Dwight Capital has provided $292 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 126-unit Division Street Station apartment property in Portland, Ore The property, at 2595 SE 50th Ave, was...
United Overseas Bank has provided $514 million of financing for the construction of the first phase of the Assembly Innovation Park life-sciences property in the Boston suburb of Somerville, Mass The 12-story project, which will have 485,000 square...
Commercial Observer Signature Bank has provided $210 million of financing to facilitate the purchase, by a venture of Harbor Group International and Azure Partners, of the 617-unit Avalon Green apartment property in Elmsford, NY The loan, with a...
Amoroso Cos has paid $313 million, or $313,000/unit, for Woodbrook, a 100-unit apartment property in Everett, Wash The Los Angeles developer purchased the property from an affiliate of Univest Inc in a deal brokered by Marcus & Millichap’s...
JLL Income Property Trust has paid $244 million, or $503/sf, for Silverado Square, a 48,492-square-foot retail center in Las Vegas The non-traded REIT bought the three-year-old property, at 1110-1190 East Silverado Blvd, from its developer, AG...
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...
Dallas Morning News Wolverine Interests has bought Riverside Commons, a four-building office property in the Dallas suburb of Irving, Texas The Dallas developer acquired the property, with more than 467,000 square feet, from Brookfield Properties of...
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...
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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