Commercial Real Estate Direct Staff Report Walker & Dunlop has originated $32 million of Fannie Mae financing to help fund Raia Capital Management’s acquisition of Azola West Palm Beach, a 179-unit apartment property in West Palm Beach,...
Commercial Observer Rubenstein Mortgage Capital has provided $42 million of financing against the 206,000-square-foot office building at 1801 L St NW in Washington, DC The loan allowed the property’s owner, a group of families in the...
Commercial Observer MetLife Investment Management has provided $805 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md, about six miles from Washington, DC Washington Property Co will use the 10-year,...
Investcorp has acquired the 536,051-square-foot Tempe Commerce Park in Tempe, Ariz, for $8535 million, or $15922/sf The New York investment manager bought the property from BKM Capital Partners of Newport Beach, Calif, which had purchased it in...
Ladder Capital Corp, which like other mortgage REITs was hammered by the coronavirus pandemic, prompting it to sharply reduce its lending activity, has started lending once again The company has nearly $300 million of fixed- and floating-rate loans...
Cincinnati Business Courier Miller-Valentine Group is breaking ground later this year on the 190-unit Union at Eastgate apartment property in Cincinnati, Ohio The Dayton, Ohio, company is developing the four-story property on a six-acre site at 4427...
Crain’s New York Business Equitable Financial Life Insurance Co has signed a lease for 123,000 square feet at 1345 Sixth Ave, a 2 million-sf office building in Manhattan The insurer plans to move into the property by 2023 It currently leases...
Real Estate NJ Benderson Development has paid $164 million, or $12741/sf, for the 128,715-square-foot retail property at 60 Orange St in Bloomfield, NJ The University Park, Fla, company bought the building from Acadia Realty Trust, a White Plains,...
Charlotte Business Journal INDUS Realty Trust Inc has filed plans to build a 141,260-square-foot industrial building in Charlotte, NC The developer, formerly known as Griffin Industrial Realty Inc, is planning to build the property on more than 40...
Orlando Business Journal Young Pine Business Park LLLP has proposed developing a 147,900-square-foot office and industrial project near the Orlando International Airport The Coral Springs, Fla, developer, led by David Lasser, bought the proposed...
