BlackRock Inc’s HPS Investment Partners unit has provided $101 million of financing against the 308-unit RISE at Glen Kernan Park active-adult apartment property in Jacksonville, Fla The floating-rate loan, with a three-year term that can be...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
The venture that bought the 351-room Hyatt Regency Jersey City hotel four years ago is in talks with its CMBS lenders over a potential modification of the property's $100 million...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Observer Proskauer Rose has expanded its footprint at 11 Times Square in Manhattan by about 60,000 square feet, bringing its total occupancy at the office property to roughly 478,000 sf The law firm is adding floors 31 and 32 at the...
Boston Business Journal Global Partners has leased 125,000 square feet of office space at 275 Grove St in Newton, Mass, for its new headquarters The fuel supplier and retail operator will occupy three floors at the property, relocating from 72,000...
Property investor Stockdale Capital Partners has launched a credit platform and plans to lend as much as $300 million in the coming year The Los Angeles investment manager, best known for its opportunistic and value-add investments, has hired Alec...
Dwight Investment Management has provided $130 million of bridge financing against the 389-unit Saiya apartment property in downtown Phoenix The 23-story building, at 802 North 1st Ave, is in the city’s Roosevelt Row area, also known as the Ro...
Commercial Real Estate Direct Staff Report Regions Bank has provided $9955 million of financing to help fund Fairbourne Properties’ $122 million, or $17429/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago...
Commercial Real Estate Direct Staff Report ORIX Real Estate Capital has provided $55 million of mortgage financing against the 200-unit Swell apartments in Seattle The loan, arranged by Newmark, allowed the property’s owner, a venture of Mack...
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.
