Signature Bank has lent $125 million to help fund the purchase, by a venture of Aurora Capital Associates and Edmond M Safra, of the 59,839 square feet of retail space at 530 Fifth Ave in midtown Manhattan The venture bought the space, in the...
REJournalscom Mid-America Management Corp has acquired the Rickenbacker Exchange Building, a 102 million-square-foot industrial property in Commercial Point, Ohio The purchase price was not disclosed The Beechwood, Ohio, investment firm purchased...
Brookfield has provided $1074 million of financing for the construction of Building 100, a 332,640-square-foot industrial property that Lincoln Equities Group and PCCP LLC are building at the Bayonne Logistics Center in Bayonne, NJ The loan was...
Multi-Housing News Related Midwest has broken ground on 900 Randolph, a 300-unit apartment property in Chicago’s Fulton Market neighborhood The local developer is building the 43-story property at the corner of West Randolph and North Peoria...
Pacific Investment Management Co, or Pimco, has provided $62 million of financing to facilitate HH Fund’s purchase of Nine East 33rd St, a 157-unit student-housing property at the main entrance to the Johns Hopkins University campus in...
Products Engineering Corp, a tool manufacturer, has agreed to lease 72,275 square feet at Sunset Distribution Center, a 101,280-sf industrial property in Brea, Calif The property, at 566 Vanguard Way, is owned by Link Logistics Real Estate CBRE...
REJournalscom Emrik SV, a 202-unit apartment property in Shoreview, Minn, has been completed by a venture of Greco and Eagle Ridge Partners, both of Minneapolis The four-story property, at 4043 Chatsworth St N, got underway in 2019 It has one-, two-...
Cincinnati Business Courier Hillwood Development Co is planning the Harrison Commerce Center, a 535,000-square-foot industrial property in Harrison, Ohio The Dallas developer will build the property on a speculative basis at the corner of Simonson...
Commercial Observer Scale Lending has provided $685 million of construction financing for the 165-unit apartment project at 210 Clarkson Ave in Brooklyn, NY, that’s being developed by K2 Real Estate Partners The loan was arranged by Meridian...
Ladder Capital Finance has provided $59 million of mortgage debt against the Film Factory, a recently completed mixed-use building with 141,000 square feet in the Maspeth section of Queens, NY The short-term loan was arranged by JLL Capital Markets...
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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