TDA Investment Group has provided $338 million of financing for the construction of the 428,185-square-foot industrial property at 10400 Amargosa Road in Hesperia, Calif The loan from the San Mateo, Calif, investment manager, which was founded in...
The Real Deal Gencom has paid $320 million, or $126 million/room, for the 253-room Ritz-Carlton Hotel at 50 Central Park South in Manhattan The Miami investor acquired the property from a venture of Westbrook Partners and Korea Investment Corp and...
South Florida Business Journal Related Ross has lined up $157 million of construction financing for the Shorecrest luxury condominium project in West Palm Beach, Fla GoldenTree Asset Management provided the loan Related Ross, a West Palm Beach, Fla,...
Associated Bank and Wintrust Financial have provided $55 million of financing for the construction of the 238-unit Union Villa Park apartment property in Villa Park, Ill, a western suburb of Chicago The property, at 110 South Villa Ave, is being...
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...
Commercial Observer OceanFirst Bank has provided $505 million of financing for the development of the 180-unit Sylvan Woods Yorktown age-restricted apartment property in Yorktown, NY The property is being developed at 800 East Main St by AMS...
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...
Commercial Observer The New York City Department of Environmental Protection has leased 155,000 square feet at the Bridge, an 828,558-sf office property in the Long Island City section of Queens, NY The agency is relocating from 59-17 Junction Blvd...
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