The World Cup is being held on North American soil for the first time since 1994 While it's still too early to gauge the full economic impact of the tournament on the US hotel sector, the early buzz is that hotels are benefiting from the event...
Crain’s Chicago Business The buzz is that a venture of Anagram Real Estate and Glendon Capital Management is in talks to buy the office component of Chicago’s River North Point mixed-use property out of foreclosure Trigild of Dallas is...
Blackstone has provided $12465 million of mortgage financing against the Alesio Urban Center mixed-use complex in the Dallas suburb of Irving, Texas Berkadia arranged the financing on behalf of Harbor Group International, a Norfolk, Va, investment...
Meta Platforms Inc continues making strides to offload the 589,112 square feet of space it leases at the Sixth and Guadalupe mixed-use tower in Austin, Texas The parent company of social media platforms Facebook and Instagram recently inked The...
Commercial Real Estate Direct Staff Report So far this year, $161 billion of conduit loans have been securitized, and 845% of that total, or $136 billion, consists of five-year loans, according to analysis by Trepp Inc Until recently, five-year...
Portman Holdings has lined up $540 million of financing for the construction of the 700-room Cincinnati Downtown Marriott hotel project The Atlanta developer obtained the financing from Bank OZK, which provided a senior portion of the loan, and...
Cirrus Real Estate Partners has provided $1004 million of mortgage financing against the two-building DiVosta Towers office complex in Palm Beach Gardens, Fla The three-year loan, arranged by Berkadia, allowed the property’s developer and...
PGIM has provided $222 million of mortgage financing against a pair of office buildings with 101 million square feet in Manhattan owned by Rudin Management Co The investment manager provided $140 million for the 582,405-sf 41 Madison Ave, which sits...
The Real Deal Bascom Group has lined up $52 million of financing against the 366-unit Cantera at Towne Lake apartment property in Cypress, Texas The Irvine, Calif, company will use a portion of the loan proceeds for renovations It paid $545...
South Florida Business Journal An affiliate of North American Development Group has lined up $1206 million of construction financing for Nuvo Delray Beach, a 476-unit apartment project in Delray Beach, Fla Wells Fargo Bank provided the loan The West...
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