Commercial Real Estate Direct Staff Report AvalonBay Communities Inc started seeing signs of a recovery during the fourth quarter in markets that were hardest hit by the coronavirus pandemic The Arlington, Va, REIT’s 3,788 apartment units in...
Crain’s New York Business The Trump Organization has sued footwear company Marc Fisher for unpaid rent at the Trump Tower mixed-use building in Manhattan The suit, filed in New York State Supreme Court in Manhattan, alleges that Fisher owes...
Square Mile Capital Management has provided $5725 million of financing against the 179-unit Monarch Buena Vista apartment property in Vista, Calif, which is roughly 40 miles north of San Diego The loan, arranged by JLL Capital Markets, is designed...
The CMBS market appears to be continuing to stabilize following the coronavirus-induced trough as the volume of loans in special servicing declined by another 1 percent last month, to $5196 billion, according to Trepp LLC February marks the fifth...
South Florida Business Journal A venture of Stiles Corp and PGIM Real Estate is planning to break ground soon on a 315-unit apartment project in Plantation, Fla The venture recently bought a 54-acre development site at 1301 SW 80th Terrace from...
Ready Capital has provided $104 million of financing against the 200-unit City Gardens apartment property in San Francisco The three-year loan, arranged by JLL Capital Markets, allows the property’s developer, Panoramic Interests of San...
South Florida Business Journal Easton Group has started construction on a 127,000-square-foot warehouse property in Doral, Fla The property is being built on a seven-acre site at 1500 NW 97th Ave as part of the International Corporate Park...
South Florida Business Journal Affiliates of Tricor Financial Corp has sold Cobblestone Commons, an 88,456-square-foot shopping center in Boynton Beach, Fla, for $375 million, or about $42394/sf A company managed by Isidoro Attie Laniado of Coral...
South Florida Business Journal Wells Fargo Bank has provided $557 million of construction financing for the development of a 300-unit apartment project in Oakland Park, Fla, about four miles north of Fort Lauderdale, Fla Ram Realty Advisors recently...
South Florida Business Journal Wells Fargo Bank has provided $557 million of construction financing for the development of a 300-unit apartment project in Oakland Park, Fla, about four miles north of Fort Lauderdale, Fla Ram Realty Advisors recently...
