Puget Sound Business Journal A venture of Stoneway Capital and Ardent Capital Management has provided $107 million of financing against the 720,000-square-foot office and hotel property at 225 South King St in the Pioneer Square neighborhood of...
Corebridge Financial has provided $155 million of mortgage financing to help fund Meadow Partners’ $3122 million purchase of the 392,954-square-foot office building at 10 East 53rd St in Manhattan The loan was arranged by Newmark, which also...
South Florida Business Journal A venture of SG Holdings and New Urban Development has secured $63 million of construction financing for the 153-unit Serenity Gardens affordable seniors housing project in Miami Gardens, Fla The financing package...
Commercial Real Estate Direct Staff Report Morgan Stanley has provided $249 million of mortgage financing to fund Harbor Group International’s $415 million purchase of the 100,820-square-foot office building at 500 North Gulph Road in the...
Commercial Property Executive SouthState Bank has provided $434 million of financing against the 121,990-square-foot office and retail property at 200 and 250 Columbine St in Denver JLL Capital Markets arranged the five-year loan on behalf of the...
Mesa West Capital has provided $52 million of mortgage financing against the 162-unit Sumner Mill Apartments in Sumner, Wash, which is roughly 15 miles southeast of Tacoma, Wash BWE arranged the short-term loan Timberlane Partners of Seattle...
Washington Business Journal RPM Living has purchased the 260-unit Margarite apartment building in Washington, DC, for $110 million, or $423,077/unit The Austin, Texas, multifamily investor bought the property from its developer, Grosvenor of Chicago...
Commercial Real Estate Direct Staff Report Ladder Capital Corp has provided $415 million of mortgage financing against the 384,931-square-foot Meridian Mark office complex in the Indianapolis suburb of Carmel, Ind The loan, with a 679% coupon,...
American Landmark Apartments has acquired the 295-unit Tortuga Bayside apartment property in St Petersburg, Fla, for $613 million, or $207,797/unit The Tampa, Fla, investment manager bought the property, at 10475 Gandy Blvd North, from Arium Living,...
Commercial Real Estate Direct Staff Report The venture that owns the 441,922-square-foot office building at 261 Fifth Ave in Manhattan’s midtown South has negotiated a forbearance agreement with the special servicer that’s handling the...
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.
