South Florida Business Journal Gatsby Florida has lined up $1186 million of construction financing for The Palm mixed-use project in Palm Beach Gardens, Fla Cirrus Real Estate Partners provided the three-year, floating-rate loan, which was arranged...
Commercial Real Estate Direct Staff Report New York Life Insurance Co has provided $63 million of mortgage financing against the 310-room Delta Hotels by Marriott New York Times Square hotel in Manhattan The property is a former Staybridge Suites...
Multi-Housing News Canyon Partners Real Estate and JPMorgan have provided $747 million of financing for the construction of a 180-unit apartment property at 375 East Alessandro Blvd in Riverside, Calif, about 60 miles east of Los Angles The property...
Dwight Mortgage Trust has provided $70 million of financing against the recently renovated Cosmo 440 apartment property, with 216 units in Newark, NJ The loan was arranged by Drew Capital of Jackson, NJ It allowed a group led by Yisroel Berger, who...
The Real Deal LA Care, a Los Angeles healthcare provider that occupies all the office space at the mixed-use building at 1200 West 7th Ave in downtown Los Angeles, has purchased a $200 million distressed loan against the 725,000-square-foot property...
South Florida Business Journal Pinnacle Bank, doing business as Synovus Bank, has provided a $5085 million construction loan for a 147-bed skilled-nursing facility in North Miami Beach, Fla Citadel Care Centers, a Brooklyn, NY, affiliate of TL...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
Commercial Observer A venture of Banyan Street Capital and Independencia Asset Management has lined up $535 million of financing for Doral Center, a 290,000-square-foot office property in Doral, Fla Wells Fargo Bank provided the loan, which was...
Commercial Observer Capodagli Property Co has lined up an $826 million bridge loan against Meridia Roselle Park 10, a 325-unit apartment property in Roselle Park, NJ, near Newark Liberty International Airport PGIM Real Estate of Newark, NJ, provided...
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