MetLife Investment Management has provided $691 million of mortgage financing to facilitate the purchase of the Walnut Business Park, a 33-building industrial property with 330,946 square feet in Walnut, Calif JLL Capital Markets arranged the...
Birmingham Business Journal Twin Oaks Co Inc has paid $155 million, or about $20945/sf, for Pelham Towne Center, a 74,000-square-foot retail property in Pelham, Ala, about 20 miles south of Birmingham, Ala Encore Retail BPTC LLC was the seller Engel...
Athene Annuity and Life Co and its affiliates have provided a total of $19151 million of mortgage financing against the former New York Marriott East Side Hotel, a shuttered 655-room hotel at 525 Lexington Ave in Manhattan The property was purchased...
Commercial Real Estate Direct Staff Report Chatham Lodging Trust has lined up a $90 million unsecured term loan that it has tapped to retire $7333 million of mortgage debt, including $34 million of maturing CMBS loans against two of its hotels The...
PGIM Real Estate has provided $432 million of financing for St Georges Crossing, a 343,423-square-foot shopping center in Woodbridge, NJ The 12-year loan was arranged by JLL Capital Markets St Georges Crossing, at 855 St Georges Ave, at the heavily...
Commercial Real Estate Direct Staff Report JLL Capital Markets has originated $2683 million of Fannie Mae financing to facilitate Green Leaf Capital Partners’ $4835 million, or $320,198/unit, purchase of the 151-unit Broadstone Sky apartment...
Commercial Real Estate Direct Staff Report HIG Realty Credit Partners has provided $4688 million of financing for the recently completed 540 Waverly Ave apartment building, with 135 units in the Clinton Hill neighborhood of Brooklyn, NY The loan...
South Florida Business Journal Greystar Real Estate Partners wants to more than double the size of its Mira Flores apartment complex in Palm Beach Gardens, Fla The Charleston, SC, multifamily company has proposed razing 32 apartment units on a...
Dallas Morning News Bridge Investment Group is starting construction in April on a nearly 285,000-square-foot industrial property in the Dallas suburb of Grand Prairie, Texas The Salt Lake City real estate investment manager is building the...
Houston Business Journal A venture of Growth Capital Partners and Phelan-Bennett Development has completed work on a 167,120-square-foot industrial project in Brookshire, Texas, about 37 miles west of Houston The property, Westside 10 Business...
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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