Regent Properties, a Los Angeles investment manager with $23 billion of properties in the Sunbelt region, has launched a credit platform, through which it will provide senior and mezzanine loans and make preferred equity investments in apartment,...
CBRE has arranged $30 million of mortgage financing against Dixon Commerce Center, a 447,042-square-foot industrial property in the Sacramento, Calif, suburb of Dixon, Calif The five-year loan, provided by a regional bank, requires only interest...
Dallas Morning News The $1442 million loan against the 253,561-square-foot Uptown Tower in downtown Dallas is in default after not being repaid before its Oct 1 maturity The loan, securitized through Morgan Stanley Bank of America Merrill Lynch...
Philadelphia Business Journal The $3736 million loan against the 463,988-square-foot office building at One South Broad St in Philadelphia has been extended through September 2025 The loan, securitized through JPMorgan Chase Commercial Mortgage...
Bridge Investment Group has provided $33 million of financing against the 21-unit apartment property at 640 Broadway in the NoHo neighborhood of Manhattan JLL Capital Markets arranged the financing The property, owned by Acadia Realty Trust of White...
REBusiness Online PGIM Real Estate has provided $66 million of financing against two industrial properties with a combined 760,669 square feet in suburban Chicago The financing pays a fixed rate and allows the owner and developer of the properties,...
REBusiness Online Douglaston Development has completed construction of a 188-unit seniors-housing property at 2856 Webster Ave in the Bronx, NY The property, which will be part of a larger complex, is subject to a ground lease with the New York...
The Crowne Plaza JFK Airport hotel, with 335 rooms in the Jamaica section of Queens, NY, has been sold for $84 million, or $250,746/room The property's sale will result in the defeasance or likely pay off of a $377 million CMBS mortgage that doesn't...
REBusiness Online Construction of Overlook Flats, a 297-unit apartment property in the Journal Square section of Jersey City, NJ, has been completed and leasing has gotten underway The property, at 32 Oakland Ave, was developed by Milton Fantin It...
New York Post Wells Fargo has agreed to pay $550 million, or $1,375/sf, for the 400,000-square-foot retail property at 20 Hudson Yards in Manhattan’s Hudson Yards area The property once was fully leased by department store Neiman Marcus and is...
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