Commercial Real Estate Direct Staff Report Last year, 402,175 apartment units were delivered across the country, according to Cushman & Wakefield At the same time, 355,628 units were absorbed, marking the fourth year in a row in which deliveries...
South Florida Business Journal Bank OZK has provided $3238 million of construction financing for the Four Seasons Private Residences Coconut Grove condominium project in Miami A venture of CMC Group and Fort Partners broke ground on the 70-unit...
Multi-Housing News Sumitomo Mitsui Trust Bank has originated $808 million of financing for the construction of Jules San Pedro, a 281-unit apartment property in Los Angeles The property is being developed by a venture of High Street Residential of...
Crain’s Chicago Business An affiliate of AmTrust RE has handed over the 900,000-square-foot office property at 33 West Monroe St in Chicago to its lender through a deed-in-lieu of foreclosure The lender, Kohan Retail Investment Group, bought...
Crain’s Chicago Business Ante has paid $21 million, or $375,000/unit, for the 56-unit Harmony Apartments in Chicago The company is the family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional basketball team...
Minneapolis/St Paul Business Journal Greystar Worldwide has paid $53 million, or $200,757/unit, for the 264-unit Arbor Glen apartments in Maple Grove, Minn, a northwestern suburb of Minneapolis The Charleston, SC, real estate giant acquired the...
Bisnow Blackstone is considering selling Willis Tower, a 379 million-square-foot office property in Chicago The New York investment manager has reportedly had conversions with a group of investors that are willing to assume the property’s $133...
Bisnow Pacific Life has provided a $60 million loan for the development of a 231-unit apartment property at 1020 North Irving St in the Clarendon section of Arlington, Va The property is being developed by Orr Partners of Reston, Va, on the site of...
South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
Dallas Morning News Crow Holdings has proposed building a 245-megawatt data-center property in the Stemmons Corridor submarket of Dallas The local developer plans to build the campus on a 40-acre vacant lot it has owned for decades The development...
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