Washington Business Journal The NHP Foundation has paid $537 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md, about 25 miles northwest of downtown Washington, DC The New York nonprofit...
Charlotte Business Journal Miramar Capital has paid $558 million, or $315,254/unit, for a pair of build‑to‑rent townhome communities with a total of 177 units in Charlotte, NC The Los Angeles investment firm purchased the properties from Hopper...
PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
Commercial Real Estate Direct Staff Report The Macerich Co venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property’s $13174 million mortgage when it matured last month The loan, securitized...
Washington Business Journal An affiliate of Office Properties Income Trust is offering for sale Union Center Plaza 5, a 253,164‑square‑foot office building near Union Station in Washington, DC The Newton, Mass, REIT has tapped JLL to market the...
Washington Business Journal Amazon Data Services Inc has paid $65 million, or $59091/sf, for a 110,000‑square‑foot data center in Manassas, Va The tech giant acquired the property, which sits on 766 acres at 7505 Mason King Court, from an...
The Real Deal KDC has lined up $400 million of construction financing for AT&T’s planned corporate headquarters campus in the Dallas suburb of Plano, Texas JPMorgan Chase provided the financing, terms of which were not known The 54‑acre...
Sonnenblick-Eichner Co has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...
The US Department of Housing and Urban Development's multifamily and healthcare lending programs were on fire during the first half of the agency's fiscal year, with a total of $1095 billion of loans being originated That puts the year on track to...
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