Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
South Florida Business Journal An affiliate of RK Centers has sold the 31,835-square-foot shopping center at 2178 NE 123rd St in North Miami for $1576 million, or $49505/sf The Sunny Isles Beach, Fla, company sold the retail property to a company...
Commercial Real Estate Direct Staff Report Morgan Stanley Bank and Bank of America are providing $4075 million of mortgage financing against the leasehold interest in the 910,473 square feet of office space atop the Grand Central Post Office...
South Florida Business Journal Ocean Bank has provided a $70 million construction loan for the 142,153-square-foot mixed-use project at 20955 Biscayne Blvd in Aventura, Fla Centtral Aventura LLC, which is led by Jacobo Cababie Dichi of Aventura,...
Triad Business Journal Beach Co has lined up $89 million of financing for the construction of Persimmon at Cates Creek, a 346-unit apartment and townhome community in Hillsborough, NC First Horizon Bank provided a $54 million construction loan,...
Triad Business Journal Somerset Properties has paid $4675 million, or $13914/sf, for the South Elm Industrial Center, a 336,000-square-foot industrial complex in Greensboro, NC The Fort Washington, Pa, company purchased the 13-building property from...
Commercial Real Estate Direct Staff Report Freddie Mac’s multifamily business generated $306 billion of volume during last year’s final quarter, taking its full-year volume to $776 billion, a 176% increase from the $66 billion of volume...
Triangle Business Journal Landmark Cos has bought Hudson 5401, a 454-unit apartment complex in Raleigh, NC, for $106 million, or $233,480/unit The Woodbridge, NJ, company purchased the property from Hudson Capital Properties of New York, which...
Newcastle Partners has lined up $651 million of construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot warehouse and distribution center in Perris, Calif Bank OZK provided the loan, which was arranged by JLL Capital Markets...
OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va OakNorth, an online bank based in the United Kingdom, moved...
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