Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has offered to purchase, at a discount, the two loans totaling $1121 million against its Jefferson Mall in Louisville, Ky, and Southpark Mall in suburban Richmond, Va The...
SL Green Realty Corp has partnered with a group of institutional investors from South Korea and Israel on its $445 million, or $1,320/sf, purchase of the 337,000-square-foot office building at 450 Park Ave in midtown Manhattan The group funded its...
Dallas Morning News Archway Properties has started construction on the Royal 114 industrial property in the Dallas suburb of Irving, Texas The Houston developer is building the four-building property, with more than 429,000 square feet, along State...
San Antonio Business Journal Orion Real Estate Partners has bought the 180-unit Remington Ranch apartment property in San Antonio The Los Angeles private real estate company plans to invest $26 million on renovations to the three-story property, at...
An affiliate of Hampshire Properties has purchased the 276-unit Mansion at Bala apartment property in Philadelphia The Brooklyn, NY, affiliate, Rose Valley Capital, bought the 12-year-old property from Winther Investment Inc of Houston It funded the...
CarVal Investors, which last year originated $11 billion of loans, is hoping to fund a similar amount this year, despite the headwinds it and other alternative lenders are facing But the lender, like others, is facing some substantial challenges,...
Commercial Real Estate Direct Staff Report A venture of Asland Capital Partners and Pembroke Residential Holdings has lined up $100 million of financing, from a mix of low-income housing tax credits and state-issued housing bonds, for the...
DB Capital Management has paid $2455 million, or $164,765/unit, for Gardens on Paris, a 149-unit apartment property in Aurora, Colo The Playa Vista, Calif, investment manager, which has about $500 million of assets under management, bought the...
Austin Business Journal JCI Residential LLC is building a 100-unit apartment project at 6416 North Lamar Blvd in Austin, Texas It’s not known when construction will start The project is being built behind a former Threadgill’s...
Houston Business Journal Cheniere Energy Inc has agreed to lease 151,490 square feet of office space at Texas Tower, a 47-story office building that opened recently in downtown Houston The liquified natural gas company will occupy floors 12 through...
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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