Fannie Mae funded $142 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year The housing-finance agency funded $171 billion of loans in the first quarter, so its lending activity for the first...
A group of lenders led by Wells Fargo Bank has provided $12 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave in Midtown Manhattan The 46-story building, which will have direct access to...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
SL Green Realty Corp is starting an effort to refinance the $177 billion of mortgage financing against 245 Park Ave, the 178 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group The existing loan,...
Balbec Capital LP has provided $4275 million of mortgage financing against the 301-unit Bend on Bluebonnet apartment property in Baton Rouge, La JLL Capital Markets arranged the three-year loan on behalf of the property’s owner, a venture of...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
OceanFirst Financial Corp has sold a $13 billion portfolio of multifamily loans, most backed by properties subject to New York City’s onerous rent regulations The banking company, parent of OceanFirst Bank, assumed the loans through its...
Dallas Business Journal Lone Star Funds has purchased the 457,901-square-foot Premier Place office property in Dallas for an undisclosed price The London investment firm purchased the 20-story building from Glenstar Properties of Chicago, which paid...
The Wideman Co has bought the TotalEnergies Tower, an 850,000-square-foot office property in downtown Houston The sale was first reported by the Houston Chronicle The Orlando, Fla, investor purchased the 35-story building from Brookfield Properties,...
Mesa West Capital has provided $81 million of mortgage financing against the 330-unit Atlas Peakview apartment property in the Denver suburb of Centennial, Colo The financing was arranged by Walker & Dunlop on behalf of the property’s...
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