A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 11 million-square-foot office building in Dallas Cushman & Wakefield has been tapped to market the 45-story property, at...
Houston Business Journal High Street Logistics Properties has acquired Northwest Spur Industrial Park, a more than 1 million-square-foot industrial complex in Houston The Chicago investor purchased the six-building property from an affiliate of...
Commercial Observer Delshah Capital has paid $1278 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, NY, in separate deals The New York real estate developer paid $458 million for 227 Grand St, which has...
Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta’s Sandy Springs area The Irvine, Calif, multifamily property owner purchased the...
South Florida Business Journal Natixis has provided 1925 million of construction financing for a 544-unit apartment project at 1775 Biscayne Blvd in Miami LCOR of New York is building the 42-story property on a 108-acre development site in...
PCCP has provided $613 million of financing against Parc Riverside East, a 287-unit apartment property in Washington, DC The loan allows the owner of the property, Kennedy Wilson of Beverly Hills, Calif, to retire existing debt that was reaching its...
Tampa Bay Business Journal Affinius Capital has provided $135 million of construction financing for the 373-unit apartment project at 275 Fifth St South in St Petersburg, Fla A venture of Chicago developers Focus and Bradford Allen is developing the...
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