Commercial Real Estate Direct Staff Report Fannie Mae funded $145 billion of multifamily loans during the third quarter, bringing its total lending activity for the year so far to 1,930 loans with a balance of $458 billion That compares to a year...
Tishman Speyer has formed a separately managed account with Dutch pension Bouwinvest Real Estate Investors to own the leasehold interest in Manhattan’s Chrysler Building and would pursue other trophy office properties across the country...
The Real Deal David Werner is said to be buying the 49% stake in the 103 million-square-foot 605 Third Ave office building in Midtown Manhattan from JPMorgan Asset Management, which offered the stake through Newmark The remaining stake in the...
The median loan-to-value ratio of mortgages against manufactured-housing properties that were securitized so far this year decreased to 582% from 596% for all of last year...
PCCP has provided $1639 million of financing for the construction of the 426-unit Paramus Chapter apartment property that a venture between Russo Development and Kushner Real Estate Group is developing in the northern New Jersey borough of Paramus...
Mesa West Capital has provided $615 million of mortgage financing against the 125,100-square-foot office building at 285 Sobrante Way in the Silicon Valley city of Sunnyvale, Calif The collateral building, constructed in 2021 by a venture of...
Voya Investment Management has provided $958 million of financing against a portfolio of six apartment properties with 1,461 units in Los Angeles and California’s Inland Empire Northmarq arranged the financing on behalf of the...
South Florida Business Journal Madison Realty Capital has provided $463 million of financing for the South Tower of the St Regis Residences, Sunny Isles Beach, a 170-unit condominium project that’s under construction in Sunny Isles Beach, Fla...
Dwight Investment Management has provided $73 million of financing against the recently completed Ballpark Apartments, with 368 units in Reno, Nev The short-term loan allows the property’s developer and owner, a venture of Pacific Development...
Barings has provided a $1386 million loan against the 656,000-square-foot Speedway Commerce Center in Rancho Cucamonga, Calif The loan allowed the property’s owner, Hillwood Development Corp of Dallas, to retire a $140 million construction...
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