CarVal Investors, which last year originated $11 billion of loans, is hoping to fund a similar amount this year, despite the headwinds it and other alternative lenders are facing But the lender, like others, is facing some substantial challenges,...
Commercial Real Estate Direct Staff Report A venture of Asland Capital Partners and Pembroke Residential Holdings has lined up $100 million of financing, from a mix of low-income housing tax credits and state-issued housing bonds, for the...
DB Capital Management has paid $2455 million, or $164,765/unit, for Gardens on Paris, a 149-unit apartment property in Aurora, Colo The Playa Vista, Calif, investment manager, which has about $500 million of assets under management, bought the...
Austin Business Journal JCI Residential LLC is building a 100-unit apartment project at 6416 North Lamar Blvd in Austin, Texas It’s not known when construction will start The project is being built behind a former Threadgill’s...
Austin Business Journal Work is expected to start soon on the second phase of the Whisper 35 industrial property in San Marcos, Texas The latest phase calls for three buildings totaling 314,938 sf Completion is expected by the third quarter of 2023...
Dallas Morning News An affiliate of TTI Capital has lined up $7529 million of financing for its purchase of The Travis, a 345-unit apartment property in suburban Dallas Marcus & Millichap’s Institutional Property Advisors unit arranged the...
PGIM Real Estate has provided $40 million of financing against the 113-unit LL Hawkins Apartments and the neighboring Slabtown Marketplace in Portland, Ore The five-year loan with a fixed coupon was arranged by CBRE The property, at 1515 NW 21st...
South Florida Business Journal Bachow Ventures is buying a 06-acre development site in downtown Fort Lauderdale, Fla, for a planned 47-story apartment building The local developer is buying the site, at 11 North Andrews Ave, from Jeansusan Inc of...
Charlotte Business Journal Fortius Capital Partners is converting a former minor league baseball stadium in Kannapolis, NC, into an industrial property The Concord, NC, developer is starting work next month on the 700,000-square-foot property, which...
Orlando Business Journal A 178-unit apartment project with a 2,000-square-foot retail component has been proposed for Apopka, Fla, about 20 miles northwest of Orlando, Fla The project is being planned for a pair of development sites separated by...
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.
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