The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
CIM Group has provided $475 million of financing against the View, a 168-unit apartment property in Los Angeles The loan allowed the property’s owner, a venture between MWest Holdings of Los Angeles and BentallGreenOak of Miami, to refinance...
REBusiness Online Saxum Real Estate has begun work on a 187-unit apartment property in the Northern Liberties neighborhood of Philadelphia The property, at 81-95 Fairmount Ave, marks the second phase of a 466-unit property that Saxum is developing...
Parkview Financial has provided $198 million of financing for the construction of a 121-unit apartment property in the Fishtown section of Philadelphia The property, at 2000 East Hagert St, is being developed by M&B Development of Philadelphia...
Commercial Real Estate Direct Staff Report The venture between Macerich Co and Alaska Permanent Fund Corp that owns the Tysons Corner Center shopping mall in suburban Washington, DC, has lined up a $710 million mortgage, allowing it to pay off an...
Houston Business Journal Vault Partners has lined up a tenant to fully lease a 185,413-square-foot industrial property that’s currently under construction in Houston The local developer is leasing the property, Vault Distribution Center, to an...
KXAN – Austin The City of Austin, Texas, has struck a deal with Greystar Development Central LLC to build a “vibrant mixed-use, mixed-income community” The property is being planned for 19 city-owned acres at 800 East St Johns Ave...
Dallas Morning News Presidium plans to break ground by the middle of next year on a mixed-use project that will surround a former cotton mill site in McKinney, Texas The Dallas developer plans to build more than 1,200 apartment units, along with...
Commercial Real Estate Direct Staff Report Calmwater Capital has provided $2325 million of financing to facilitate the purchase of Decatur 215, a 126,678-square-foot retail center in Las Vegas Earlier this month, an investor group led by Anupam...
Sumitomo Mitsui Banking Corp has provided a $923 million loan for the development of a 354-unit apartment property at 5400 McGrath Blvd in the Washington, DC, suburb of North Bethesda, Md The property, commonly referred to as Parcel H, is being...
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