The venture that owns the 281-room Hotel Cala along the Hillsborough River in Tampa, Fla, has lined up $9436 million of mortgage financing against the property, the former Sheraton Tampa Riverwalk The loan, arranged by Newmark, was provided by...
South Florida Business Journal CedarSt Cos has lined up $56 million of construction financing for a 215‑unit apartment project that it’s building at 745 North Andrews Ave in Fort Lauderdale, Fla Amzak Capital Partners of Minneapolis provided...
Chatham Financial has struck a deal to acquire Hodes Weill & Associates, broadening its service offerings to the investor community The acquisition is slated to be completed by the end of June, with Hodes Weill’s co-founders David Hodes...
Triangle Business Journal Capital Square has lined up $105 million of floating‑rate financing against the Maeve, a 297‑unit apartment building in downtown Raleigh, NC TPG Real Estate Finance provided the interest‑only bridge loan, which is...
Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co on behalf of the property’s owner,...
A Principal Financial investment vehicle has paid $156 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that's being converted into an addiction treatment facility The investment is the third for the vehicle,...
Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St, near the foot of the Williamsburg Bridge in Brooklyn, NY The four-story building was constructed in 1891 as the...
Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St in Manhattan’s Greenwich Village area The loan allows the property’s owner, Stonehenge NYC, to retire a $573 million...
Crain’s Chicago Business Bank OZK has provided $102 million of financing for the construction of a 724-unit apartment property at 410 North Elizabeth St in Chicago The property is being developed by Weldon Development Group of New York The...
Commercial Real Estate Direct Staff Report The $160 million mortgage against the 234 million-square-foot US Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced The loan is scattered among...
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.
