ACRE, formerly known as Asia Capital Real Estate, has provided $435 million of financing to fund Peak Capital Partners’ $625 million, or $416,667/unit, purchase of the 150-unit Connect at First Creek in Denver The loan, arranged by KeyBank...
Commercial Real Estate Direct Staff Report A group of lenders led by JPMorgan Chase Bank has provided $415 million of financing against 3 Times Square, an 850,000-square-foot office property in midtown Manhattan The group includes Bank of America...
Tampa Bay Business Journal Lurin has paid more than $132 million, or about $191,582/unit, for the Cove on the Bay apartment property in Tampa, Fla The Dallas investment firm bought the 689-unit property from Gamma Real Estate, which had purchased it...
Multi-Housing News Lloyd Jones has purchased the 113-unit Hamilton Heights seniors-housing property in West Hartford, Conn Peregrine Senior Living sold the property, on a 10-acre site at 1 Hamilton Heights Drive, for an undisclosed price Lloyd, of...
Multi-Housing News A venture of MRP Realty and Barings has lined up $694 million of financing for the third phase of the Washington Gateway mixed-use complex in Washington, DC Santander Bank provided the loan, which was arranged by Eastdil Secured...
Dallas Morning News Construction Specialties Platform Holdings has agreed to lease 153,150 square feet of industrial space at 2340 Interstate 35 West Service Road in Denton, Texas ML Realty Partners is the...
The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave in midtown Manhattan, hasn’t completed its purchase and lost its $35 million deposit Innovo was to have...
Crain’s Chicago Business Swedish retailer H&M is vacating the 60,000 square feet of space it occupies at the 87,000-sf retail property at 840 North Michigan Ave along Chicago’s Magnificent Mile shopping district The retailer was in talks...
PCCP LLC has provided $508 million of mortgage financing for the construction of Henley Place, a 178-unit apartment building in the Portland, Ore, suburb of Milwaukie, Ore The six-story building is being developed by Pahlisch Commercial of Bend,...
Parkview Financial has provided $225 million of financing against the 140,000-square-foot office building at 2225 3rd Ave North in Birmingham, Ala The loan is designed to allow the property’s owner, EPT Holdings LLC, an investor group...
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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