Orlando Business Journal APC US Pineda Commons LP has paid $4134 million, or $55416/sf, for Pineda Commons, a year-old retail property in Melbourne, Fla The Toronto investor acquired the shopping center, along with three of its outparcels, from an...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
South Florida Business Journal AS Hallandale Investment FL has paid $40 million, or $20933/sf, for Millennium Plaza, a 191,084-square-foot mixed-use property in Hallandale Beach, Fla, about 14 miles south of Fort Lauderdale, Fla Alan Segall, a...
South Florida Business Journal CIP Real Estate has paid $99 million, or $29343/sf, for the 337,392-square-foot Lyons Corporate Park in Coconut Creek, Fla, about seven miles southwest of Boca Raton, Fla The Irvine, Calif, investor bought the...
Freddie Mac funded $18 billion of multifamily mortgages during the second quarter, a 50% increase from the $12 billion it funded during the same period a year ago The latest quarter brings the housing-finance agency’s lending activity for the...
Slate Property Group has raised up to $1 billion under a separately managed account that it will invest in lower-leverage senior construction and bridge loans against apartment properties Slate is a New York investment manager that has completed...
Fannie Mae funded $142 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year The housing-finance agency funded $171 billion of loans in the first quarter, so its lending activity for the first...
A group of lenders led by Wells Fargo Bank has provided $12 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave in Midtown Manhattan The 46-story building, which will have direct access to...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
SL Green Realty Corp is starting an effort to refinance the $177 billion of mortgage financing against 245 Park Ave, the 178 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group The existing loan,...
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.
