PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
Commercial Real Estate Direct Staff Report The Macerich Co venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property’s $13174 million mortgage when it matured last month The loan, securitized...
Commercial Real Estate Direct Staff Report The data-center sector’s rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk That appeared to be the consensus among panelists...
The Real Deal KDC has lined up $400 million of construction financing for AT&T’s planned corporate headquarters campus in the Dallas suburb of Plano, Texas JPMorgan Chase provided the financing, terms of which were not known The 54‑acre...
Jacksonville Business Journal An unidentified private investor has acquired Bolton Plaza, a 174,037‑square‑foot retail property in Orange Park, Fla Katz Property Retail of New York sold the shopping center for an undisclosed price It paid $18...
Atlanta Business Chronicle A venture of BGO and Greenlaw Partners has paid $7005 million, or $9666/sf, for River Park 6, a 724,687‑square‑foot warehouse in Jackson, Ga, about 43 miles south of Atlanta BGO, a New York investment firm, and...
Triangle Business Journal Stonelake Capital Partners has paid $905 million, or $14755/sf, for three recently completed industrial buildings totaling 613,353 square feet in Apex, NC The Austin, Texas, investor acquired buildings 2, 3, and 4, which...
Sonnenblick-Eichner Co has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...
The US Department of Housing and Urban Development's multifamily and healthcare lending programs were on fire during the first half of the agency's fiscal year, with a total of $1095 billion of loans being originated That puts the year on track to...
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