Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has offered to purchase, at a discount, the two loans totaling $1121 million against its Jefferson Mall in Louisville, Ky, and Southpark Mall in suburban Richmond, Va The...
SL Green Realty Corp has partnered with a group of institutional investors from South Korea and Israel on its $445 million, or $1,320/sf, purchase of the 337,000-square-foot office building at 450 Park Ave in midtown Manhattan The group funded its...
An affiliate of Hampshire Properties has purchased the 276-unit Mansion at Bala apartment property in Philadelphia The Brooklyn, NY, affiliate, Rose Valley Capital, bought the 12-year-old property from Winther Investment Inc of Houston It funded the...
CarVal Investors, which last year originated $11 billion of loans, is hoping to fund a similar amount this year, despite the headwinds it and other alternative lenders are facing But the lender, like others, is facing some substantial challenges,...
Commercial Real Estate Direct Staff Report A venture of Asland Capital Partners and Pembroke Residential Holdings has lined up $100 million of financing, from a mix of low-income housing tax credits and state-issued housing bonds, for the...
DB Capital Management has paid $2455 million, or $164,765/unit, for Gardens on Paris, a 149-unit apartment property in Aurora, Colo The Playa Vista, Calif, investment manager, which has about $500 million of assets under management, bought the...
Dallas Morning News An affiliate of TTI Capital has lined up $7529 million of financing for its purchase of The Travis, a 345-unit apartment property in suburban Dallas Marcus & Millichap’s Institutional Property Advisors unit arranged the...
PGIM Real Estate has provided $40 million of financing against the 113-unit LL Hawkins Apartments and the neighboring Slabtown Marketplace in Portland, Ore The five-year loan with a fixed coupon was arranged by CBRE The property, at 1515 NW 21st...
Atlanta Business Chronicle The Interlock, a 305,000-square-foot office building in Atlanta’s West Midtown area, has been brought to the sales market SJC Ventures owns the property, which is expected to sell for $2135 million, or $700/sf...
ACRE, formerly known as Asia Capital Real Estate, has provided $435 million of financing to fund Peak Capital Partners’ $625 million, or $416,667/unit, purchase of the 150-unit Connect at First Creek in Denver The loan, arranged by KeyBank...
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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