Commercial Real Estate Direct Staff Report Citigroup has provided $489 million of financing to help fund American Landmark Apartments’ acquisition of what’s now the 338-unit 8 Metro Station apartments in Charlotte, NC As reported, the...
Commercial Real Estate Direct Staff Report The venture between Blackstone Group and TruAmerica Multifamily that earlier this year bought a portfolio of 66 apartment properties with 5,800 units in San Diego has lined up $890 million of financing...
Commercial Observer Friedman Capital has paid $37 million, or $649,123/room, for the 57-room Graham Hotel in Washington, DC The Washington real estate investor bought the property from Legacy Hotel Group of Fort Smith, Ark, which had acquired it in...
CIM Group has provided $675 million of financing to help fund the purchase and renovation of the 189-room Villa Florence hotel in San Francisco As reported, a venture of AWH Partners and the Roxborough Group bought the property for $875 million, or...
South Florida Business Journal An affiliate of the Related Group has lined up $913 million of construction financing for its Solemar condominium project in Pompano Beach, Fla CIBC Bank USA provided the loan Ground on the 150-unit project broke in...
A venture of Ramsfield Hospitality Finance and funds managed by CarVal Investors has provided $1352 million of mortgage financing against a portfolio of 11 Hilton-branded hotels owned by Cooper Hotels, refinancing a $10194 million CMBS loan that had...
The Real Deal HUBBNYC has paid $105 million, or $744,681/unit, for the 141-unit apartment property at 56 West 125th St in Manhattan’s Harlem neighborhood The New York company bought the 17-story building from the Jay Group of Brooklyn, NY,...
The Real Deal KKR has provided $381 million of construction financing for the 986,000-square-foot last-mile distribution center at 950 East 149th St in the Bronx, NY JLL arranged the loan A venture of Turnbridge Equities and Dune Real Estate is...
The Real Deal Beechwood Organization has agreed to pay $13 million for the former Whiporwil School at 495 Hoffman Lane in Hauppauge, NY The New York developer plans to demolish the Long Island, NY, school and replace it with a 128-unit...
South Florida Business Journal An affiliate of RK Centers has paid $1568 million, or about $217/sf, for the Park View Square shopping center in Miramar, Fla Phillips Edison & Co sold the 72,256-square-foot property, on 93 acres at 17051 Miramar...
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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