Regions Bank has provided a $350 million Fannie Mae credit facility against a portfolio of five apartment properties with 1,623 units owned by Equity Residential The 10-year financing, which carries a fixed coupon, allows Equity Residential, a...
MAG Partners and Safanad, which last year got underway with the development of the 194-unit apartment building at 300 East 50th St in Manhattan’s Turtle Bay area, has brought in Global Holdings as partner and lined up $95 million of...
Commercial Real Estate Direct Staff Report Starwood Property Trust recently had received a $523 million payment against the $2201 million piece of the senior financing it holds against the American Dream shopping and entertainment mall in northern...
REBusiness Online Gantry has arranged $216 million of construction to permanent financing against Studio Village, a 33,700-square-foot retail property in Studio City, Calif The five-year loan was arranged on behalf of the property’s developer,...
The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
CIM Group has provided $475 million of financing against the View, a 168-unit apartment property in Los Angeles The loan allowed the property’s owner, a venture between MWest Holdings of Los Angeles and BentallGreenOak of Miami, to refinance...
Parkview Financial has provided $198 million of financing for the construction of a 121-unit apartment property in the Fishtown section of Philadelphia The property, at 2000 East Hagert St, is being developed by M&B Development of Philadelphia...
Commercial Real Estate Direct Staff Report The venture between Macerich Co and Alaska Permanent Fund Corp that owns the Tysons Corner Center shopping mall in suburban Washington, DC, has lined up a $710 million mortgage, allowing it to pay off an...
Commercial Real Estate Direct Staff Report Calmwater Capital has provided $2325 million of financing to facilitate the purchase of Decatur 215, a 126,678-square-foot retail center in Las Vegas Earlier this month, an investor group led by Anupam...
Sumitomo Mitsui Banking Corp has provided a $923 million loan for the development of a 354-unit apartment property at 5400 McGrath Blvd in the Washington, DC, suburb of North Bethesda, Md The property, commonly referred to as Parcel H, is being...
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.
