Commercial Real Estate Direct Staff Report An affiliate of Grupo Pontegadea has paid $4875 million, or $975,000/unit, for the 500-unit apartment property at 19 Dutch St in lower Manhattan The company, led by Amancio Ortega, the Spanish founder of...
Reef Capital Partners, which is developing the Black Desert Resort in Ivins, Utah, near Zion National Park, has lined up $153 million of C-PACE financing for the massive project The financing is the largest-ever of its kind and was provided by...
Commercial Real Estate Direct Staff Report KeyBank has provided $1703 million of Freddie Mac financing to facilitate the purchase of the 135-unit Glenridge Apartments in Glendale, Ariz A limited liability company managed by Robert LaFrance purchased...
Commercial Real Estate Direct Staff Report Capital One has provided $159 million of Freddie Mac financing to facilitate the purchase of the 85-unit Proximity on 16th Apartments in Phoenix Bridge Founders Group of Sandy, Utah, had purchased the...
Multi-Housing News Toll Brothers has opened Emblem 120, a 289-unit apartment property on a 34-acre parcel at 120 Commerce Way in the Boston suburb of Woburn, Mass The property, 13 miles north of downtown Boston, has direct access to Interstate 95...
The Real Deal American Express has hired Cushman & Wakefield to help evaluate its need for office space, including in Manhattan The financial services company is said to be looking for roughly 1 million square feet in and around Manhattan,...
Tampa Bay Business Journal Stoneweg US LLC has lined up $50 million of construction financing for Lake Maggiore apartment property in St Petersburg, Fla First Horizon Bank was the lender The 330-unit property is being built on a 14-acre site at...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc has provided $342 million of permanent financing against 10 self-storage properties with 3,616 units throughout Arizona The financing was secured by Marcus &...
Parkview Financial has provided $28 million of financing to fund the pre-development work for a proposed 650-unit apartment property at 6400 Canoga Ave in Woodland Hills, Calif, and the redevelopment of an existing office building on the site into a...
The Real Deal A venture of Black Spruce Management and Orbach Affordable Housing Solutions has paid $3875 million, or $949,754/unit, for the 408-unit apartment building at 685 Fifth Ave in Manhattan The purchase is part of the venture’s June...
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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