Multi Housing News Merchants Bank of Indiana has provided $215 million of construction financing for the development of a 128-unit apartment complex in Minneapolis The property, The Bessemer at Seward Commons, is being developed at 2200 Snelling Ave...
The Real Deal JPMorgan Chase Bank has provided $316 million of construction financing for the development of a 700,000-square-foot warehouse at 55-15 Grand Ave in Queens, NY A venture of LBA Realty and RXR Realty is developing the property, which is...
Crain’s New York Business Reuben Bros has agreed to acquire the 189-room Surrey Hotel in Manhattan The British investment company is buying the property from Denihan Hospitality Group of New York The hotel, at 20 East 76th St, has been...
Crain’s New York Business LCOR Inc has filed plans to construct a 322-unit apartment building in Brooklyn, NY The 26-story property, at 1515 Surf Ave, will include 10,000 square feet of commercial space and 193 parking spaces The New York...
Commercial Real Estate Direct Staff Report CBRE has originated $623 million of Freddie Mac financing against the 428-unit Estates at New Albany apartment property in Columbus, Ohio The loan allowed the property’s owner, the Connor Group of...
Commercial Observer Home Depot has renewed its lease for 120,000 square feet at 28-40 West 23rd St in Manhattan The lease is for 15 years Williams Equities owns the property, which sits between Fifth and Sixth avenues In October, Home Depot agreed...
Worcester Business Journal Finard Properties plans to demolish the 308,863-square-foot Greendale Mall in Worcester, Mass, and replace it with a 121,000-sf warehouse The buzz is Amazoncom Inc may fully lease the single-story industrial property, but...
Boston Business Journal King Street Properties plans to build a 700,000-square-foot life-sciences complex in the Boston suburb of Devens, Mass The Boston developer is constructing the five-building property on a 45-acre site on Jackson Road The...
CMBS delinquencies inched lower again last month, to $441 billion from $448 billion in October, according to Trepp LLC The November tally amounts to 818 percent of the $5397 billion universe tracked by Trepp and compares with the 828 percent...
Dallas CityBizList Greystone has provided $229 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against Carriage Homes on the Lake, a 147-unit multifamily property in the Dallas suburb of...
