The universe of commercial real estate loans increased in the first quarter by 096% from the fourth quarter to $509 trillion, according to Trepp Inc analysis of Federal Reserve...
Dwight Capital has provided $39 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 174-unit Timberview Apartments in Oregon City, Ore The loan—those under the 223(f) program fully...
Washington Business Journal An affiliate of DSF Group has paid $2163 million, or $337,696/unit, for Shenandoah Crossing, a 640-unit apartment complex in Fairfax, Va The Boston investor purchased the garden-style property from AIR Communities of...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc has sold the 254-room Hilton Garden Inn Austin Downtown hotel for $2685 million, or $105,709/room The Dallas REIT sold the 41-year-old property, at 500 North Interstate 35, to...
Mesa West Capital has provided $825 million of mortgage financing against the 352-unit Olin Fields apartment property in the Seattle suburb of Everett, Wash The loan, with a term of up to five years, allowed the property’s owner, a venture...
Austin Business Journal A venture of Sagard Real Estate and La Caisse has acquired an industrial outdoor storage facility in Austin, Texas, for an undisclosed price Sagard, of Denver, and La Caisse, a Quebec pension fund, purchased the property from...
San Antonio Business Journal An affiliate of DRA Advisors has lined up $168 million of financing for the 320,000-square-foot La Plaza del Norte shopping center in San Antonio Bank of America provided the loan DRA, of New York, recently purchased the...
Houston Business Journal Bridge Logistics Properties has purchased Twinwood Distribution Center III, a 767,520-square-foot industrial property in the Houston suburb of Brookshire, Texas The New York investor purchased the property from Clay...
Dallas Business Journal Apollo Global Management has provided $803 million of financing to facilitate Tourmaline Capital Partners’ purchase of the 376,259-square-foot Tollway Plaza office complex in Dallas Tourmaline, of New York, purchased...
Atlanta Business Chronicle Genesis Capital has provided $307 million of construction financing for the REV3 at Stars Way build-to-rent townhome project in Emerson, Ga Trilogy Investment Co of Alpharetta, Ga, is starting work later this month on the...
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.
