Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
PCCP LLC has completed capital raising for its latest real estate equity and debt funds The Los Angeles investment manager raised $27 billion of equity commitments for its PCCP Equity X LP fund and $23 billion for its PCCP Credit XI fund The two,...
Galway Cos has broken ground on the 357-unit Greenline apartment property at 1709 West Broadway in the Madison, Wis, suburb of Monona, Wis The property will have studio, one-, and two-bedroom units, and will include a fitness center, sauna, cold...
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