Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
SL Green Realty Corp is starting an effort to refinance the $177 billion of mortgage financing against 245 Park Ave, the 178 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group The existing loan,...
Balbec Capital LP has provided $4275 million of mortgage financing against the 301-unit Bend on Bluebonnet apartment property in Baton Rouge, La JLL Capital Markets arranged the three-year loan on behalf of the property’s owner, a venture of...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
OceanFirst Financial Corp has sold a $13 billion portfolio of multifamily loans, most backed by properties subject to New York City’s onerous rent regulations The banking company, parent of OceanFirst Bank, assumed the loans through its...
Charlotte Business Journal Asana Partners has paid $60 million, or $91917/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, NC The local company bought the open-air shopping center from a venture of Hill Partners,...
South Florida Business Journal Kamson Corp has paid $905 million, or $189,331/unit, for Ponte Verde at Palm Beach Lakes, a 478-unit residential condominium community in West Palm Beach, Fla The Englewood Cliffs, NJ, apartment owner purchased the...
South Florida Business Journal InSite Property Group has paid $3272 million, or $26520/sf, for a 123,379-square-foot self-storage facility at 650 NW 30th St in Miami’s Allapattah neighborhood The Redondo Beach, Calif, company purchased the...
Tampa Bay Business Journal EQT Real Estate has purchased the 605,412-square-foot CenterState Logistics Center industrial property in Lakeland, Fla, for $615 million, or $10158/sf Griffin Capital Essential Asset REIT Inc sold the warehouse, which it...
Mesa West Capital has provided $81 million of mortgage financing against the 330-unit Atlas Peakview apartment property in the Denver suburb of Centennial, Colo The financing was arranged by Walker & Dunlop on behalf of the property’s...
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