Southwood Realty has paid $25 million, or $120,192/unit, for the 208-unit Village at Mills Gap apartment property in Boiling Springs, SC, about 30 miles northeast of Greenville, SC The Gastonia, NC, real estate investment firm bought the complex...
The CMBS industry has exhibited resiliency throughout the last two decades It's managed to stay on course, largely through the fine-tuning of structure, tighter underwriting and a shift in lending preferences to meet investor...
The prognosis for the commercial real estate market calls for a prolonged recovery The expectation is that much of the $540 billion of CMBS in the market will suffer...
Morning Calm Management has paid $327 million, or $19947/sf, for the 163,936-square-foot Twinbrook Office Center in Rockville, Md, about 12 miles north of Washington, DC The Boca Raton, Fla, real estate investment manager bought the six-story...
PGIM Real Estate has provided a $222 million Fannie Mae credit facility against a portfolio of 10 senior-living facilities with 702 units purchased by a venture of Aegis Living and Blue Moon Capital Partners The facility has a 10-year term and...
Crain’s Chicago Business Vista Property Group has lined up $31 million of construction financing from Bank OZK for the development of a 15-story office building at 601-609 West Randolph St in Chicago The loan was arranged by JLL’s...
Knighthead Funding has provided $225 million of first-mortgage financing against the 16 unsold condominium units at the 49-unit BLVD luxury condo property in Sarasota, Fla The loan was used by the property’s developer, BLVD Sarasota LLC, an...
The Real Deal W Financial REIT has filed a lawsuit in Nassau County, NY, Supreme Court claiming HFZ Capital Group failed to repay debt against five Manhattan properties W Financial provided HFZ a $436 million loan against properties at 150, 152 and...
Commercial Observer Liberty Bank has provided $22 million of financing against a 145,000-square-foot life-sciences property in New Haven, Conn Greystone Capital Advisors arranged the three-year, floating-rate loan Winchester Partners is constructing...
Commercial Real Estate Direct Staff Report Watermark Lodging Trust has negotiated an 18-month extension of the $84 million mortgage against its 553-room Renaissance Chicago Downtown hotel The loan, securitized through WFRBS Commercial Mortgage...
