Pacific Housing has recapitalized four affordable apartment properties and two seniors-housing properties with a total of 1,032 units in the Sacramento, Calif, area in a deal valuing them at $1816 million The recapitalization involved bringing in...
Dallas Morning News Principal Real Estate Investors has joined CLX Ventures to develop Denton ICC-35, a 12 million-square-foot business park in Denton, Texas Ground broke on the industrial property last month, with completion of its first building...
Austin Business Journal NorthPoint Development is breaking ground soon on a 22 million-square-foot industrial property in suburban San Antonio The Kansas City, Mo, company is building the property, dubbed Foster Commerce Center, on Foster Road...
Crain’s Chicago Business John Buck Co is offering for sale 33 North LaSalle St, a 403,000-square-foot office building in Chicago The local developer has hired JLL to market the 38-story property It is encumbered by a $584 million mortgage that...
The Real Deal Safra National Bank has provided a $100 million loan against a pair of office buildings at 42 Greene and 90 Grand streets in Manhattan’s SoHo area Newmark arranged the financing, which allowed the buildings’ owner, Zar...
Orlando Business Journal Local developer Cameron Kuhn has filed plans to build a 36-story mixed-use building in downtown Orlando, Fla The 830,581-square-foot property is being planned for a 114-acre parking lot site at 110 West Jefferson St It would...
PCCP LLC has provided $434 million of financing for the construction of a 58,950-square-foot industrial property in the Hunts Point area of the Bronx, NY The property, at 1100 Leggett Ave, two blocks from the Bruckner Expressway, already has been...
Square Mile Capital Management has provided $563 million of financing against the 306-room Sofitel Philadelphia, facilitating the property’s $80 million, or $261,438/room, purchase by a venture of Clearview Hotel Capital and Oaktree Capital...
Commercial Observer Chetrit Group and Stellar Management have secured a $365 million loan from Citigroup, BMO Capital Partners and Starwood Property Trust against the 850-unit Park West Village apartment property on the Upper West Side of Manhattan...
Commercial Property Executive VanTrust Real Estate has broken ground on Gateway 1000, a 1 million-square-foot industrial property in Jeffersonville, Ind The Kansas City, Mo, developer is building the property at the intersection of Paul Garrett...
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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