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...
Passco Cos has paid $65 million, or $228,873/unit, for the recently completed Mill at New Holland, a 284-unit apartment complex in Gainesville, Ga The Irvine, Calif, investment manager, a major player in the tax-deferred exchange market, bought the...
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...
Phoenix Business Journal Cohen Asset Management Inc has paid $391 million, or $10378/sf, for the 376,760-square-foot Riverside Industrial Center in Phoenix The Los Angeles investor acquired the property, at 4747 Wets Buckeye Road, from Nuveen Real...
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...
A venture led by ScanlanKemperBard Co has paid $24 million, or $11268/sf, for a three-building industrial property with 213,000 square feet in Seattle The venture bought the property, at 2500 West Jameson St and 2421 and 2331 West Commodore Way,...
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...
Commercial Real Estate Direct Staff Report C-III Capital Partners has paid $64 million, or $226,950/unit, for the 282-unit Celebration Pointe apartment property in Margate, Fla, about 20 miles northwest of Fort Lauderdale, Fla The Irving, Texas,...
Multi Housing News Rreef America REIT II Inc, an affiliate of DWS Group, has paid $2791 million, or $451,618/unit, for the 618-unit Hyde Square apartments in Bellevue, Wash The Chicago REIT bought the property from Carmel Partners of San Francisco,...
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...
