Commercial Real Estate Direct Staff Report Simon Property Group has negotiated a nearly one-year term extension of what was the $100 million mortgage against the Avenues shopping mall in Jacksonville, Fla The loan, securitized through COMM,...
Multi-Housing News Greystone has provided a $115 million Freddie Mac loan against Courtlands on the Park, a 918-unit apartment property in Des Plaines, Ill, a northern suburb of Chicago The five-year loan requires only interest payments for its...
Orion Properties Inc, which late last year expressed "substantial doubt" about its ability to continue as a going concern because of a pair of looming debt maturities, has addressed those issues, including extending the maturity of a $355 million...
Commercial Real Estate Direct Staff Report Dever Properties LLC, which has owned the 346,216-square-foot office building at 215 Park Ave South in Manhattan’s Midtown South submarket for more than 40 years, has refinanced the property’s...
Landmark Cos has paid $3508 million, or $318,909/unit, for the Grove at Piscataway, the 110-unit apartment property in the central New Jersey township of Piscataway The Woodbridge Township, NJ, developer bought the property, at 67 Old New Brunswick...
AZ Big Media Speed Bay Warehouse Solutions has paid $245 million, or $26091/sf, for the 93,903-square-foot Farmer Industrial Center in Tempe, Ariz The Denver company acquired the property from ViaWest Group and Walton Street Capital, which were...
Commercial Real Estate Direct Staff Report An affiliate of Irgang Group has paid $85 million, or $31025/sf, for the 273,973-square-foot Gilbert Gateway Towne Center retail property in the Phoenix suburb of Mesa, Ariz The New York investment firm...
Canadian Imperial Bank of Commerce has provided $381 million of financing for the construction of a 149-unit apartment property at 310 West Huron St in Chicago’s River North neighborhood JLL Capital Markets arranged the three-year loan on...
Dwight Capital has provided $60 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 184-unit Lotus Alchemy apartment property in downtown Salt Lake City Loans...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc has provided $83 million of mortgage financing against the 331,744-square-foot office property at 50 West 23rd St in the Midtown South section of Manhattan The loan, which is...
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