Sonnenblick-Eichner Co has arranged $39 million of mortgage financing, from Rockbridge Capital, against the 197-room Moxy Portland Downtown hotel in Portland, Ore The five-year loan allowed the property’s developer and owner, a venture of...
South Florida Business Journal An affiliate of Starwood Capital Group has purchased Marketplace at the Outlets, a 303,705-square-foot shopping center in West Palm Beach, Fla, for $130 million, or about $42805/sf The Miami Beach, Fla, company bought...
Empire Hotel, with 423 rooms and 61,223 square feet of retail space in Manhattan’s Columbus Circle area, has been appraised at a value of $137 million That’s nearly one-third the value pegged to it in 2013, when a $180 million loan was...
Rentvcom Factor, a subsidiary of HelloFresh, has agreed to fully lease a 300,100-square-foot industrial building at Yuma 143, a two-building industrial property that’s under construction in Goodyear, Ariz The meal kit delivery service will...
REJournalscom R&R Realty Group will break ground soon on R&R Commerce Park South, a six-building industrial property that will total 13 million square feet in Omaha, Neb The Des Moines, Iowa, company is building the property at the southeast...
Dallas Business Journal Niagara Bottling has plans to build a 12 million-square-foot manufacturing facility in Lancaster, Texas, about 18 miles southeast of Dallas The family-owned and operated beverage manufacturer, which is based in Ontario,...
Dallas Morning News Modlo Inc is starting construction soon on the two-building Cedar Hill Logistics Center in Cedar Hill, Texas, about 18 miles southwest of Dallas The Santa Monica, Calif, company, whose name is short for Modern Logistics, is...
Commercial Real Estate Direct Staff Report Fannie Mae last year funded nearly $70 billion of financing against multifamily properties While that’s nearly 9 percent less than the record volume it posted in 2020, it bumps up against the lending...
A venture of Lang Partners and Realty Capital Residential has lined up $545 million of financing for the construction of Tree Farm Lofts, a 196-unit apartment property in Basalt, Colo JLL Capital Markets secured the four-year loan, which has a...
Franklin BSP Realty Trust Inc has provided $84 million of financing to fund Emmut Properties’ $799 million purchase and planned redevelopment of the Excelsior Hotel on Manhattan’s Upper West Side The financing, arranged by...
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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