Hamilton Zanze has lined up $399 million of Freddie Mac financing against Enchanted Springs, a 200-unit apartment property in Colorado Springs, Colo KeyBank Real Estate Capital provided the loan It has a 10-year term and requires only interest...
The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, NY The property is being planned for a vacant lot...
The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave in Queens, NY Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL Zara, a Queens...
Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $87360/sf, purchase of 51 West 52nd St, an 870,000-square-foot office building in Manhattan Deutsche Bank and Goldman Sachs...
Local developers Dirk Erickson and John and Marcia Bouquet have secured $3122 million of financing for the construction of BRYK on Broadway, a 180-unit affordable-housing property in Rochester, Minn NorthMarq arranged the loan, which was provided by...
Commercial Observer CSRE has secured $32 million of financing to help fund the acquisition and conversion of a vacant 381-room Marriott hotel in Farmington, Conn, into a 225-room apartment property Kriss Capital provided the floating-rate loan,...
Real Estate NJ Peloton Interactive has signed a lease for 840,000 square feet at the 41 million-sf Linden Logistics Center in Linden, NJ, about 20 miles southwest of Manhattan A venture of Advance Realty Investors, Greek Development and PGIM Real...
Boston Business Journal Herb Chambers has agreed to pay $205 million, or $232,47/sf, for the 88,182-square-foot office building at 400 Mystic Ave in the Boston suburb of Medford, Mass The automobile dealership is buying the property from Eastern...
CBRE has provided $242 million of Freddie Mac financing to help facilitate the purchase, by a Harbert Management Corp fund, of Parkside at Craig Ranch, a 1,824-unit apartment complex in the Dallas suburb of McKinney, Texas The loan is said to be the...
PGIM Real Estate has provided $51 million of mortgage financing against the 263-unit Broadstone Trailside apartment complex in the Raleigh, NC, suburb of Morrisville, NC The property, at 5860 McCrimmon Parkway, near the Research Triangle Park...
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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