The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
The Boeing Oklahoma City industrial complex has 529,822 square feet A story published Jan 8, "Oklahoma City's Boeing Campus Sold for $12474Mln," overstated the property's size The price amounts to $23544/sf The property is comprised of a 200,000-sf...
Keith Hall and Peter McMillan, who have formed Pacific Oak Cos, still manage two non-traded REITs sponsored by KBS Capital Advisors: KBS Strategic Opportunity REIT Inc and Strategic Opportunity REIT II Inc A story published on Nov 13, "Senior KBS...
American Real Estate Partners owns Riverside on the James in Richmond, Va, and is offering it for sale through Cushman & Wakefield A story published on March 8 incorrectly identified the...
Cohen Equities, which is led by Meir Cohen, a former principal of C&K Properties, was the buyer of the Computer Sciences Building at 7900 Harkins Road in Lanham, Md A story published yesterday, "Cohen Pays $2035Mln for DC-Area Office that...
The two Pittsburgh-area shopping malls that Pennsylvania REIT has agreed to sell have a combined 14 million square feet A story published on April 29, "PREIT to Sell 2 Pittsburgh-Area Malls," reported an incorrect size PREIT carries the Uniontown...
The venture of Urban American and City Investment Fund that owns a portfolio of six apartment properties with 3,962 units in Manhattan still has not selected a lender to provide it with $750 million of financing A story published May 16, $750Mln...
Compass Real Estate Fund III so far has raised $125 million of investor commitments, or half of its $25 million target in its first round of capital raising A story published March 27, "Owner-Operator Switches Gears to Become Capital Provider,"...
A Shidler Group venture bought 200 South Michigan Ave in Chicago for $69 million, or about $192/sf A story published on March 14, "Shidler Venture Pays $69Mln for Chicago Office," incorrectly identified the building that was...
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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