REJournalscom KeyBank has provided $50 million of Freddie Mac financing against the Lumen, a 318-unit apartment property in Cleveland The financing pays a fixed-rate and includes five years of interest-only payments The Freddie financing allows the...
South Florida Business Journal An affiliate of Madison Realty Capital has provided $501 million of construction financing for the Olara residential property in West Palm Beach, Fla Savanna of New York is developing the waterfront property on 182...
Commercial Real Estate Direct Staff Report State Farm Life Insurance Co has provided $1606 million of financing to facilitate a Fidelity Investments affiliate’s purchase of Chandler Crossroads I and II, a 216,322-square-foot industrial...
Commercial Real Estate Direct Staff Report Brunswick Square Mall in East Brunswick, NJ, has been appraised at a value of $305 million, less than half the $6451 million that is owed against it The latest appraisal was highlighted this morning in a...
MSD Partners and FS Credit Real Estate Income Trust Inc have provided $130 million of financing against the 713-room Yotel New York at Times Square hotel The loan allowed the property's owner, a venture that includes IFA Hotels & Resorts Kuwait Real...
Commercial Real Estate Direct Staff Report Knightvest Capital assumed an existing $4578 million Fannie Mae loan when it paid $1025 million, or $251,225/unit, for the 408-unit Aventura apartment property in Avondale, Ariz The Dallas investment...
Dwight Capital has provided $6625 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 407-unit Woodstock West apartment property in the Atlanta suburb of Woodstock, Ga The loan allowed the...
Commercial Real Estate Direct Staff Report The $7555 million CMBS loan against the Pecanland Mall in Monroe, La, has transferred to special servicer Greystone Servicing Co because it wasn’t refinanced at its maturity earlier this month The...
Austin Business Journal A venture of Generational Commercial Properties and Aquila Commercial has bought Hartland Plaza, a 184,128-square-foot office property in downtown Austin, Texas CIM Group of Los Angeles sold the property, which it had bought...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $424 million loan against the 487,000-square-foot office property at 401 South State St in Chicago are poised to take the property through foreclosure The foreclosure was first...
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.
