The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
Commercial Property Executive A joint venture of Stirling Development and Prologis will break ground next month on an 819,964-square-foot industrial property at 13364 Aerospace Drive in Victorville, Calif, about 85 miles east of Los Angeles The...
The Real Deal Signature Acquisitions, Empire State Management and Nachman Leibowitz have lined up $105 million of financing against 167 unsold residential condominium units at the 300-unit Cascade complex in Brooklyn, NY G4 Capital Partners provided...
Boston Business Journal A venture of Trinity Financial Inc and the Harvard Club of Boston plans on building a 133-unit apartment complex at 415 Newbury St in Boston Plans call for a 95-unit building with athletic facilities for the Harvard Club and...
Dwight Capital has provided $1856 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against the 262-unit Brady Station Apartments in Odessa, Texas The loan allowed the 38-year-old...
AZ Big Media A venture of Banyan Residential and Milhaus has broken ground on Banyan North Tempe, a 651-unit apartment property in Tempe, Ariz The $177 million project is being funded in part with $52 million of construction financing from UMB Bank...
Dallas Business Journal Robinson Weeks Partners wants to break ground next month on a 500,000-square-foot warehouse property in Lancaster, Texas, about 16 miles south of Dallas The Atlanta developer is building the industrial project on a 267-acre...
San Antonio Business Journal The 195-room Canopy by Hilton San Antonio Riverwalk hotel is set to open on Thursday Work on the 23-story property, at 123 North St Mary’s St, began in 2017 Amenities include a 24-hour fitness center, 2,300 square...
Crain’s New York Business Insite Property Group is building a 102,500-square-foot self-storage facility at 59-02 Borden Ave in Queens, NY The Redondo Beach, Calif, developer bought the development site in the borough’s Maspeth...
New York Post A venture of Tribeca Investment Group, PGIM Real Estate and Meadow Partners is investing $350 million to renovate the 700,000-square-foot Textile Building in Manhattan Among the many changes to the mostly vacant building, at 295 Fifth...
