The Real Deal The New York City Housing Development Corp and Wells Fargo Bank have led a $414 million construction financing package for the development of a 611-unit affordable-housing project in Manhattan’s Inwood section The 30-story...
New York YIMBY Work has wrapped up at the Eastlight, a 144-unit residential condominium building in Manhattan’s Kips Bay area The 34-stotry property, at 200 East 34th St, was developed by a group led by China Overseas Holdings It has studio,...
Crain’s New York Business MetLife Investment Management has paid $681 million for a pair of apartment buildings with a total of 78 units in the Williamsburg section of Brooklyn, NY The Parsippany, NJ, investment manager bought the buildings,...
Northwind Group has provided $313 million of financing to fund the completion of the 273-unit residential condominium project at 125 Greenwich St in lower Manhattan Exterior construction of the 88-story building, which is being developed by a...
Commercial Observer The estate of artist Frank Fristachi has put on the sales block an assemblage of eight parcels along Driggs Avenue, between Grand and South First streets in the Williamsburg section of Brooklyn, NY The parcels could be developed...
First Citizens Bank is leading a $657 million loan for the construction of the 211-unit Spark Apartments in Redmond, Wash The property is being developed by MainStreet Property Group of Kirkland, Wash, on a 22-acre site at 17515 NE 67th Court, about...
Commercial Real Estate Direct Staff Report Bridge Investment Group has provided $1919 million of Freddie Mac financing to facilitate Rise48 Equity’s purchase of the 112-unit Eden Apartments in Tempe, Ariz The Phoenix investment manager...
Forman Capital has been re-launched and will pursue short-term senior and mezzanine loans and preferred-equity investments against middle-market residential properties across the country For the past four years, the company had been part of a...
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 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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