The Bronx Times Camber Property Group has acquired a pair of apartment buildings with 187 units in the Bronx, NY, for $564 million The New York company paid $29 million, or $261,261/unit, for the 111-unit Morris Heights Mews at 1695 Grand Ave, and...
Dallas Morning News A venture of Seefried Properties and USAA Real Estate is building Rockwall Park 20, a two-building industrial property with 315,440 square feet in Rockwall, Texas, about 24 miles northeast of Dallas The property is being built on...
San Antonio Business Journal Provident Realty Advisors is teaming with the San Antonio Housing Trust to build a 358-unit apartment property in San Antonio The project, dubbed Friedrich Lofts, was first announced in 2020 It’s being planned for...
Houston Business Journal The Seabrook, Texas, City Council has approved plans for a 13-story apartment building on NASA Parkway Highland Resources Inc is developing the property on a 31-acre site at 3805 and 3813 NASA Road 1, about 30 miles...
Commercial Real Estate Direct Staff Report Fannie Mae last year funded $69 billion of financing for apartment properties, just less than the nearly $70 billion it had originated in 2021 and far less than its $78 billion lending cap The...
Commercial Real Estate Direct Staff Report Sunbelt Investment Holdings Inc has paid $311 million, or $28928/sf, for River Center, a 107,508-square-foot retail property in Tucson, Ariz The San Diego real estate company purchased the property from...
Provender Partners has recapitalized a portfolio of six cold-storage assets with 113 million square feet by bringing in StepStone Real Estate as partner StepStone, a San Francisco investment manager, effectively acquired the stake in the portfolio...
Pacific Life Insurance Co has provided $40 million of financing against Edens Collection, a 142,740-square-foot retail center in Chicago JLL Capital Markets arranged the five-year loan, which pays a floating rate It allows the owner of the property,...
An affiliate of Belpointe Capital has come up with an innovative structure that would allow developers of properties in Opportunity Zones to complete capital events without triggering any capital-gains tax liabilities...
Värde Partners has provided $30 million of financing against The Madeline Hotel – Auberge Resorts Collection, an 83-room property in Telluride, Colo JLL Capital Markets arranged the loan, which has a five-year term It allows the owner of 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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