CrossFirst Bank has provided $23 million of financing for the construction of KV Casa Grande, a 314,453-square-foot industrial property in Casa Grande, Ariz The financing from the Leawood, Kan, bank was arranged by JLL Capital Markets on behalf of...
CMBS special servicing volumes jumped last month by a whopping 804 percent, to $3759 billion, according to Trepp Inc It now amounts to 611 percent of the $61553 billion universe the company tracks The volume is now nearly where it was in December...
San Antonio Business Journal Dogwood Commercial Real Estate has purchased the 355,000-square-foot retail property at 8800 Broadway in San Antonio for an undisclosed price The Dallas investment firm bought the property from a company calling itself...
Aries Capital has arranged $50 million of short-term financing to facilitate the purchase of the 290,195-square-foot industrial property at 2875 Pomona Blvd in Pomona, Calif The financing has a three-year term Hawkeye Holdings LLC of Pomona...
Commercial Real Estate Direct Staff Report Kennedy-Wilson Holdings Inc, which last month had agreed to pay 92 cents on the dollar for a $24 billion portfolio of construction loans from Pacific Western Bank, has brought in as partner Fairfax...
Quarterly rent growth among the major apartment-owning REITs - 12 companies with 549,956 units - slowed in the first quarter of the year, growing by an average of just less than 1 percent from the fourth quarter That's a slowdown from last year's...
Transaction activity in the sale-leaseback market slowed appreciably in the first quarter, to 173 deals totaling $481 billion, according to SLB Capital Advisors That compares with the $744 billion of deal activity posted in the fourth quarter and...
Heitman has provided $643 million of financing for the construction of a 211,388-square-foot industrial property in Newark, NJ The three-year loan, arranged by JLL Capital Markets, allows Bridge Industrial of Chicago to build the property at 17...
Multi-Housing News Walker & Dunlop has provided $597 million of Freddie Mac financing against the Place at Prado, a 432-unit apartment property in Mesa, Ariz, about 17 miles east of Phoenix The fixed-rate financing allows the property’s...
Park Hotels & Resorts Inc said it would not make the June debt-service payment against the $725 million CMBS loan on a pair of hotels with a total of 2,943 rooms in San Francisco, adding that it would rid itself of the properties The loan is...
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