Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
Commercial Real Estate Direct Staff Report Morgan Stanley Bank and Bank of America are providing $4075 million of mortgage financing against the leasehold interest in the 910,473 square feet of office space atop the Grand Central Post Office...
South Florida Business Journal Ocean Bank has provided a $70 million construction loan for the 142,153-square-foot mixed-use project at 20955 Biscayne Blvd in Aventura, Fla Centtral Aventura LLC, which is led by Jacobo Cababie Dichi of Aventura,...
Triad Business Journal Beach Co has lined up $89 million of financing for the construction of Persimmon at Cates Creek, a 346-unit apartment and townhome community in Hillsborough, NC First Horizon Bank provided a $54 million construction loan,...
Commercial Real Estate Direct Staff Report Freddie Mac’s multifamily business generated $306 billion of volume during last year’s final quarter, taking its full-year volume to $776 billion, a 176% increase from the $66 billion of volume...
OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va OakNorth, an online bank based in the United Kingdom, moved...
Commercial Observer Buccini Pollin Group has lined up $505 million of financing against the 203-unit Crosby Hills Apartments at 517 North Shipley St in Wilmington, Del MF1 Capital provided a $45 million senior loan, while Pearlmark provided $55...
CBRE has provided $1282 million of Fannie Mae financing against the 465-unit Ashlar Park apartment property in the Boston suburb of Quincy, Mass The financing, which was also arranged by CBRE, takes out a $1287 million construction loan that...
Affinius Capital has provided $115 million of financing to fund the completion and lease up of the 160-unit apartment property at 162 East 36th St in the Murray Hill section of Manhattan The property is being developed by a venture of Ranco Capital...
Dallas Business Journal BridgeInvest has provided $57 million of construction financing for the Freemont Frisco Apartments, a 313-unit complex in suburban Dallas The Miami lender originated the loan on behalf of the property’s developer, a...
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.
