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...
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...
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 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 Staff Report A venture of Winthrop Strategic Real Estate Fund and funds managed by Fortress Investment Group has provided $250 million of financing against Dayton’s Project, a 12 million-square-foot redevelopment...
Houston Business Journal Stonelake Capital Partners recently finished work on 200 Park Place, a 210,000-square-foot office building in Houston The 15-story property, at 4200 Westheimer Road, already is fully leased to tenants that include...
Commercial Observer A venture of Maplewood Senior Living and Omega Healthcare Investors has paid $581 million, or $224,324/room, for the 259-room Fairfax at Embassy Row hotel in Washington, DC Westbrook Partners sold the property in a deal brokered...
A venture of PCCP LLC and Transwestern Development Co is planning to build a 173,400-square-foot industrial property at 950 Ice Cream Drive in North Aurora, Ill, about 40 miles west of Chicago The property will be built on a speculative basis and...
The Real Deal The 203-room Civilian hotel is set to open next month in Manhattan A venture of hotelier Jason Pomeranc, Joy Construction, Madd Equities and Atlas Hospitality is developing the property, which will have a restaurant, guest lounge,...
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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