ACORE Capital has provided $110 million of mortgage financing against Manhattan’s 370 Lexington Ave as part of a recapitalization that involved KSR Capital investing in the 311,628-square-foot office building The 27-story building is owned by...
Tishman Speyer has purchased the $40 million mezzanine loan that JPMorgan Chase Bank provided to facilitate the $26525 million purchase of the 817,136-square-foot One Dag Hammarskjold Plaza office building in Manhattan The mezzanine loan, which...
A venture of Hamilton Partners and Bow River Capital has secured $442 million of financing against Hamilton Logistics Center, a 474,600-square-foot industrial property in Salt Lake City JLL Capital Markets arranged the five-year loan, which was...
SRG Living Inc has paid $286 million, or $80,790/unit, for the 354-unit Riverwood Apartments in Lansing, Ill, about 27 miles south of Chicago The Lakewood, NJ, investor acquired the property, at 3649 173rd Court, from an investor group led by Robert...
The sale-leaseback market maintained its momentum through the first quarter, and given strong M&A activity and favorable market conditions, demand should remain...
Commercial Real Estate Direct Staff Report Property prices increased slightly during the first quarter, according to the Trepp Property Price Index, or TPPI Prices were up 009% from the fourth quarter and 048% from a year ago, according to the TPPI...
Bridge Housing has paid $2535 million, or $234,722/unit, for Latitude, a 108-unit apartment property in the Seattle suburb of Everett, Wash The San Francisco affordable-housing specialist acquired the property, at 12907 East Gibson Road, from...
Berkadia has provided $352 million of Freddie Mac financing against the 394-unit Lake Village Apartments in Lake Orion, Mich, a northern suburb of Detroit The 10-year loan allowed the property’s owner, Fenton Management Co of Farmington Hills,...
Marcus & Millichap Capital Corp has arranged $85 million of financing for the construction of a 140-unit apartment property at 55 North La Cienega Blvd in Beverly Hills, Calif The four-year loan was provided by a national bank on behalf of the...
Ventas Inc has paid $6381 million, or $196,338/unit, for Aston Gardens at Parkland Commons, a 325-unit seniors-housing property in Parkland, Fla, which is just west of Boca Raton, Fla The Chicago REIT acquired the property from an affiliate of Kayne...
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