Bisnow Pacific Life has provided a $60 million loan for the development of a 231-unit apartment property at 1020 North Irving St in the Clarendon section of Arlington, Va The property is being developed by Orr Partners of Reston, Va, on the site of...
Commercial Observer Keystone Equities has provided an $84 million loan against the 152-unit Nova Astoria apartment property at 11-14 35th Ave in the Astoria section of Queens, NY The New York investment manager writes loans of at least $30 million...
South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
Dallas Morning News Crow Holdings has proposed building a 245-megawatt data-center property in the Stemmons Corridor submarket of Dallas The local developer plans to build the campus on a 40-acre vacant lot it has owned for decades The development...
Puget Sound Business Journal A group led by Bellwether Housing will break ground soon on Prisma, a 328-unit apartment property in Redmond, Wash The Seattle developer will build the six-story property at 2888 Da Vinci Ave NE, about 12 miles east of...
Commercial Observer Bain Capital has provided a $213 million loan against the 513,000-square-foot office building at 1375 Broadway in Manhattan’s Garment District The property is owned by American Exchange Group, which took it over after its...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
New York Business Journal Evergreen Peak has paid $437 million, or $2,731/sf, for the 16,000-square-foot mixed-use property at 90 Wooster St in the SoHo section of Manhattan The New York developer acquired the property, with office and retail...
South Florida Business Journal Avery Cypress LLC has lent $45 million for the construction of Avery Cypress Creek, a 200-unit apartment complex in Fort Lauderdale, Fla The Great Neck, NY, lender provided the financing to Meyers Group of Hallandale...
South Florida Business Journal A venture of Kolter Group and BH Group has paid $26 million, or $412,698/room, for the 63-room Normandy Plaza Hotel in Miami Beach, Fla Kolter, of Delray Beach, Fla, and BH, of Aventura, Fla, bought the property from...
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