MF1 Capital has provided $51 million of financing against the recently completed 204-unit Mossdale Landing Apartments in Lathrop, Calif, in the state’s Central Valley region JLL Capital Markets arranged the financing, which has a three-year...
For the first time in a decade, institutional investors didn't increase their target allocations to real estate this year, leaving them flat at a weighted average 108 percent of total assets The expectation is that allocations would remain flat...
San Antonio Business Journal A foreclosure auction has been scheduled for Dec 5 for the Solara, a 285-unit apartment property in San Antonio GVA LLC of Austin, Texas, had defaulted on the property’s $563 million loan, which was provided by...
The Real Deal A venture of Walton Street Capital and Greenlaw Partners is delinquent on the $627 million loan against the 350,000-square-foot office property at 1 City Blvd West in Orange, Calif The loan is 30 days past due and is part of the...
The Real Deal The US Immigration Fund, which had raised capital for the development of the second phase of the Pacific Park residential complex in Brooklyn, NY, has filed to foreclose against $349 million of loans against it The Jupiter, Fla,...
Affinius Capital and Clarion Partners have provided $1575 million of financing against the 580-unit apartment property in Salt Lake City The loan, arranged by Walker & Dunlop’s New York capital markets unit, allowed the recently completed...
Barclays Capital, Bank of America and Bank of Montreal have provided $294 million of mortgage financing against the Woodfield Mall shopping center in the Chicago suburb of Schaumburg, Ill The loan was used to take out a $3744 million loan that was...
Sabet Management has paid $195 million, or $361,111/unit, for three neighboring apartment buildings with 54 units in Manhattan’s Alphabet City area The properties, at 504-508 East 12th St, between avenues A and B, were purchased form Kushner...
One Real Estate Investment has acquired the 300-unit Canvas at Savannah apartment complex in Savannah, Ga, and funded its investment with a $277 million Freddie Mac loan that was arranged by CBRE The Miami investment manager purchased the...
Commercial Real Estate Direct Staff Report Glencrest Group has paid $1694 million, or $171,111/unit, for Fern Ridge, a 99-unit apartment property in Olympia, Wash, about 64 miles south of Seattle The San Francisco company purchased the property from...
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.
