Commercial Real Estate Direct Staff Report Citigroup has provided $489 million of financing to help fund American Landmark Apartments’ acquisition of what’s now the 338-unit 8 Metro Station apartments in Charlotte, NC As reported, the...
Commercial Real Estate Direct Staff Report The venture between Blackstone Group and TruAmerica Multifamily that earlier this year bought a portfolio of 66 apartment properties with 5,800 units in San Diego has lined up $890 million of financing...
Bisnow Steuart Investment Co has filed plans to build a 451-unit apartment property in Washington, DC The building, at the intersection of Half and R streets SW, would also have 16,000 square feet of retail space and 300 underground parking spaces...
CIM Group has provided $675 million of financing to help fund the purchase and renovation of the 189-room Villa Florence hotel in San Francisco As reported, a venture of AWH Partners and the Roxborough Group bought the property for $875 million, or...
South Florida Business Journal An affiliate of the Related Group has lined up $913 million of construction financing for its Solemar condominium project in Pompano Beach, Fla CIBC Bank USA provided the loan Ground on the 150-unit project broke in...
A venture of Ramsfield Hospitality Finance and funds managed by CarVal Investors has provided $1352 million of mortgage financing against a portfolio of 11 Hilton-branded hotels owned by Cooper Hotels, refinancing a $10194 million CMBS loan that had...
The Real Deal KKR has provided $381 million of construction financing for the 986,000-square-foot last-mile distribution center at 950 East 149th St in the Bronx, NY JLL arranged the loan A venture of Turnbridge Equities and Dune Real Estate is...
The Real Deal Beechwood Organization has agreed to pay $13 million for the former Whiporwil School at 495 Hoffman Lane in Hauppauge, NY The New York developer plans to demolish the Long Island, NY, school and replace it with a 128-unit...
South Florida Business Journal An affiliate of RK Centers has paid $1568 million, or about $217/sf, for the Park View Square shopping center in Miramar, Fla Phillips Edison & Co sold the 72,256-square-foot property, on 93 acres at 17051 Miramar...
South Florida Business Journal Principal Life Insurance Co has provided a $44 million construction loan for the development of the Shalimar Apartments in Plantation, Fla TM Real Estate Group of Miami is developing the 240-unit property on a 25-acre...
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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