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...
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...
Orlando Business Journal Wideman Co has purchased the stake it didn’t already own in the Truist Plaza mixed-use building in downtown Orlando, Fla, in a deal that valued the 28-story property at $928 million The local company, whose...
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