REBusiness Online Bluhm Family Foundation has broken ground on Marisol, a 214-unit seniors-housing property in Huntington Beach, Calif The Chicago company is building the property at 2120 Main St, about 35 miles south of Los Angeles The project has...
Multi-Housing News Affinius Capital has provided $120 million of financing against the 302-unit Elowen apartment property in San Diego JLL arranged the debt on behalf of the local developer and owner, AAA Management The property was developed with...
South Florida Business Journal An affiliate of Constellation Group and Boschetti Group has lined up $675 million of construction financing for Cora Merrick Park, a 74-unit condominium project in Coral Gables, Fla BHI of New York provided the loan,...
The securitized world has $11 trillion of mortgages against multifamily properties An overwhelming majority were originated by government-sponsored enterprises, with a relatively tiny portion by CMBS lenders The latter have higher delinquency rates,...
Northwestern Mutual has provided $123 million of financing against the Anson, a 268-unit apartment property in Burlingame, Calif, a southern suburb of San Francisco The five-year loan was arranged by Marcus & Millichap’s Institutional...
Commercial Property Executive Genworth Financial has provided a $495 million loan against Infor Commons, a 436,478-square-foot office property in St Paul, Minn The financing allows the owner, Frauenshuh of Minneapolis, to retire a $495 million...
Atlanta Business Chronicle Arden Logistics Parks has lined up $838 million in acquisition financing for an 11-building industrial portfolio totaling more than 658,000 square feet in Gwinnett County, Ga Argentic provided the floating-rate loan, which...
Seven Hills Realty Trust has originated a $227 million loan against Sugar Land Medical Plaza, a 120,596-square-foot medical office property in Sugar Land, Texas The loan has a three-year term but comes with a pair of one-year extension options...
Northmarq has provided $6083 million of Fannie Mae financing against the 216-unit Spruce apartment property in Seattle The five-year loan pays a fixed-rate coupon and amortizes on a 35-year schedule It allows the owner of the property, Madison...
The Commercial Real Estate Finance Council’s annual conference got underway at Manhattan’s Marriott Marquis hotel this morning, with some 1,200 people in attendance One of the initial takeaways: don’t count on capitalization-rate...
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