A venture led by Crestlight Capital has purchased the two-building SouthPark Towers office complex in Charlotte, NC, funding it with a $1678 million mortgage provided by Mesa West Capital Crestlight, which is based in Detroit, was founded five years...
Commercial Observer RFR Holding has closed on its purchase of 475 Fifth Ave, a 282,000-square-foot office building in Manhattan’s Bryant Park area for which it paid $290 million, or $1,028/sf The New York company had funded the acquisition...
Dallas Morning News Sares Regis Group has bought Alta Design District, a 309-unit apartment property in Dallas for an undisclosed price The Newport Beach, Calif, company acquired the four-story property, at 1531 Inspiration Drive, from its...
Ocean Bank has provided $67 million of financing for the construction of a proposed 290-unit apartment building at 17990 West Dixie Highway in Aventura, Fla The property is being developed by AMAC Holdings of Uniondale, NY, and ROVR Development of...
Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass The Great Neck, NY, investor paid $2917 million for the retail property, which was sold by the two CMBS trusts that had held $9452 million of debt against...
Commercial Observer Rabsky Group has secured $92 million of financing from G4 Capital Partners to refinance existing debt and fund pre-development costs involved at 313-315 Bond St, a proposed 526,118-square-foot mixed-use property in the Gowanus...
Dallas Morning News Work is slated to begin this summer on a 213-unit multifamily project in Dallas Hanover Co, a Houston apartment developer, early this year acquired the project’s near two-acre development site on Northwest Highway near...
The $12394 million of CMBS financing against the Westfield Citrus Park Mall in Tampa, Fla, has been modified as part of a transaction facilitating the property's sale The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust,...
South Florida Business Journal Ocean Bank has provided $5523 million of construction financing for Bay Pointe, a 269-unit apartment project in Miami The loan has a two-year term Garco, a Miami multifamily builder, recently broke ground on the...
Barings has provided $645 million of financing against the 252-room AC Hotel Fort Worth Downtown, which was completed in September 2020 The 16-story property, at 101 West 5th St in downtown Fort Worth, Texas, was developed by Jackson-Shaw Co of...
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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