Aries Capital has arranged $50 million of short-term financing to facilitate the purchase of the 290,195-square-foot industrial property at 2875 Pomona Blvd in Pomona, Calif The financing has a three-year term Hawkeye Holdings LLC of Pomona...
Commercial Real Estate Direct Staff Report Kennedy-Wilson Holdings Inc, which last month had agreed to pay 92 cents on the dollar for a $24 billion portfolio of construction loans from Pacific Western Bank, has brought in as partner Fairfax...
Heitman has provided $643 million of financing for the construction of a 211,388-square-foot industrial property in Newark, NJ The three-year loan, arranged by JLL Capital Markets, allows Bridge Industrial of Chicago to build the property at 17...
Multi-Housing News Walker & Dunlop has provided $597 million of Freddie Mac financing against the Place at Prado, a 432-unit apartment property in Mesa, Ariz, about 17 miles east of Phoenix The fixed-rate financing allows the property’s...
Park Hotels & Resorts Inc said it would not make the June debt-service payment against the $725 million CMBS loan on a pair of hotels with a total of 2,943 rooms in San Francisco, adding that it would rid itself of the properties The loan is...
Commercial Observer Thorofare Capital has provided $3562 million of financing for the purchase of the 189,000-square-foot industrial complex at 377 Carlls Path in Deer Park, NY Iron Hound Management Co arranged the loan A venture of Thor Equities...
McBride Cohen Co has secured $2233 million of financing to fund the construction of the first phase of South Pier at Tempe Town Lake, a large mixed-use property in Tempe, Ariz The first phase will have 724 apartment units, 26,500 square feet of...
South Florida Business Journal Hanover Co has lined up $13535 million of construction financing for Hanover Riverwalk, a 380-unit apartment building in Fort Lauderdale, Fla Sumitomo Mitsui Trust Bank of Japan was the lender Hanover, of Houston,...
Tishman Speyer has negotiated the one-year extension of the $485 million mortgage against 300 Park Ave, a 771,643-square-foot office building in midtown Manhattan The loan, securitized through COMM, 2013-300P, now matures in August 2024 But its...
REBusiness Online Pearlmark has provided $10 million of financing against the 267-unit Vinty Apartments in Elizabeth, NJ The loan, arranged by JLL Capital Markets, allowed the property’s owner, a venture of LeCesse Development Corp and MAS...
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.
