Dynamic Star has secured three loans totaling $115 million against development sites in New York City’s Queens and Bronx boroughs The New York developer lined up the financing from Columbia Pacific Advisors A $40 million piece of the financing...
Dallas Morning News Zale Properties has lined up $583 million of construction financing for the View at Sapphire Bay apartment project, with nearly 400 units in Rowlett, Texas, about 20 miles northeast of Dallas Principal Global Investors provided...
Argentic Investment Management has provided $225 million of financing against the Nest Micro Apartments, with 122 studio units in the Journal Square section of Jersey City, NJ JLL Capital Markets arranged the loan on behalf of the borrower, 190...
Sunroad Enterprises has lined up $203 million or financing against Vive Luxe, a 442-unit apartment property in San Diego JLL Capital Markets arranged the five-year loan, which allowed Sunroad to retire construction debt The San Diego company had...
Lender 3650 REIT has provided $85 million of permanent mortgage financing against the WSFS Bank Center, a 371,222-square-foot office building in Wilmington, Del The loan, funded through the lender’s stable cash-flow investment platform, has a...
Commercial Real Estate Direct Staff Report LoanCore Capital has provided $339 million of financing for Clear Capital LLC’s $45 million, or $296,052/unit, purchase of the 152-unit Parker Apartments in Glendale, Ariz The Irvine, Calif, investor...
Mesa West Capital has provided $135 million of financing to facilitate the $2025 million, or $519,231/unit, purchase of the 390-unit Sophia at Abacoa apartment complex in the Abacoa section of Jupiter, Fla The loan, arranged by Newmark, helped fund...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $60 million of financing for the purchase of the 240-unit Sanctuary on Broadway Apartments in Tempe, Ariz An affiliate of EZ Real Estate of Seattle purchased the property for...
Commercial Observer A group of lenders comprised of Citibank, Bank of Montreal, Starwood Property Trust and MF1 Capital has provided $714 million of mortgage financing against two apartment buildings with a total of 829 units on Manhattan’s...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
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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