The Real Deal Abraham Trust, led by Jacob Garlick, placed the winning bid of $190 million, or $745/sf, for the iconic Flatiron Building at 175 Fifth Ave in Manhattan The 121-year-old property was auctioned through Mannion Auctions in order to settle...
REJournalscom KeyBank has provided $50 million of Freddie Mac financing against the Lumen, a 318-unit apartment property in Cleveland The financing pays a fixed-rate and includes five years of interest-only payments The Freddie financing allows the...
Orlando Business Journal Plans are moving forward on the Westmoreland Square apartment project in Orlando, Fla Aron Herczl, a Brooklyn, NY, developer, is building the 115-unit project at the southwest corner of West Colonial and North Westmoreland...
South Florida Business Journal An affiliate of Madison Realty Capital has provided $501 million of construction financing for the Olara residential property in West Palm Beach, Fla Savanna of New York is developing the waterfront property on 182...
Dallas Morning News Ground is expected to break later this spring on the Carillon Parc mixed-use development in Southlake, Texas The project will be built on 42 acres northeast of the intersection of State Highway 114 East and North White Chapel...
Dallas Business Journal Matrix Equities is going before the Fort Worth, Texas, Zoning Commission today with a plan to develop 300 rental units in the southwest part of the city The project is being proposed for a nearly 33-acre site at 7350 Granbury...
Commercial Real Estate Direct Staff Report State Farm Life Insurance Co has provided $1606 million of financing to facilitate a Fidelity Investments affiliate’s purchase of Chandler Crossroads I and II, a 216,322-square-foot industrial...
MSD Partners and FS Credit Real Estate Income Trust Inc have provided $130 million of financing against the 713-room Yotel New York at Times Square hotel The loan allowed the property's owner, a venture that includes IFA Hotels & Resorts Kuwait Real...
New York Post The Good Cause Eviction Bill winding through the New York state legislature would cap annual rent increases at New York City apartments at the greater of 3 percent or 15 percent of the increase in the Consumer Price Index The bill...
Charlotte Business Journal The Charlotte, NC, City Council last night unanimously approved Related Group’s plan to redevelop the Trianon Condominiums in the city’s South Park area into a mixed-use project The Miami developer’s...
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