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Home > Developer of Miami Condos Staves Off Foreclosure, Lines Up $90Mln Loan
South Florida Business Journal An affiliate of Vornado Realty Trust has sold a 27,000-square-foot retail building at 1100 Lincoln Road in Miami Beach, Fla, for $936 million, or about $3,467/sf The New York REIT sold the property to BH Properties of...
Charlotte Business Journal Blaze Capital Partners has sold a pair of apartment properties in the Charlotte, NC, area for a total of $160 million The Charleston, SC, company sold the complexes to affiliates of Goldman Sachs The properties are The...
Orlando Business Journal Trammell Crow Co has proposed building a 710,073-square-foot warehouse property in Apopka, Fla, about 25 miles northwest of Orlando, Fla The Dallas developer has filed plans to build the three-building industrial project,...
Orlando Business Journal An affiliate of LCA Development is offering for sale the Vineyards at Hammock Ridge, a 280-unit apartment property in Clermont, Fla The Orlando, Fla, company has tapped JBM Institutional Multifamily Advisors to market the...
PCCP LLC has provided $582 million of mortgage financing against the Bluffs at Castle Rock, a 220-unit apartment property in Castle Rock, Colo The loan allows the property’s owner, Security Properties of Seattle, to facilitate a...
Multi-Housing News Rockrose Development has lined up a $210 million loan from Metropolitan Life Insurance Co against 47-05 Center Blvd, a 396-unit apartment property in Queens, NY Avison Young arranged the 15-year loan, which allowed Rockrose to...
Commercial Real Estate Direct Staff Report Fringe Capital Partners has paid $267 million, or $310,465/unit, for the Willow, an 86-unit apartment property in Phoenix The local investment firm purchased the property from Hanson Capital Group of...
Minnesota Life Insurance Co has provided a $25 million mortgage against the 95,688-square-foot grocery-anchored retail center at 900 Madison St in Hoboken, NJ The 10-year loan was originated by Securian Asset Management of St Paul, Minn, on...
Seldin Co has secured $284 million of financing against Westport on the Lake, a 260-unit apartment property in Omaha, Neb Northmarq arranged the financing on behalf of the local management company The loan was provided by an unnamed life insurance...
Commercial Real Estate Direct Staff Report Swift Real Estate Partners has lined up $325 million of mortgage financing from Bank of the West against 425 Pontius, a 75,267-square-foot office property in Seattle that it had acquired in April for $395...
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