South Florida Business Journal Western-Southern Life Assurance Co has provided a $72 million construction loan for the development of the Palm Beach Riverstone Apartments in West Palm Beach, Fla American Group of Los Angeles recently broke ground on...
Orlando Business Journal Centennial Bank has provided $40 million of construction financing for the development of Celebration Pointe, a 127,277-square-foot mixed-use property in suburban Orlando, Fla Unicorp National Developments Inc is building...
Commercial Real Estate Direct Staff Report Macquarie Capital has provided $1667 million of financing against the 90 residential condominium units at the Jolie in lower Manhattan The 42-story building, at 77 Greenwich St, also has 7,500 square feet...
Boston Business Journal Blackstone Group has paid $1535 million, or $12792/sf, for a pair of industrial buildings with a combined 12 million square feet in the Boston suburb of Northborough, Mass The New York investment manager bought the properties...
Crain’s New York Business The 399-room Omni Berkshire Place hotel in Manhattan is reopening on Nov 1 TRT Holdings, the property’s opener, had closed the hotel last year and considered converting it into office space But the Irving,...
REBusiness Online AAA Management has secured $476 million of financing for the construction of Geo Queen Anne, a 168-unit apartment property in Seattle CBRE arranged the loan The six-story property is being built at 2222 15th Ave West, about three...
Taurus Investment Holdings has paid $536 million, or $258,937/unit, for the 207-unit Chestnut Place apartment property in the Boston suburb of Ashland, Mass The Boston investment manager bought the 50-year-old property, at 5-18 Joanne Drive, from...
White Oak Global Advisors, a San Francisco investment manager that primarily provides credit to small- and middle-market businesses, has launched a commercial real estate lending platform White Oak Real Estate Capital will fund construction and...
San Antonio Business Journal Bellwether Enterprises has provided $367 million of construction financing for Bristol at Somerset, a 348-unit apartment complex that’s under development in San Antonio The Cleveland mortgage lender provided the...
Commercial Observer Venable has signed a lease for 157,800 square feet office space at 151 West 42nd St in Manhattan The law firm is relocating from 1270 and 1290 Avenue of the Americas, also in Manhattan The Durst Organization owns the 18...
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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