St Louis Post-Dispatch Pier Property Group has opened the Mill Creek Flats Luxury Apartments, a 105-unit property in St Louis The local developer broke ground on the property, at 812 South Theresa Ave, in January 2021 The $22 million development has...
Crain’s Chicago Business An affiliate of Morguard has paid $133 million, or $380,000/unit, for Echelon Chicago, a 350-unit apartment property in downtown Chicago The Mississauga, Ontario, investor purchased the property from Crescent Heights...
Commercial Real Estate Direct Staff Report The $6508 million CMBS loan against the Southland Center Mall in the Detroit suburb of Taylor, Mich, defaulted at its maturity last month The loan is the second largest in the collateral pool for...
REJournalscom Friedman Real Estate has paid $46 million, or $3740/sf, for four industrial buildings with a total of 123 million square feet in Waterford, Mich, and Liverpool, NY The Farmington Hills, Mich, company purchased the portfolio in a...
The volume of CMBS loans in special servicing declined by a mere 035 percent in July, to $2915 billion, marking the smallest monthly decline since January 2021 While the volume of retail and hotel loans continued to decline, the volume of office...
REBusinessOnline MDH Partners has bought Park 100 Building 71, a 193,348-square-foot industrial property in Indianapolis The seller and purchase price were not disclosed The property, at 5250 West 76th St, was built in 1988 and is 87 percent...
Crain’s Chicago Business Local developer Sterling Bay Co is planning to build a 130-unit apartment property at 2100 North Southport Ave in Chicago The nine-story property would be the tallest mass timber development built in Chicago since 1871...
Crain’s Chicago Business John Buck Co is offering for sale 33 North LaSalle St, a 403,000-square-foot office building in Chicago The local developer has hired JLL to market the 38-story property It is encumbered by a $584 million mortgage that...
Crain’s Chicago Business DRA Advisors has paid $106 million, or $185,639/unit, for the Bennington, a 571-unit apartment property in Bensenville, Ill, a suburb of Chicago The New York investment manager purchased the property from FPA...
REJournalscom Stripmasters Services Inc, a painting and coating company, has agreed to lease 161,000 square feet at Decatur Commerce Park, a 649,000-sf industrial property in Decatur, Ill The property, at 2500 North 22nd St, has 36-foot clear...
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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