Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
South Florida Business Journal An affiliate of JVP Management has provided $1402 million of additional financing for New River Center, a 400-unit apartment project that’s under construction in Fort Lauderdale, Fla The lender took over an...
AZ Big Media Plaza Cos and Fayth Hospitality plan to break ground on the 257-room Hotel Six Four, Mayo Blvd in Phoenix Plaza, of Peoria, Ariz, and Fayth, of Dallas, will build the property at the southeast corner of 64th Street and Mayo Boulevard,...
South Florida Business Journal Tyko Capital has provided $817 million of construction financing for Faena Residences Miami, a 440-unit condominium project along the Miami River A venture of Fortune International Group and KAR Properties is...
Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 105 million-square-foot industrial project in Tinicum Township, Pa, next to...
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...
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...
Commercial Property Executive Ambrose Property Group has broken ground on a 107-million-square-foot industrial property within Columbus Logistics Park – West, a 169-acre industrial development in West Jefferson, Ohio, about 20 miles west of...
New York Business Journal Harlem Children’s Zone has paid $342 million, or $743,478/unit, for The Armstrong, a 46-unit residential condominium property in Upper Manhattan The nonprofit acquired the building from an affiliate of Arena...
Multi-Housing News The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing property in Indianapolis The Fishers, Ind, developer is building the property at 1406 South Capitol Ave, about 2 miles south of downtown...
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.
