Sabal Capital Partners, which has been broadening its menu of loan offerings since Stone Point Capital had acquired a major stake in it three years ago, has made its first big splash in the CMBS conduit market The company has contributed 34 loans...
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,...
The Real Deal Amazoncom Inc is looking to develop a 64,000-square-foot last-mile distribution facility on Long Island, NY The online retail giant plans to submit a proposal to the Smithtown Board of Zoning Appeals this week The industrial property,...
Commercial Observer The 287-room Ace Hotel recently opened its doors in Brooklyn, NY A venture led by GFI Development constructed the property, at 252 Schermerhorn St, which sits between Bond and Nevins streets in the borough’s downtown area...
Real Estate NJ Claremont Development plans on building a 444-unit apartment property in Jersey City, NJ The 23-story building, at 619 Grove St, will have 5,600 square feet of ground-floor commercial space, 18,500 sf of indoor and outdoor amenity...
Commercial Observer Tritec Real Estate has secured $113 million of financing for the development of the 418-unit Bay Shore Residences apartment property in Bay Shore, NY Truist Financial Corp and Santander Bank provided the four-year, floating-rate...
Commercial Observer Atlas Capital Group has agreed to pay $506 million, or $555,434/unit, for Denizen Bushwick, a 911-unit apartment property in Brooklyn, NY The New York investor is buying the complex from All Year Holdings Ltd of New York An All...
Real Estate NJ Coltown Properties has sold a portfolio of 134 apartment units in Jersey City, NJ, for $215 million, or $160,448/unit West of Hudson Properties acquired the portfolio, which is comprised of buildings at 150 and 154 Belmont Ave,...
Boston Globe The 1,054-room Omni Boston Hotel at the Seaport opened last week A venture that includes Omni Hotels & Resorts, Davis Cos and Washington Capital Management developed the property at 450 Summer St It consists of two 22-story...
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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