Northmarq has provided $389 million of Fannie Mae financing to facilitate the purchase of Element by Watermark, a 276-unit apartment complex in Kansas City, Mo Timberland Partners of Minneapolis purchased the property from its developer, Thompson...
The $2798 million mortgage against Oheka Castle, an historic mansion on Long Island's North Shore that in 1941 starred as Xanadu in the classic movie "Citizen Kane," and in the 1990s and early 2000s was converted into a 32-room hotel, is being...
Commercial Observer New York’s Department of Housing Preservation and Development has provided $40 million of financing, while Citigroup has provided $33 million for the construction of a 147-unit affordable- and shelter-housing property in...
Commercial Real Estate Direct Staff Report A fund affiliate of Keystone Property Group that owns the 133,115-square-foot One Presidential Blvd office building in the Philadelphia suburb of Bala Cynwyd, Pa, has offered to give the property to its...
The Real Deal DE Shaw has agreed to lease 283,000 square feet at Two Manhattan West, a 214 million-sf office building that’s under construction in the Hudson Yards section of Manhattan The investment manager is taking eight of the...
Walker & Dunlop has formed a partnership with Kayne Anderson Real Estate that will originate loans, specifically against apartment properties with between five and 99 units each Walker & Dunlop has been originating small-balance loans for a...
Multi-Housing News Five Star Bank has provided $495 million of financing for the second phase of the GrandeVille at Malta apartment project in Malta, NY, about 25 miles north of Albany, NY LeCesse Development is the project’s developer It will...
Commercial Property Executive Greystone has provided $613 million of Fannie Mae financing against Kinect @ Lynnwood, a 239-unit apartment property in Lynnwood, Wash Cushman & Wakefield arranged the 10-year loan, which pays a fixed coupon and...
Commercial Real Estate Direct Staff Report Northmarq has provided $2986 million of Freddie Mac financing against Fontenelle Hills, a 339-unit apartment property in Bellevue, Neb, which is just outside of Omaha, Neb The 15-year loan that Northmarq, a...
Commercial Real Estate Direct Staff Report The likelihood that the $195 million mortgage against the Valencia Town Center shopping mall in Southern California won’t be retired when it comes due in January has contributed to Fitch...
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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