Commercial Real Estate Direct Staff Report The GGP Retail operation of Brookfield Corp has lined up a $125 million mortgage against its Clackamas Town Center shopping mall in the Portland, Ore, suburb of Happy Valley, Ore The five-year loan, from an...
Commercial Observer Citigroup has provided $28 million of financing against the 174,000-square-foot office property at 1530 Wilson Blvd in Arlington, Va Jemal Equities owns the 10-story building, which it bought in October 2025 for $28 million from...
Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is...
Rialto Capital Advisors this year through September has taken down the B-pieces of five CMBS conduit deals totaling $382 billion, giving it nearly 18% share of the conduit B-piece market...
A total of $34 billion of domestic, private-label CMBS was priced during the third quarter, marking the busiest third quarter since before the Global Financial Crisis It bought issuance for the year through September to $10327...
Commercial Real Estate Direct Staff Report The percentage of the country’s apartment units receiving concessions declined in August to 154% from 158% in July, according to RealPage Market Analytics It marks the third straight month in which...
New York Business Journal Sabet Group has paid $325 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan’s Turtle Bay neighborhood The New York real estate firm acquired the portfolio...
The volume of CMBS loans that are more than 30 days late with their payments increased last month by $123 billion, or 26%, to $4865 billion, according to Trepp Inc That amounts to 802% of the $60658 billion universe tracked...
Commercial Real Estate Direct Staff Report An affiliate of Keech Properties has paid $478 million, or $250,261/unit, for the 191-unit Astor at Osborn apartment property in Phoenix The Redwood City, Calif, company acquired the property, at 3300 North...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from 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.
