Commercial Observer Rabsky Group has secured $92 million of financing from G4 Capital Partners to refinance existing debt and fund pre-development costs involved at 313-315 Bond St, a proposed 526,118-square-foot mixed-use property in the Gowanus...
Dallas Morning News Work is slated to begin this summer on a 213-unit multifamily project in Dallas Hanover Co, a Houston apartment developer, early this year acquired the project’s near two-acre development site on Northwest Highway near...
Commercial Observer Burberry has signed a 15-year lease for 43,000 square feet of office space at the Salmon Tower in Manhattan The luxury fashion retailer is relocating from 444 Madison Ave, also in Manhattan, where it has occupied nearly 70,000 sf...
South Florida Business Journal Ocean Bank has provided $5523 million of construction financing for Bay Pointe, a 269-unit apartment project in Miami The loan has a two-year term Garco, a Miami multifamily builder, recently broke ground on the...
Barings has provided $645 million of financing against the 252-room AC Hotel Fort Worth Downtown, which was completed in September 2020 The 16-story property, at 101 West 5th St in downtown Fort Worth, Texas, was developed by Jackson-Shaw Co of...
Commercial Observer Rudin Management is selling 55 Broad St, a 30-story office building in the financial district of Manhattan for $180 million to a venture of Silverstein Properties and Metro Loft Rudin had developed the property in 1967 and...
Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Multi-Housing News Greystone has provided $20 million of Fannie Mae financing against the 322-unit Del Vista Apartments in Lanham, Md, about 13 miles northeast of Washington, DC The loan was used to retire an $189 million Fannie mortgage Del Vista,...
New York Life Insurance Co has provided $81 million of construction-to-permanent financing against the Residences and Shoppes at Highland, a mixed-use property with 244 apartment units and 190,000 square feet of retail space in the Hialeah area of...
Commercial Real Estate Direct Staff Report The $2265 million mortgage against the 97,463-square-foot office/retail property at 693 Fifth Ave on Manhattan’s Upper East Side has transferred to special servicer LNR Partners Inc as the...
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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