Commercial Real Estate Direct Staff Report JLL Real Estate Capital has originated a $559 million Freddie Mac loan to facilitate the purchase of Leva on Market, a 261-unit apartment property in Seattle’s Ballard neighborhood The loan has a...
AZ Big Media Plaza Cos and Fayth Hospitality plan to break ground on the 257-room Hotel Six Four, Mayo Blvd in Phoenix Plaza, of Peoria, Ariz, and Fayth, of Dallas, will build the property at the southeast corner of 64th Street and Mayo Boulevard,...
South Florida Business Journal Tyko Capital has provided $817 million of construction financing for Faena Residences Miami, a 440-unit condominium project along the Miami River A venture of Fortune International Group and KAR Properties is...
South Florida Business Journal Cohen Brothers Realty has lined up $385 million of construction financing for West Palm Point, a 438,000-square-foot office and retail project that’s under construction in West Palm Beach, Fla The lender was not...
Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 105 million-square-foot industrial project in Tinicum Township, Pa, next to...
Charlotte Business Journal Frontier Group of Cos has paid $928 million, or $366,798/unit, for the 253-unit Everly apartment property in the South End neighborhood of Charlotte, NC The privately held real estate firm acquired the property from its...
Charlotte Business Journal Endeavor Real Estate Group has paid $388 million, or $35618/sf, for Carnegie Point, a 108,931-square-foot office building in the SouthPark section of Charlotte, NC The Austin, Texas, real estate firm acquired the property...
A venture of Sixth Street Partners and Riller Capital has paid $372 million, or $177 million/room, for the 210-room Four Seasons Resort Scottsdale at Troon North in Scottsdale, Ariz The venture bought the 27-year-old property, on 38 acres at 10600...
An affiliate of MacroReal Investment Group has paid $492 million, or $201,639/unit, for the 244-unit Be Mesa apartment property in Mesa, Ariz The Arcadia, Calif, investor acquired the property, at 510 South Extension Road, from AEW Capital...
WP Carey Inc, one of the country's largest owners of net-leased real estate, has completed $16 billion of property acquisitions so far this year, putting it well on its way to reaching its expectation of up to $21 billion of deals for the year...
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.
