Multi-Housing News Five Star Bank has provided $495 million of financing for the second phase of the GrandeVille at Malta apartment project in Malta, NY, about 25 miles north of Albany, NY LeCesse Development is the project’s developer It will...
Commercial Real Estate Direct Staff Report DoveHill Capital Management has paid $2704 million, or $122,353/room, for the 221-room DoubleTree by Hilton Hotel Deerfield Beach – Boca Raton in Deerfield Beach, Fla The Fort Lauderdale, Fla,...
Dallas Business Journal A venture of Champion Partners and Cresset Partners is building Tradepoint 45 West, an industrial building with more than 135 million square feet along Sunrise Road in Wilmer, Texas, about 16 miles south of Dallas The...
Dallas Morning News A venture of Hanover Co and GID Investment Advisers is building Hanover Turtle Creek, a 341-unit apartment complex in Dallas The property will be built on the site of the Turtle Creek Gardens condominiums, at 2525 Trutle Creek...
Dallas Morning News Cawley Partners is starting construction in December on the second phase of its Parkwood office park in the Dallas suburb of Plano, Texas The local developer already has lined up a tenant for the four-story building, as SFMG...
Dallas Morning News Prologis will start construction early next year on the first two buildings at its Prologis Atlantic Station industrial development in the Dallas suburb of Plano, Texas The two buildings, each of which with 270,500 square feet,...
Commercial Property Executive Greystone has provided $613 million of Fannie Mae financing against Kinect @ Lynnwood, a 239-unit apartment property in Lynnwood, Wash Cushman & Wakefield arranged the 10-year loan, which pays a fixed coupon and...
Commercial Observer Enterprise Community Development Inc has struck a deal to pay $257 million, or $114,732/unit, for the 224-unit Skyland Apartments in the Randle Heights area of Washington, DC The property, at 2333 Skyland Place SE, is being...
Commercial Real Estate Direct Staff Report Northmarq has provided $2986 million of Freddie Mac financing against Fontenelle Hills, a 339-unit apartment property in Bellevue, Neb, which is just outside of Omaha, Neb The 15-year loan that Northmarq, a...
Gelt Inc has paid $76 million, or $510,067/unit, for Avalon Studio 4121, a 149-unit apartment property in the Studio City area of Los Angeles The Los Angeles investor bought the property, at 4121 Radford Ave, from AvalonBay Communities Inc, which...
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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