South Florida Business Journal CIM Real Estate Credit has filed a foreclosure suit against the owner of the Goodtime Hotel in Miami Beach, Fla The 266-room property, at 601 Washington Ave, serves as collateral for a $164 million mortgage that the...
Commercial Real Estate Direct Staff Report Washington Federal Bank has provided $88 million of financing for the construction of the 360-unit Leeway apartment property in the northern Seattle suburb of Shoreline, Wash JLL Capital Markets arranged...
Crain’s Chicago Business Wintrust Bank has provided $83 million of financing for the development of the 388-unit apartment property at 1010 South Wells St in Chicago’s South Loop neighborhood CMK Cos is developing the complex within the...
Axonic Capital has provided $50 million of senior mortgage financing against the 245,000-square-foot Merchants Exchange Building in the heart of San Francisco’s financial district The loan has a three-year term but comes with two one-year...
Commercial Observer Citibank has provided $285 million of mortgage financing against the 50,159 square feet of retail space at the base of the apartment property at 484-526 Myrtle Ave in the Clinton Hill section of Brooklyn, NY The loan requires...
Bisnow Turio Residential Co has paid $16 million, or $238,805/unit, for the 67-unit Vicino apartment building at 1324 North Capitol St NW in the NoMa section of Washington, DC The Philadelphia investor, led by Gianni Parente, former managing...
Affinius Capital has provided a $300 million loan against the 495-unit apartment property at 102 Fleet St in downtown Brooklyn, NY The property is owned by the Jay Group of Brooklyn, which will use proceeds of the financing to fund construction...
Commercial Real Estate Direct Staff Report AndMark Management Co has paid $2825 million, or $103,860/unit, for the 272-unit Brookwood apartment property in Tucson, Ariz The Los Angeles investment manager, which invests in apartment properties...
Atlanta Business Chronicle A venture of Songy Highroads & Hyatt Hotels Corp has lined up $336 million of fresh financing against the 175-room Hyatt Place Atlanta/Centennial Park hotel in Atlanta Ramsfield Hospitality Finance provided the loan,...
Axonic Capital, confident that the commercial real estate sector is at an inflection point, is aiming to triple its lending activity this year and possibly double its investment activity in distressed...
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