While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $427 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE...
South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla SBH Group arranged the loan on behalf...
South Florida Business Journal Canyon Partners has provided $123 million of construction financing for Adela II at MiMo Bay, a 337-unit apartment project in Miami’s Upper Eastside neighborhood Asia Capital Real Estate of Ponte Vedra, Fla,...
Commercial Real Estate Direct Staff Report Morgan Stanley and Goldman Sachs are providing $360 million of mortgage financing against the 495,275-square-foot Lyrik office property in Boston’s Back Bay neighborhood The five-year loan will allow...
Houston Business Journal Crescent Energy has recently signed a lease for 125,000 square feet at 609 Main at Texas office building in downtown Houston JLL brokered the lease on behalf of the locally based energy company Meanwhile, Crescent has filed...
Dallas Morning News Granite Properties is offering for sale Factory Six03, a 123-year-old office building in downtown Dallas The Plano, Texas, company has tapped Cushman & Wakefield to market the 215,111-square-foot property at 603 Munger Ave An...
NewPoint Real Estate Capital LLC has provided a $49 million mortgage against the 288-unit Evolve at the Pines Apartment Homes in Greenville, NC The two-year loan has a relatively short term and is designed to allow the property’s developer,...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
JLL Capital Markets has arranged $5575 million of financing to facilitate Hines’ purchase of Tempo at Riverpark, a 235-unit apartment property in Oxnard, Calif An unnamed bank provided the five-year loan for Hines, which bought the property...
Commercial Observer Apple Bank has provided $42 million of financing against the 510,000-square-foot Nelson Tower office building at 450 Seventh Ave in Midtown Manhattan The loan, arranged by JLL Capital Markets, allowed the property’s owner,...
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