Fannie Mae has launched a lending program designed to incentivize borrowers to set aside units at encumbered properties as affordable The Sponsor-Initiated Affordability, or SIA, program is designed to increase the country's stock of housing units...
South Florida Business Journal Cano Health has agreed to fully lease the 115,358-square-foot 1200 Building at 9675 NW 117th Ave in Miami An affiliate of Bridge Investment Group owns the property, which is part of the Flagler Station business park...
Dwight Capital has provided $35 million of financing against the 316-unit Golden Gate Townhomes in Stone Mountain, Ga, which is roughly 15 miles east of Atlanta The bridge loan allowed the property’s owner, an investor group known as Elul LLC,...
South Florida Business Journal Chetu has paid $25 million, or about $13245/sf, for a 188,746-square-foot office building at 1500 Concord Terrace in Sunrise, Fla The software company purchased the property, which will serve as its new headquarters,...
Charlotte Business Journal Southwood Realty has sold Stone Haven Pointe, a 264-unit apartment property in Rock Hill, SC, for $342 million, or about $129,545/unit The Gastonia, NC, company sold the complex, at 1304 Stoneypointe Drive, to Pedcor Cos...
The $500 million of financing that Nightingale Properties and its venture partner, Wafra Capital Partners, had raised for the 12 million-square-foot 111 Wall St office building in Manhattan included $89 million of financing under the Commercial...
Multi Housing News Draper & Kramer has broken ground on Moda at The Hill, a 225-unit apartment complex in St Louis The property is being built at 2100 Boardman St, as part of an 11-acre community that the Downers Grove, Ill, developer is...
Dallas Business Journal A venture of Hines, Mitsui Fudosan America and McNair Interests has broken ground on a mixed-use complex in Dallas’ Uptown neighborhood The project is being developed on a 337-acre site at 3001 Maple Ave Plans call for...
San Fernando Valley Business Journal USA Properties Fund has broken ground on Terracina at Lancaster, a 264-unit apartment property in Lancaster, Calif, about 70 miles north of Los Angeles The Roseville, Calif, company expects the complex to be...
Swiss investment manager Mirabaud Group, represented by Exan Capital, has paid $15025 million, or nearly $477/sf, for Warren Corporate Center 100 and 200, a pair of office buildings with 315,086 square feet in Warren, NJ The buildings were purchased...
