Muti-Housing News Coastal Community Bank has provided $35 million of financing for the construction of Kōz on Alderwood, a 200-unit apartment property in Lynnwood, Wash The project’s developers, MSquared of New York and Kōz Development of...
Commercial Real Estate Direct Staff Report The owner of Chicago’s massive Aon Center, at 200 East Randolph St, could be close to refinancing the 278 million-square-foot office property’s $6775 million financing package, which includes...
Commercial Real Estate Direct Staff Report Foothills Bank has provided $356 million of financing for the construction of Amavida at Marana, a 200-unit apartment property in Tucson, Ariz The property is being developed by a venture of Ascent Cos of...
The Real Deal JPMorgan Chase Bank has provided $500 million of financing against 87 unsold condominium units at Manhattan’s Central Park Tower at 217 West 57th St The loan was used by the property’s developer, Extell Development, to...
Orlando Business Journal Urban Network Capital Group has lined up $267 million of construction financing for the Visions Orlando mixed-use project in Orlando, Fla The Miami developer obtained the financing from LV Lending, also of Miami Visions...
South Florida Business Journal A venture consisting of Illinois lenders CIBC Bank USA, First Bank Chicago and Republic Bank has provided $669 million of construction financing for Wynwood Station, a 210-unit apartment project in Miami The loan...
South Florida Business Journal A venture that includes the Archdiocese of Miami is developing a 150-unit seniors-housing property in Pompano Beach, Fla Bank of America has provided $34 million of tax-exempt financing, while Broward County, Fla,...
NewPoint Real Estate Capital has provided $1536 million of Freddie Mac financing against The One, a 451-unit apartment property along the Hudson River waterfront in Jersey City, NJ The property was developed in 2015 by BLDG Management at 110 First...
Commercial Real Estate Direct Staff Report Affinius Capital Management, the former USAA Real Estate, has provided $825 million of financing against the 489-room Arlo Midtown Hotel in Manhattan The property, at 351 West 38th St, is owned by an...
Multifamily property insurance rates are projected to increase up to 50 percent in 2023 That would be on top of last year's 20 percent increase Some markets, specifically those hit by weather-related disasters, are getting hit the hardest...
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