The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
CIM Group has provided $475 million of financing against the View, a 168-unit apartment property in Los Angeles The loan allowed the property’s owner, a venture between MWest Holdings of Los Angeles and BentallGreenOak of Miami, to refinance...
Boston Business Journal Jumbo Capital Inc has paid $485 million for a portfolio of seven office properties in Wellesley, Mass The Quincy, Mass, investor bought the portfolio from Haynes Management Inc of Wellesley Brookline Bank provided a $237...
Parkview Financial has provided $198 million of financing for the construction of a 121-unit apartment property in the Fishtown section of Philadelphia The property, at 2000 East Hagert St, is being developed by M&B Development of Philadelphia...
Commercial Real Estate Direct Staff Report The venture between Macerich Co and Alaska Permanent Fund Corp that owns the Tysons Corner Center shopping mall in suburban Washington, DC, has lined up a $710 million mortgage, allowing it to pay off an...
Commercial Real Estate Direct Staff Report Calmwater Capital has provided $2325 million of financing to facilitate the purchase of Decatur 215, a 126,678-square-foot retail center in Las Vegas Earlier this month, an investor group led by Anupam...
Sumitomo Mitsui Banking Corp has provided a $923 million loan for the development of a 354-unit apartment property at 5400 McGrath Blvd in the Washington, DC, suburb of North Bethesda, Md The property, commonly referred to as Parcel H, is being...
MF1 Capital has provided $51 million of financing against the recently completed 204-unit Mossdale Landing Apartments in Lathrop, Calif, in the state’s Central Valley region JLL Capital Markets arranged the financing, which has a three-year...
Crain’s New York Business SL Green Realty Corp might be gearing up to spin off a stake in some of its Manhattan office properties, including the 13 million-square-foot 280 Park Ave Andrew Goldfarb, an analyst with Piper Sandler, noted that the...
San Antonio Business Journal A foreclosure auction has been scheduled for Dec 5 for the Solara, a 285-unit apartment property in San Antonio GVA LLC of Austin, Texas, had defaulted on the property’s $563 million loan, which was provided by...
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