Commercial Real Estate Direct Staff Report Waterton has paid $155 million, or $450,581/unit, for Arrivé, a 344-unit apartment property in Seattle’s Belltown neighborhood The Chicago investor acquired the 43-story property, at 2116 4th Ave,...
Austin Business Journal A joint venture of Trademark Property Co and Cohen & Steers has bought Oak Hill Plaza, a nearly 116,000-square-foot shopping center in Austin, Texas Trademark Property, of Fort Worth, Texas, and Cohen & Steers, of New...
South Florida Business Journal Pinnacle Bank, doing business as Synovus Bank, has provided a $5085 million construction loan for a 147-bed skilled-nursing facility in North Miami Beach, Fla Citadel Care Centers, a Brooklyn, NY, affiliate of TL...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
Minneapolis/St Paul Business Journal Enverra Real Estate Partners has paid $839 million, or $16350/sf, for four buildings totaling 513,000 square feet at the West End Office Park in St Louis Park, Minn The Dallas investment firm acquired the...
South Florida Business Journal Fairfield Residential has paid $208 million, or $256,158/unit, for the 812-unit Portofino Place apartment complex in West Palm Beach, Fla The San Diego apartment owner purchased the property from affiliates of Cortland...
Commercial Observer A venture of Banyan Street Capital and Independencia Asset Management has lined up $535 million of financing for Doral Center, a 290,000-square-foot office property in Doral, Fla Wells Fargo Bank provided the loan, which was...
Commercial Observer Capodagli Property Co has lined up an $826 million bridge loan against Meridia Roselle Park 10, a 325-unit apartment property in Roselle Park, NJ, near Newark Liberty International Airport PGIM Real Estate of Newark, NJ, provided...
Lenders originated $563 billion of loans under various US Department of Housing and Urban Development multifamily and healthcare programs during the agency's third fiscal quarter...
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