against 3 Times Square, an 850,000-square-foot office property in midtown Manhattan The group includes Bank of America...
Tampa Bay Business Journal Lurin has paid more than $132 million, or about $191,582/unit, for the Cove on the Bay apartment property in Tampa, Fla The Dallas investment firm bought the 689-unit property from Gamma Real Estate, which had purchased it...
Multi-Housing News A venture of MRP Realty and Barings has lined up $694 million of financing for the third phase of the Washington Gateway mixed-use complex in Washington, DC Santander Bank provided the loan, which was arranged by Eastdil Secured...
The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave in midtown Manhattan, hasn’t completed its purchase and lost its $35 million deposit Innovo was to have...
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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