The Real Deal Harrison Street Real Estate Capital has paid $508 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif The Chicago investment and management firm purchased the property from an...
Commercial Observer The 55,000-square-foot building at 16 West 39th St in midtown Manhattan has been placed on the sales market for $325 million, or $590,909/sf The 12-story property is next to 424 Fifth Ave, which Amazoncom Inc had purchased last...
Commercial Real Estate Direct Staff Report Thorofare Capital last year funded 26 loans totaling $684 million, nearly half of which were against multifamily properties The Los Angeles alternative lender, like just about every other lender extant, saw...
REBusiness Online Arden Group has begun construction on a 20-story mixed-use project at 4650 Broadway in Manhattan’s Inwood section Plans call for 222 apartment units, 120,000 square feet of commercial space, 80,000 sf of which will be set...
The US Department of Housing and Urban Development funded $2832 billion of multifamily loans during its 2022 fiscal year, which ran through last September That's down sharply from the $3812 billion it had funded during the previous fiscal year, its...
Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
REBusiness Online PRC Group has lined up an $884 million loan against its Campus Town at TCNJ, a 612-bed student-housing property in Ewing, NJ Walker & Dunlop arranged the financing for PRC, of Red Bank, NJ The lender wasn’t disclosed The...
Dallas Morning News Anthem Development has lined up $63 million of construction financing for a 340-unit apartment project in Garland, Texas, about 18 miles northeast of Dallas Nova Capital of Los Angeles arranged the financing from Bank OZK The...
Dallas Morning News A venture of Toll Brothers and Pondmoon Capital USA is starting construction next month on the Mirra, a 285-unit apartment property in the Dallas suburb of Frisco, Texas Toll, a Fort Washington, Pa, residential property...
Pacific Western Bank has provided $107 million of construction financing for the 224-unit apartment property that’s planned for 585 Union St in the Gowanus neighborhood of Brooklyn, NY The property is being developed by a venture of Canyon...
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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