Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
South Florida Business Journal Tyko Capital has provided $507 million of construction financing for the 106-unit condominium project at 1250 West Ave in Miami Beach, Fla A venture led by Terra of Miami is developing the 28-story property Unit sales...
Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho The Indianapolis developer is building the property at 16761 North Idaho Center Blvd, about 17 miles east of Boise, Idaho Highline...
Commercial Real Estate Direct Staff Report A Wisconsin court judge has approved the sale of the Southridge Mall in Greendale, Wis As previously reported, the property, owned by Simon Property Group, would be sold by its receiver, Spinoso Real Estate...
Multi-Housing News Affinius Capital has provided a $948 million loan for the construction of Zev Corvallis, a 262-unit student-housing property near Oregon State University in Corvallis, Ore The 13-story property, at 516 SW Fourth St, is being...
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...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
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...
The $515 million sale of the commercial space and parking garage at the 1,639-room Palmer House Hotel in Chicago resulted in the near wipe-out of the $5768 million CMBS loan against it The space—54,136 square feet of retail space, 14,400 sf of...
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.
