Aquarian Real Estate Partners and 3650 Capital have provided $723 million of debt financing to help fund the purchase of a 929,899-square-foot chunk of the Randhurst Village retail center in the Chicago suburb of Mount Prospect, Ill Aquarian, whose...
Commercial Real Estate Direct Staff Report The 441,523-square-foot office building at 3000 Post Oak Boulevard in Houston’s Galleria area has been sold in a deal that resulted in $648 million of losses to the three CMBS trusts that held an $80...
Commercial Real Estate Direct Staff Report Millburn & Co has paid $587 million, or $225,769/unit, for the 260-unit Ascend at Black Canyon apartment property in Phoenix The Salt Lake City, Utah, investment manager purchased the property, at 28201...
Stewards Inc has paid $90 million, or $420,561/unit, for the 214-unit Envy Pompano Beach apartment property in Pompano Beach, Fla The Fort Lauderdale, Fla, investment manager funded its purchase with a $477 million loan from LoanCore Capital The...
Hudson Bay Capital has provided $85 million of mortgage financing against the 78,500-square-foot 300 Lafayette St office and retail building in Manhattan’s SoHo area The loan was arranged by Newmark The building includes 63,000 sf of office...
Galway Cos has broken ground on the 357-unit Greenline apartment property at 1709 West Broadway in the Madison, Wis, suburb of Monona, Wis The property will have studio, one-, and two-bedroom units, and will include a fitness center, sauna, cold...
Commercial Real Estate Direct Staff Report Hull Property Group, which four years ago acquired the former Westfield Citrus Park mall in Tampa, Fla, has paid off the property’s $12138 million CMBS loan The loan was one of four remaining in the...
New York Life Insurance Co has provided $386 million of mortgage financing against the 750,000-square-foot office building at 200 Madison Ave in Manhattan’s Grand Central area The floating-rate loan, which has a three-year term and two...
Commercial Observer Dwight Investment Management, an affiliate of Dwight Capital, has provided $42 million of bridge financing against 1720 at Harvey, a 288-unit apartment complex in College Station, Texas Partin Development owns the property, which...
Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
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.
