Philadelphia Business Journal The $3736 million loan against the 463,988-square-foot office building at One South Broad St in Philadelphia has been extended through September 2025 The loan, securitized through JPMorgan Chase Commercial Mortgage...
Bridge Investment Group has provided $33 million of financing against the 21-unit apartment property at 640 Broadway in the NoHo neighborhood of Manhattan JLL Capital Markets arranged the financing The property, owned by Acadia Realty Trust of White...
REBusiness Online PGIM Real Estate has provided $66 million of financing against two industrial properties with a combined 760,669 square feet in suburban Chicago The financing pays a fixed rate and allows the owner and developer of the properties,...
Houston Business Journal Stockdale Capital Partners has bought the InterContinental Houston – Medical Center, a 354-room hotel in Houston The Los Angeles real estate investment firm purchased the 21-story property from its developer, a venture...
Austin Business Journal Tokyo Electron Ltd is offering for sale its massive US headquarters campus in Austin, Texas The company, which makes semiconductor manufacturing equipment, is offering the property as part of its plan to downsize its real...
Dallas Morning News S2 Capital has bought a pair of Dallas-area apartment properties in separate deals Details about the seller, purchase prices and acquisition financing were not known CBRE brokered the deal and arranged the financing The...
The Crowne Plaza JFK Airport hotel, with 335 rooms in the Jamaica section of Queens, NY, has been sold for $84 million, or $250,746/room The property's sale will result in the defeasance or likely pay off of a $377 million CMBS mortgage that doesn't...
Dallas Morning News Kite Realty Group Trust has bought Prestonwood Place, a 160,000-square-foot shopping center in the Dallas suburb of Addison, Texas The Indianapolis REIT bought the retail property from an affiliate of Northwood Investors of New...
Dallas Morning News Kaizen Development is teaming up with local broadcaster KERA to build a mixed-use project in Dallas Work will start late next year on the project, which is being planned for a development site between North Harwood Street and...
Dallas Morning News The city of Dallas has approved a $41 million economic incentives package for the redevelopment of the Cabana Hotel into a 160-unit residential project Sycamore Development expects to begin work on the redevelopment early next...
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.
