Mortgage lender 3650 REIT, which originates both long- and short-term mortgages, has raised $580 million of what could be $950 million of additional capital to continue writing loans The Miami company, which retains the risk pieces of CMBS deals...
Commercial Real Estate Direct Staff Report Investcorp has paid $728 million, or $173,333/unit, for the 420-unit Retreat at St Johns apartment property in Jacksonville, Fla The New York investment manager bought the property from RangeWater Real...
Real Estate NJ Tryko Partners is planning on converting a 127,000-square-foot office building in Montvale, NJ, into an assisted-living facility The Brick, NJ, company bought the building for $55 million, or $4331/sf Savills brokered the deal The...
The Real Deal Freshly, a meal-delivery company, has signed a lease for 92,306 square feet at 28 East 28th St, an 878,000-sf office building in Manhattan The company, an affiliate of Nestle USA, will occupy the 15-story building’s 12th and 13th...
Crain’s New York Business A venture of L&L Holding Co, Fortress Investment Group and the Nederlander Organization is considering adding a casino to its TSA Broadway mixed-use project in Manhattan The project has yet to be formally...
Commercial Real Estate Direct Staff Report TerraCap Management has paid $52 million, or $151,163/unit, for the 344-unit Bridgewater Apartments in Orlando, Fla The Naples, Fla, investment manager bought the property from InvestRes, a Tampa, Fla,...
Distressed rates for CMBS loans against Manhattan retail properties have climbed noticeably since the start of the coronavirus pandemic, contributing to a wave of retailers filing for...
Walker & Dunlop has originated $1455 million of financing under US Department of Housing and Urban Development programs for three apartment properties with a total of 761 owned by, or under development by, Eight Bay Advisors It wrote a $414...
Commercial Real Estate Direct Staff Report Gantry has arranged $208 million of financing that was used by a Spokane, Wash, tenant-in-common group to fund its $335 million, or $144,400/unit, purchase of the Northern Heights apartments in Airway...
The Real Deal A venture of SHVO, Bilgili Group, Deutsche Finance and BVK is looking to block Ralph Lauren’s plans to sublease 28,300 square feet of ground-floor retail space at 711 Fifth Ave in Manhattan The clothing retailer had closed its...
