The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
The Real Deal Signature Acquisitions, Empire State Management and Nachman Leibowitz have lined up $105 million of financing against 167 unsold residential condominium units at the 300-unit Cascade complex in Brooklyn, NY G4 Capital Partners provided...
Dwight Capital has provided $1856 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against the 262-unit Brady Station Apartments in Odessa, Texas The loan allowed the 38-year-old...
The $60 million CMBS loan against the 353-room Marriott Hanover hotel in Whippany, NJ, has transferred to special servicer Rialto Capital Advisors as it's expected to default The loan has received a three-month debt-service deferral agreement But...
Crain’s New York Business Insite Property Group is building a 102,500-square-foot self-storage facility at 59-02 Borden Ave in Queens, NY The Redondo Beach, Calif, developer bought the development site in the borough’s Maspeth...
Commercial Real Estate Direct Staff Report The $175 million CMBS loan against the Waterford Lakes Town Center retail property in Orlando, Fla, has transferred to special servicer KeyBank because of an expected non-monetary default The loan,...
South Florida Business Journal Tricera Capital has lined up $5075 million of financing for The Press mixed-use project in West Palm Beach, Fla Monroe Capital of Chicago provided the loan, which is being used to complete the 11-acre project, at 2751...
Dwight Capital has provided $222 million of US Department of Housing and Urban Development mortgage financing against Gramercy Park Cooperative at Lake Shore Drive, a 157-unit apartment property in the Minneapolis suburb of Richfield, Minn Units at...
Berkadia has provided $429 million of Freddie Mac financing against the 88-unit Hancock Estates apartment property in the Boston suburb of Chestnut Hill, Mass Chestnut Hill Realty of Chestnut Hill owns the property, at 200 Estate Drive, which it had...
New York Community Bank has provided $72 million of financing against the 290-unit Apartments at Aberdeen Station in Aberdeen, NJ The loan allowed the property's owner, AJH Management of Lakewood, NJ, to retire $60 million of Freddie Mac...
