Tampa Bay Business Journal Allen Morris Co has lined up a $43 million construction loan for Bayside North, a 96‑unit apartment project in Sarasota, Fla Affinius Capital of San Antonio and Axonic Capital of New York were the lenders The Coral...
Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
South Florida Business Journal An affiliate of North American Development Group has lined up $10547 million of construction financing for Nuvo Midtown Boca, a 294‑unit apartment project in Boca Raton, Fla A lending group led by US Bank provided...
Affinius Capital and Axonic Capital have partnered to provide $43 million of construction financing to fund the 104-unit second phase of the Bayside Sarasota apartment project in the Gulf Coast city of Sarasota, Fla The seven-story building is being...
Multi-Housing News Deutsche Bank has provided a $741 million loan for the multifamily conversion of the 126,000-square-foot Bank of Italy office property in downtown San Jose, Calif The loan was arranged by Cushman & Wakefield on behalf of a...
Crain’s Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million At the time of...
South Florida Business Journal A venture of Madison Realty Capital and Siguler Guff has provided $126 million of construction financing for the Twenty Sixth & 2nd Wynwood Residences, a 233‑unit condominium project in Miami A venture of PMG and...
Orlando Business Journal Midtown Capital Partners has secured a $37 million bridge loan for the construction of the 171-unit Astor Pointe apartment project in Palm Bay, Fla RMWC provided the two-year, floating-rate loan, which was arranged by...
Commercial Property Executive AKIRA has agreed to extend its 202,105-square-foot lease at Crossroads Parkway, a 352,338-sf industrial property in Bolingbrook, Ill, a southwestern suburb of Chicago The fashion retailer, which has occupied space at...
Crain’s Chicago Business The 691,410-square-foot office building at 2 North LaSalle St in Chicago has been brought to the sales block by the bondholders that took control of it two years ago Torchlight Loan Services, the special servicer...
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