Hartford Business Journal Jones Street Investment Partners has paid $717 million, or $286,800/unit, for the 250-unit Tannery apartment property in Glastonbury, Conn, about six miles southeast of Hartford, Conn The Boston investment manager bought...
Crain’s New York Business The Feil Organization has filed plans for a 421-unit apartment property at 356 Fulton St in Brooklyn, NY The 43-story building will have 73 parking spots and about 100,000 square feet of commercial space Feil has begun...
Commercial Observer Scale Lending has provided $685 million of construction financing for the 165-unit apartment project at 210 Clarkson Ave in Brooklyn, NY, that’s being developed by K2 Real Estate Partners The loan was arranged by Meridian...
Ladder Capital Finance has provided $59 million of mortgage debt against the Film Factory, a recently completed mixed-use building with 141,000 square feet in the Maspeth section of Queens, NY The short-term loan was arranged by JLL Capital Markets...
Commercial Observer A group of lenders led by Bank Leumi has provided $95 million of financing for the construction of the 164-unit American Lions apartment project in Queens, NY Leumi Partners and Israeli Discount Bank were also part of the lending...
Commercial Observer Bank Hapoalim has provided $25 million of construction financing against the 27-unit residential condominium project at 219 Jay St in Brooklyn, NY Meridian Capital Group arranged the loan Tankhouse, a Brooklyn developer, is...
The Real Deal Camber Property Group has paid $105 million, or $343,137/unit, for a portfolio of three affordable-housing properties with a combined 306 units in New York City The New York company bought the portfolio from Omni New York, which had...
Union Labor Life Insurance Co has provided $204 million of construction financing for a 330-unit apartment property that a venture of Taconic Partners and National Real Estate Advisors has proposed for Manhattan’s Hell’s Kitchen...
South Florida Business Journal Wells Fargo Bank has provided $4078 million of construction financing for the development of a four-building industrial project totaling 380,000 square feet in Lake Park, Fla, about seven miles south of West Palm...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has provided $41943 million of financing for Lone Star Fund’s acquisition of five hotels with 2,323 rooms for $540 million The bank is securitizing the loan, which has a two-year...
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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