JPMorgan Chase Bank has provided a $160 million credit facility for Safely Store Self Storage, which is backed by Caisse de depot et placement du Quebec, or simply La Caisse The facility, arranged by JLL Capital Markets, is comprised of a $60...
ConnectCRE Wells Fargo Bank has provided $125 million of financing against Larimer Square, a 513,000-square-foot mixed-use property in downtown Denver that’s owned by Asana Partners of Charlotte, NC, which bought it in 2020 for $925 million...
Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St in Chicago through a deed in lieu of foreclosure The venture previously...
Dwight Mortgage Trust has provided $183 million of financing for the construction of a 530-unit apartment property in the northern California city of Gilroy The loan is the largest construction loan ever originated by the company, the mortgage REIT...
Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
Commercial Real Estate Direct Staff Report The 278 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million It marks the third time the 83-story building – the third tallest in the city after...
Pacific Life Insurance Co has provided $1246 million of financing against the 363-unit Arthur on Aberdeen apartment property in Chicago’s Fulton Market neighborhood JLL Capital Markets arranged the three-year loan on behalf of the two-year-old...
OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors’ purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, NC As reported, the Minnetonka, Minn,...
Commercial Real Estate Direct Staff Report An affiliate of Golden Horizon Enterprises has paid $1125 million, or $336,826/unit, for Bungalows at Camelback, a 334-unit apartment property in Phoenix The purchase was first reported by the Phoenix...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
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