The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
South Florida Business Journal S3 Capital has provided $35 million of financing for the construction of the 162-unit third phase of the Casa Princeton apartment project in Miami Berkadia arranged the two-year, floating-rate loan Aconcagua Developers...
Realterm and Starwood Property Trust Inc have partnered to provide a $672 million mortgage against a portfolio of 78 industrial outdoor-storage, or IOS, properties owned by a venture of Stonemont Financial Group and Cerberus Capital Management The...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and funds managed by AB CarVal have provided $42 million of mortgage financing against the 245-room THesis Hotel Miami in Coral Gables, Fla The property is part of the larger...
Triangle Business Journal Turnbridge Equities has paid $719 million, or $224,688/unit, for the 320-unit SkyHouse Raleigh apartment building in Raleigh, NC The New York real estate investor acquired the 23-story property from World Wide Group, also...
San Antonio Business Journal LXMI Capital has lined up a $364 million loan for its purchase of the DoubleTree by Hilton San Antonio Airport hotel in San Antonio Fortress Investment Group provided the financing LXMI, an Austin, Texas, investor...
CMBS loans against properties in the country’s top 10 metropolitan statistical areas had a pay-off rate of 5631% this year through July In other words, $252 billion of the $474 billion of loans that came due paid off on time The payoff data...
Northmarq has provided $561 million of Fannie Mae financing against the 354-unit Wintercrest Village apartments in the San Diego suburb of Lakeside, Calif The 10-year loan requires only interest payments for its entire term The property, at 12002...
An affiliate of Acadia Realty Trust has committed to provide $75 million of mortgage financing to fund the $56 million, or $46830/sf, purchase of the 119,584-square-foot Whitestone Shopping Center in the Whitestone section of Queens, NY, and the...
Commercial Real Estate Direct Staff Report Voya Investment Management has provided $2325 million of mortgage financing against the 105-unit Align Apartments in the Seattle suburb of Federal Way, Wash Northmarq arranged the four-year loan on behalf...
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