Mortgage lender 3650 REIT, which originates both long- and short-term mortgages, has raised $580 million of what could be $950 million of additional capital to continue writing loans The Miami company, which retains the risk pieces of CMBS deals...
Commercial Real Estate Direct Staff Report Investcorp has paid $728 million, or $173,333/unit, for the 420-unit Retreat at St Johns apartment property in Jacksonville, Fla The New York investment manager bought the property from RangeWater Real...
Commercial Real Estate Direct Staff Report TerraCap Management has paid $52 million, or $151,163/unit, for the 344-unit Bridgewater Apartments in Orlando, Fla The Naples, Fla, investment manager bought the property from InvestRes, a Tampa, Fla,...
Distressed rates for CMBS loans against Manhattan retail properties have climbed noticeably since the start of the coronavirus pandemic, contributing to a wave of retailers filing for...
Walker & Dunlop has originated $1455 million of financing under US Department of Housing and Urban Development programs for three apartment properties with a total of 761 owned by, or under development by, Eight Bay Advisors It wrote a $414...
Commercial Real Estate Direct Staff Report Gantry has arranged $208 million of financing that was used by a Spokane, Wash, tenant-in-common group to fund its $335 million, or $144,400/unit, purchase of the Northern Heights apartments in Airway...
South Florida Business Journal Praedium Group has bought Gatehouse on the Green, a 312-unit apartment complex in Plantation, Fla, for $735 million, or about $235,577/unit The New York investor acquired the property, which sits on a 211-acre site at...
South Florida Business Journal An affiliate of The Related Cos has paid $28185 million, or about $44234/sf, for the Phillips Pointe office complex in downtown West Palm Beach, Fla AEW Capital Management sold the 637,180-square-foot property, with...
Commercial Real Estate Direct Staff Report Brookfield Properties has negotiated a three-year extension of the $1577 million loan against its Fox River Mall in Appleton, Wis A $1367 million piece of the loan is securitized through WF-RBS Commercial...
Southwood Realty has paid $25 million, or $120,192/unit, for the 208-unit Village at Mills Gap apartment property in Boiling Springs, SC, about 30 miles northeast of Greenville, SC The Gastonia, NC, real estate investment firm bought the complex...
