Affinius Capital LLC has provided $1304 million of financing to fund the construction of a 380-unit apartment property at 1000 West Jackson Blvd in Chicago’s West Loop area The property is being developed by a venture of Mavrek Development of...
Santander Bank has provided $715 million of financing, while Washington Capital Management has made a $418 million equity investment in Commonwealth Development Partners’ 500 North Michigan Ave redevelopment project in Chicago The Greenwich,...
BridgeInvest has provided $1143 million of mortgage financing against the 161,824-square-foot Rivani mixed-use property at 1691 Michigan Ave near Miami Beach’s Lincoln Road pedestrian promenade The loan, arranged by Berkadia, allowed the...
Commercial Observer Corebridge Financial has provided $293 million of fixed-rate financing against the 158,957-square-foot mixed-use property at 40 10th Ave in Manhattan’s Meatpacking District A venture of New York companies Aurora Capital...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
Commercial Property Executive Bank of America has provided $725 million of financing against Alameda Business Centre, a 507,000-square-foot industrial property in Los Angeles The financing was arranged on behalf of the property’s owner,...
Commercial Real Estate Direct Staff Report The Southridge Mall in Greendale, Wis, is on the cusp of being sold, subject to the assumption of the property’s long-delinquent $10087 million CMBs loan A total of 553,801 square feet of the 116...
The life-sciences sector’s construction pipeline totaled 56 million square feet in the second quarter, down sharply from more than 25 million sf at its peak in the second quarter of 2023, according to Cushman & Wakefield About 45 million...
A venture of Grand Peaks and Silverton Holdings has broken ground on the Summit, a 164-unit apartment property in Avon, Colo Grand Peaks, of Denver, and Silverton, of Braselton, Ga, are building the property at 130 West Beaver Creek Blvd, about nine...
Commercial Observer PGIM has provided $57 million of financing for the conversion of the 51,853-square-foot office building at 152 West 36th St in Manhattan into a roughly 1,500-unit self-storage facility A venture of Mequity Cos and Flatiron...
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