Santander Bank has provided $715 million of financing, while Washington Capital Management has made a $418 million equity investment in Commonwealth Development Partners’ 500 North Michigan Ave redevelopment project in Chicago The Greenwich,...
BridgeInvest has provided $1143 million of mortgage financing against the 161,824-square-foot Rivani mixed-use property at 1691 Michigan Ave near Miami Beach’s Lincoln Road pedestrian promenade The loan, arranged by Berkadia, allowed the...
Commercial Observer Corebridge Financial has provided $293 million of fixed-rate financing against the 158,957-square-foot mixed-use property at 40 10th Ave in Manhattan’s Meatpacking District A venture of New York companies Aurora Capital...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
Commercial Property Executive Bank of America has provided $725 million of financing against Alameda Business Centre, a 507,000-square-foot industrial property in Los Angeles The financing was arranged on behalf of the property’s owner,...
Commercial Real Estate Direct Staff Report The Southridge Mall in Greendale, Wis, is on the cusp of being sold, subject to the assumption of the property’s long-delinquent $10087 million CMBs loan A total of 553,801 square feet of the 116...
Commercial Observer PGIM has provided $57 million of financing for the conversion of the 51,853-square-foot office building at 152 West 36th St in Manhattan into a roughly 1,500-unit self-storage facility A venture of Mequity Cos and Flatiron...
Eastwind Development has lined up $455 million of construction financing for the 264-unit Aston at Longleaf apartment property in Melbourne, Fla TD Bank provided the loan The Palm Beach Gardens, Fla, developer is constructing the four-building...
Commercial Real Estate Direct Staff Report Mesa West Capital has provided $27 million of financing to facilitate Timberlane Partners’ $37 million, or $406,593/unit purchase of the 91-unit Vista Ridge apartment property in the Seattle suburb of...
BlackRock Inc’s HPS Investment Partners unit has provided $101 million of financing against the 308-unit RISE at Glen Kernan Park active-adult apartment property in Jacksonville, Fla The floating-rate loan, with a three-year term that can be...
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