South Florida Business Journal Stellar Communities has proposed building a 204-unit apartment property in Aventura, Fla The Dania Beach, Fla, developer wants to build the project on a 15-acre site at 18801 West Dixie Highway, which it had purchased...
Lender 3650 REIT has provided $85 million of permanent mortgage financing against the WSFS Bank Center, a 371,222-square-foot office building in Wilmington, Del The loan, funded through the lender’s stable cash-flow investment platform, has a...
South Florida Business Journal Conlon & Co has sold a mixed-use building at 184 Sunset Ave in Palm Beach, Fla, for $17 million Benchmark Real Estate Group bought the property, which consists of 23 apartment units and 1,951 square feet of retail...
NewPoint Real Estate Capital LLC has further bolstered its seniors-housing originations capabilities with the hiring of Sean Huntsman as senior managing director and Katherine Stewart as managing director The Plano, Texas, lender, formed just last...
Commercial Real Estate Direct Staff Report LoanCore Capital has provided $339 million of financing for Clear Capital LLC’s $45 million, or $296,052/unit, purchase of the 152-unit Parker Apartments in Glendale, Ariz The Irvine, Calif, investor...
Mesa West Capital has provided $135 million of financing to facilitate the $2025 million, or $519,231/unit, purchase of the 390-unit Sophia at Abacoa apartment complex in the Abacoa section of Jupiter, Fla The loan, arranged by Newmark, helped fund...
AZ Big Media A venture of DMB Associates and Vestar is planning to build Verrado Marketplace, a 500,000-square-foot retail center in Buckeye, Ariz, about 26 miles west of Phoenix The property would be constructed at the northeast corner of Verrado...
Commercial Real Estate Direct Staff Report Simon Property Group signed 900 leases totaling 3 million square feet during the first quarter, marking the mall REIT’s most active quarter since 2016 The Indianapolis company said it has another 500...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $60 million of financing for the purchase of the 240-unit Sanctuary on Broadway Apartments in Tempe, Ariz An affiliate of EZ Real Estate of Seattle purchased the property for...
Nine office properties with 4 million square feet in Chicago's central business district traded in the first quarter for a total of $9465 million, making it the most-active quarter since the second quarter of 2018 In contrast, $8856 million of sales...
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.
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