Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies’ commercial mortgage holdings, as the LifeComps Total Return index posted a 098% total return during the...
Walton Street Capital has provided $44 million of short-term financing against the 248-unit Harlow apartment property in the Tampa, Fla, suburb of Wesley Chapel, Fla The three-year loan was arranged by Berkadia and allowed the property’s...
South Florida Business Journal Rockpoint Group has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale Beach, Curio Collection by Hilton hotel in Fort Lauderdale, Fla The Boston real estate investment firm acquired the...
Affinius Capital has provided $310 million of financing for the construction of the 1,049-unit Park Tower apartment building in Jersey City, NJ The proposed 47-story building is being developed by Namdar Realty Group of Great Neck, NY, on an...
First International Bank & Trust has provided $63 million of senior financing, while WhiteStar Advisors has provided $1325 million for the construction of the 291-unit Thompson Oaks apartment property in West St Paul, Minn The financing was...
Commercial Real Estate Direct Staff Report The appraised value of Jericho Plaza on Long Island, NY, has been lowered again, this time to just more than half the balance of the $14918 million CMBS loan against the 665,592-square-foot office property...
Commercial Observer A venture of CSB Holdings and Tide Realty Capital has lined up $50 million of financing for 2000 Market St, a 668,335-square-foot office building in downtown, or Center City, Philadelphia Citadel Credit Union provided the loan,...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank, Bank of America, and Deutsche Bank have provided $340 million of floating-rate financing against the 25 million-square-foot Franklin office property in Chicago’s West Loop...
CrossHarbor Capital Partners has provided $80 million of financing for the construction of the 197-unit Samuel apartment property in San Diego The property is being constructed at 2821 Adams Ave in the city’s North Park neighborhood It will...
Affiliates of KKR & Co have provided $72 million of financing against a pair of neighboring retail properties with 334,700 square feet in the Atlanta suburb of Sandy Springs, Ga The two properties are the 158,400-sf Parkside Shops, on a 125-acre...
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