Commercial Real Estate Direct Staff Report Commercial mortgage lending volume increased by 19 percent in the second quarter when compared to last year, according to an index by the Mortgage Bankers Association But the increase wasn’t across...
Crain’s Chicago Business HP Ventures has paid $205 million, or $640,625/unit, for the 32-unit apartment property at 2050 North Clark St in Chicago The local company purchased the property from Novak Development in a deal brokered by Apartment...
Prime Finance has provided $6975 million of financing for the purchase of the 164-unit Vines at Riverpark apartment property in Oxnard, Calif, about 60 miles northwest of Los Angeles Interstate Equities Corp of Los Altos, Calif, acquired the...
Natixis Corporate & Investment Banking has provided $7683 million of financing to help fund Denholtz Properties’ purchase of the former JB Drive Apartments, with 384 units in the Nashville, Tenn, suburb of Murfreesboro, Tenn The...
The Opus Group has broken ground on a 212,700-square-foot office and industrial property at 200 Festal Place NW in Owatonna, Minn, about 65 miles south of Minneapolis The Minneapolis developer is building the property on behalf of Climate Design...
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...
Cincinnati Business Courier BC Wood Properties has paid $546 million, or $12715/sf, for a pair of retail centers with 429,400 square feet in Newport, Ky The Lexington, Ky, company purchased the properties from an affiliate of Albanese Cormier...
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...
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...
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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