Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
Galway Cos has broken ground on the 357-unit Greenline apartment property at 1709 West Broadway in the Madison, Wis, suburb of Monona, Wis The property will have studio, one-, and two-bedroom units, and will include a fitness center, sauna, cold...
Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
Assouline-Busch Capital, which is redeveloping the former Red South Beach hotel in Miami Beach, has lined up $89 million of financing for the effort The family office, formed by the Assouline book-publishing family, and the Busch family of...
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