The Real Deal Madison Realty Capital has taken control of a 15-building apartment portfolio in Manhattan’s East Village neighborhood The company had provided $126 million of debt against the portfolio in 2016 to help fund Brookhill...
Commercial Observer Quinlan Development Group has lined up $48 million of financing against the 138-unit apartment project at 230 Classon Ave in Brooklyn, NY CIT Real Estate Finance provided a $357 million senior loan, while Hines Realty Income Fund...
Preferred Apartment Communities Inc is exiting the office sector and shifting its focus to multifamily properties and grocery-anchored shopping centers in the Sunbelt region The Atlanta REIT already is under contract to sell a 195...
Dallas Business Journal Cold Creek Solutions is breaking ground in the third quarter on a 374,560-square-foot cold-storage facility in Denton, Texas The Fort Worth, Texas, company is building the property on 23 acres northwest of Interstate 35 and...
Commercial Real Estate Direct Staff Report Essex Property Trust, which owns 244 apartment properties with roughly 60,000 units in California and the Seattle area, has seen rents fall once again as its portfolio is still feeling the effects of the...
Commercial Observer A venture of 60 Guilders and Davidson Kempner has agreed to pay $130 million, or $69859/sf, for 186,088 square feet of office condominium space at 12 MetroTech Center in Brooklyn, NY Brookfield Property Partners is selling the...
Crain’s New York Business A venture of GDSNY and Klovern has paid $31 million for the development site at 407 Park Ave in Manhattan Land Finance sold the site, which it had acquired in 2010 for $87 million It houses a 4,300-square-foot...
Kenco Logistics has agreed to lease the entire 397,351-square-foot Perris Gateway Commerce Center in Perris, Calif The Chattanooga, Tenn, company was represented in the deal by Newmark, while JDK Real Estate represented the owner of the industrial...
Commercial Observer JPMorgan Chase Bank has provided $44 million of financing against the medical-office project at 160 West 124th St in Manhattan’s Harlem neighborhood Cushman & Wakefield arranged the floating-rate loan Park-It Management...
The Real Deal Tribeca Associates has transferred ownership of the 298-room Moxy NYC Downtown Hotel in Manhattan to AllianceBernstein, which had provided a $105 million loan against the property in 2018 Tribeca, a New York developer, had bought the...
