Commercial Real Estate Direct Staff Report Volatility in the single-asset CMBS market had prompted Carter Multifamily to shift gears in a recent transaction It had planned to place a long-term securitized mortgage on a portfolio of six apartment...
New York YIMBY TSA Studio Architecture has received approval from New York City’s Landmarks Preservation Commission for its redevelopment of 251-253 Fifth Ave in Manhattan’s Madison Square North, or NoMad area, into a mixed-use project...
MetLife Investment Management has provided $3546 million of financing to facilitate the $652 million, or $469,064/unit, purchase of the 139-unit Colina apartment property in Seattle A venture of Swig Co and RISE Properties Trust acquired the...
Commercial Observer Slate Real Estate Capital has provided a $147 million loan against three self-storage properties in the New York City boroughs of the Bronx, Brooklyn and Queens The loan was arranged by Meridian Capital Group for the...
The Real Deal Colony Hills Capital has purchased the 339-unit Royce at Trumbull apartment complex in Trumbull, Conn, for $101 million, or $297,935/unit The Wilbraham, Mass, investment manager bought the property, at 100 Avalon Gates, from a venture...
Yield PRO A joint venture of TruAmerica Multifamily and funds managed by Oaktree Capital Management has lined up $641 million of financing for its purchase of the 325-unit Arbors at Carrollwood apartment property in Tampa, Fla An undisclosed bank...
Mesirow has provided $275 million of long-term financing against the 605,897-square-foot office building at 300 E St SW in Washington, DC, that serves as the headquarters of the National Aeronautics and Space Administration, or NASA The loan allowed...
JLL Capital Market has secured $4945 million of financing for the construction of Flagstaff Elkwood, a 224-unit apartment property in Flagstaff, Ariz An unnamed commercial bank provided the loan to Wexford Developments of Calgary, Alberta, which is...
South Florida Business Journal Trinsic Residential Group has lined up $99 million of construction financing for Aura North Miami Beach, a 373-unit apartment project in North Miami Beach, Fla The Dallas developer is building the property on 28 acres...
The Real Deal The New York Housing Development Corp has leased 109,000 square feet at 120 Broadway, a 191 million-square-foot office building in lower Manhattan The state agency is moving from 110 William St, also in lower Manhattan A venture of...
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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