The Real Deal A venture of Skylight Real Estate Partners and PCCP LLC has paid $50 million, or $500,000/unit, for the 100-unit apartment property at 340 Old River Road in Edgewater, NJ, across the Hudson River from Manhattan Waterton, a Chicago real...
Hartford Business Journal Jones Street Investment Partners has paid $717 million, or $286,800/unit, for the 250-unit Tannery apartment property in Glastonbury, Conn, about six miles southeast of Hartford, Conn The Boston investment manager bought...
Crain’s New York Business The Feil Organization has filed plans for a 421-unit apartment property at 356 Fulton St in Brooklyn, NY The 43-story building will have 73 parking spots and about 100,000 square feet of commercial space Feil has begun...
Commercial Observer Scale Lending has provided $685 million of construction financing for the 165-unit apartment project at 210 Clarkson Ave in Brooklyn, NY, that’s being developed by K2 Real Estate Partners The loan was arranged by Meridian...
Kohan Retail Investment Group, the most prolific buyer of malls backing distressed CMBS loans, has paid $55 million for the Montgomery Mall in suburban Philadelphia The property, previously owned by Simon Property Group, had been encumbered by a...
Commercial Observer A group of lenders led by Bank Leumi has provided $95 million of financing for the construction of the 164-unit American Lions apartment project in Queens, NY Leumi Partners and Israeli Discount Bank were also part of the lending...
Commercial Observer Bank Hapoalim has provided $25 million of construction financing against the 27-unit residential condominium project at 219 Jay St in Brooklyn, NY Meridian Capital Group arranged the loan Tankhouse, a Brooklyn developer, is...
The Real Deal Camber Property Group has paid $105 million, or $343,137/unit, for a portfolio of three affordable-housing properties with a combined 306 units in New York City The New York company bought the portfolio from Omni New York, which had...
Commercial Observer Fortis Property Group has secured $284 million of financing against the 76-unit Olympia Dumbo luxury condominium project in Brooklyn, NY G4 Capital Partners provided the loan, which allowed Fortis to retire $163 million of debt...
Crain’s New York Business Tishman Speyer Properties has paid about $90 million for 10 of the 11 development sites that will make up the 2,050-unit Edgemere Commons affordable-housing complex in Queens, NY The New York company bought the sites...
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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