The venture that’s redeveloping the Terminal Warehouse mixed-use building in Manhattan into 12 million square feet of office space has lined up $125 billion of construction financing for the project The venture is led by L&L Holding Co and...
Washington Business Journal Amazon Web Services is building a 120,000-square-foot data center in Springfield, Va The affiliate of Amazoncom Inc will demolish the two office buildings on the site, at 7951 and 7961 Loisdale Road, about 15 miles...
Philadelphia Business Journal Landmark Properties plans on constructing the 280-unit Standard at Philadelphia student-housing property in Philadelphia’s University City neighborhood The Athens, Ga, company recently bought the office building...
Dallas Morning News Barvin has lined up $579 million of acquisition financing for its purchase of the NOVEL Bishop Arts residential property in Dallas A fund managed by Barings Real Estate of Hartford, Conn, was the lender Barvin, a Houston...
Dallas Morning News OHT Partners has started work on the 403-unit Lenox Lake Highlands apartment project in Dallas The property is being built as part of the Lake Highlands Town Center, which sits on 70 acres at Walnut Hill Lane and Skillman Street...
Multi Housing News Holland Partners is welcoming its first tenants to Volta on Pine, a 271-unit apartment property in Long Beach, Calif The eight-story complex is at 635 Pine Ave, about 24 miles south of Los Angeles and within walking distance of...
Commercial Real Estate Direct Staff Report Fannie Mae and Freddie Mac funded a total of $596 billion of multifamily loans during the first half, down 67 percent from the $639 billion they funded during the same period last year Freddie funded $272...
Real Estate NJ Prism Capital Partners has filed plans to build a dual-branded hotel with 266 rooms in Clifton, NJ, about 15 miles west of Manhattan The seven-story building has been proposed for a development site near the intersection of Metro...
Peak Capital Partners has paid $59 million, or $219,330/sf, for the 269-unit Cielo Apartments in Fridley, Minn The Provo, Utah, investment firm purchased the property from Trident Development of Saint Cloud, Minn, which was represented in the deal...
Crain’s Chicago Business Logistics Property Co has proposed building a 601,000-square-foot warehouse at the corner of North Elston and West Division streets in Chicago The two-story project’s 12-acre development site is near 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.
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