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...
Dwight Capital has provided $128 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against the 400-unit City Market at O apartment property in Washington, DC The loan ties the record for the...
Borello Asset Management has paid $41 million, or $310,606/unit, for the 132-unit Elwood Apartments in Happy Valley, Ore, about 15 miles from downtown Portland, Ore The Gilroy, Calif, investor purchased the property from Cedar Coast, which was...
Dallas Morning News Greystone Servicing Co has provided a $135 million loan for the purchase of 78 luxury apartment units atop the historic US Post Office and Courthouse Building in downtown Dallas Wolfe Investments of Plano, Texas, bought the...
Commercial Observer Odiljon Tursunov, the owner of the Tashkent Supermarket grocery-store chain, has paid $18 million, or $500/sf, for the mostly vacant retail building at 1769 86th St in Brooklyn, NY Tursunov bought the 36,000-square-foot property...
Boston Business Journal Bristol-Myers Squibb Co has signed a lease for an additional 113,000 square feet at a 473,000-sf life-sciences building that is currently under construction in Cambridge, Mass The pharmaceutical company will fully occupy the...
The Real Deal The Feil Organization has agreed to pay $325 million for four development sites at 360-370 Fulton St in Brooklyn, NY The New York company is buying three of the sites from Henry Modell & Co of New York and the other from Weinstein...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded six principal-paying and two interest-only classes of GS Mortgage Securities Trust, 2014-GC18, because of the losses it expects certain collateral loans to suffer The...
An affiliate of Peregrine Realty Partners has paid $33 million, or $33588/sf, for Promontory, a 98,249-square-foot office building in San Diego The Newport Beach, Calif, real estate firm purchased the property from Carleton Management in a deal...
