Milwaukee Business Journal The Couture, a 322-unit apartment building with 42,000 square feet of ground-floor retail will begin construction in January after the US Department of Housing and Urban Development approved a guarantee to back a $1035...
Commercial Real Estate Direct Staff Report The $606 million CMBS loan against the Jefferson Mall shopping center in Louisville, Ky, has been extended by four years through June 2026 The loan, securitized through JPMorgan Chase Commercial Mortgage...
Asia Capital Real Estate has provided $785 million of financing against the 288-unit City Club Detroit apartment property in downtown Detroit The six-story complex, which is expected to open to tenants next month, is being developed by City Club...
REBusiness Online Hillwood Development Co has acquired the 879,040-square-foot Bailly Ridge 4 warehouse in Monee, Ill, about 38 miles south of Chicago, for $503 million, or $5722/sf The Dallas developer bought the industrial property, at 25810 South...
Charlotte Business Journal Southwood Realty has bought Gateway at Rock Hill, a 312-unit apartment property in Rock Hill, SC, for $513 million, or about $164,423/unit The Gastonia, NC, company acquired the complex, at 820 Sebring Drive, from...
Sabal Capital Partners, among the most active originators of Freddie Mac small-balance loans, has been approved by the housing-finance agency to write loans under its Optigo conventional loan program That gives the Irvine, Calif, lender the go-ahead...
REBusiness Online MCA Realty has sold the 131,577-square-foot Diaz Commerce Center in Temecula, Calif, to an undisclosed local investor for $14 million, or $10640/sf MCA, of Santa Ana, Calif, had acquired the two-building property, at 27711 Diaz...
Multi Housing News Odyssey Properties and L5 Investments have completed the purchase of Arbor Chase, a 100-unit apartment property in Kent, Wash, for $245 million, or $245,000/unit LivCor, a Chicago subsidiary of Blackstone Group, sold the property,...
Multi Housing News S2 Capital LLC has acquired the 408-unit Jerome Apartments in Glendale, Ariz, for $55 million, or $134,804/unit The Addison, Texas, company funded the acquisition with a three-year, $472 million loan from Benefit Street Partners...
Dallas Morning News Ferti Management Corp has bought a 100,000-square-foot industrial property at 100 East FM 2449 in Ponder, Texas, about 32 miles north of Fort Worth, Texas The St Michel, Quebec, company is a maker of fertilizers and soil...
