The volume of commercial real estate loans coming due through 2027 increased slightly in the second quarter to $278 trillion from $275 trillion in the first quarter, according to Trepp Inc This year, $5369 billion of loans come due, and next year,...
South Florida Business Journal Bridge Industrial has lined up $60 million of construction financing for a 409,189-square-foot logistics warehouse in Opa-Locka, Fla The Chicago developer borrowed the loan from Equitable Financial Life Insurance Co It...
Commercial Observer Bank of Princeton has provided a $31 million loan against The Vertex, a 69-unit apartment property in the East Williamsburg section of Brooklyn, NY The property’s owner, CW Realty of Brooklyn, used proceeds to retire a $20...
A venture of Cantor Fitzgerald, Silverstein Properties, Collins Capital and Kaufman Jacobs has lined up $536 million of financing from Truist Bank for the construction of the 298-unit James at Springline apartment property in Chesterfield, Va The...
Metro Credit Union has provided $27 million of financing against One Heritage Drive, a 172,849-square-foot office building in Quincy, Mass The five-year loan, which pays a fixed coupon, was arranged by JLL Capital Markets The five-story building is...
Bank OZK has provided $965 million of financing for the construction of the first phase of the Base, a proposed industrial complex in Glendale, Ariz JLL Capital Markets arranged the financing on behalf of the property’s developer, ViaWest...
Commercial Real Estate Direct Staff Report Bell Bank has provided $2686 million of financing for the construction of the Lanai, a 444-unit apartment property in Buckeye, Ariz A venture of Holualoa Cos of Tucson, Ariz, and Countrywalk Community...
Commercial Observer Dwight Mortgage Capital has provided $236 million of financing against the 120-unit Prairie Home Apartments in Vancouver, Wash The financing was arranged by McBride Capital and allows the owner of the property, RRC Group, to...
The CIT division of First Citizens Bank has provided $44 million of financing to fund the construction of 2121 Wheatsheaf Lane, a proposed 287,218-square-foot industrial property at the foot of the Betsy Ross Bridge in Philadelphia’s...
The Real Deal Goldman Sachs Urban Investment Group has taken through foreclosure the Empire Outlets, a 340,000-square-foot retail property at 55 Richmond Terrace in Staten Island, NY The property had been owned by BFC Partners of Brooklyn, NY, 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.
