Two more CMBS loans against Houston-area apartment properties have transferred to special servicing in recent weeks, increasing the volume of troubled loans against properties in the area to $35891 million, according to the TreppCRE...
Washington Business Journal A venture of Stonebridge, The Bernstein Cos, and Criterion Real Estate Capital has lined up $1756 million of construction financing for the redevelopment of 1990 K St NW in Washington, DC A lending group led by Kennedy...
South Florida Business Journal Shoma Group has lined up $1725 million of C-PACE financing for the construction of the Shoma Bay mixed-use project in North Bay Village, Fla, about nine miles north of Miami Nuveen Green Capital provided the loan,...
The volume of CMBS loans that are more than 30 days with their payments declined by $72 million last month, meaning it stayed relatively unchanged at $4742 billion...
Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies’ commercial mortgage holdings, as the LifeComps Total Return index posted a 098% total return during the...
Walton Street Capital has provided $44 million of short-term financing against the 248-unit Harlow apartment property in the Tampa, Fla, suburb of Wesley Chapel, Fla The three-year loan was arranged by Berkadia and allowed the property’s...
South Florida Business Journal Rockpoint Group has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale Beach, Curio Collection by Hilton hotel in Fort Lauderdale, Fla The Boston real estate investment firm acquired the...
Affinius Capital has provided $310 million of financing for the construction of the 1,049-unit Park Tower apartment building in Jersey City, NJ The proposed 47-story building is being developed by Namdar Realty Group of Great Neck, NY, on an...
First International Bank & Trust has provided $63 million of senior financing, while WhiteStar Advisors has provided $1325 million for the construction of the 291-unit Thompson Oaks apartment property in West St Paul, Minn The financing was...
Commercial Real Estate Direct Staff Report The appraised value of Jericho Plaza on Long Island, NY, has been lowered again, this time to just more than half the balance of the $14918 million CMBS loan against the 665,592-square-foot office property...
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.
