The Real Deal Dermody Properties has acquired Metro Corporate Center, a 395,300-square-foot office property in Milpitas, Calif The Reno, Nev, investor purchased the property from Amazoncom Inc, which had acquired it in 2021 for $123 million KBC...
REBusiness Online SkyREM is planning to redevelop the former Schuylkill Arsenal property in South Philadelphia into the Quartermaster Science + Technology Park The New York developer plans to convert the historic property, which sits on 24 acres at...
The Real Deal Harrison Street Real Estate Capital has paid $508 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif The Chicago investment and management firm purchased the property from an...
Dallas Morning News Urby has started work on the other building in its two-building apartment complex in Dallas’ Design District submarket The Harrison, NJ, developer is constructing the 364-unit building on Hi-Line Drive near Stemmons Parkway...
Crain’s Chicago Business John Buck Co has paid $53 million for a parking lot site at 655 West Madison St in Chicago, where it plans to develop a two-building office property totaling 15 million square feet A venture of MR Properties and Park...
Dallas Morning News Construction has started on the second phase of the Basswood 35 industrial park in North Fort Worth, Texas EastGroup Properties, a Jackson, Miss, industrial REIT, is developing the three-building complex on 615 acres at...
Commercial Real Estate Direct Staff Report Thorofare Capital last year funded 26 loans totaling $684 million, nearly half of which were against multifamily properties The Los Angeles alternative lender, like just about every other lender extant, saw...
REBusiness Online Arden Group has begun construction on a 20-story mixed-use project at 4650 Broadway in Manhattan’s Inwood section Plans call for 222 apartment units, 120,000 square feet of commercial space, 80,000 sf of which will be set...
Commercial Property Executive Jacuzzi Group has agreed to lease 143,520 square feet of industrial space at Kentwood 303, a 271,400-sf property in Glendale, Ariz The manufacturer and distributor of spa products is leasing the space from MDH Partners,...
The US Department of Housing and Urban Development funded $2832 billion of multifamily loans during its 2022 fiscal year, which ran through last September That's down sharply from the $3812 billion it had funded during the previous fiscal year, its...
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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