The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
Finance & Commerce Eyde Development has paid $29 million, or $14240/sf, for three Minneapolis-area warehouses with 203,653 square feet The Lansing, Mich, company bought the properties from Capital Partners of Minneapolis, which had acquired them...
CIM Group has provided $475 million of financing against the View, a 168-unit apartment property in Los Angeles The loan allowed the property’s owner, a venture between MWest Holdings of Los Angeles and BentallGreenOak of Miami, to refinance...
Boston Business Journal Jumbo Capital Inc has paid $485 million for a portfolio of seven office properties in Wellesley, Mass The Quincy, Mass, investor bought the portfolio from Haynes Management Inc of Wellesley Brookline Bank provided a $237...
Parkview Financial has provided $198 million of financing for the construction of a 121-unit apartment property in the Fishtown section of Philadelphia The property, at 2000 East Hagert St, is being developed by M&B Development of Philadelphia...
REBusiness Online CTO Realty Growth has sold Eastern Commons, a 129,600-square-foot retail center in Henderson, Nev, for $182 million, or $14043/sf The buyer could not yet be learned The property was built in 2005 at 10575 South Eastern Ave, about...
Commercial Real Estate Direct Staff Report The venture between Macerich Co and Alaska Permanent Fund Corp that owns the Tysons Corner Center shopping mall in suburban Washington, DC, has lined up a $710 million mortgage, allowing it to pay off an...
Commercial Real Estate Direct Staff Report Calmwater Capital has provided $2325 million of financing to facilitate the purchase of Decatur 215, a 126,678-square-foot retail center in Las Vegas Earlier this month, an investor group led by Anupam...
Sumitomo Mitsui Banking Corp has provided a $923 million loan for the development of a 354-unit apartment property at 5400 McGrath Blvd in the Washington, DC, suburb of North Bethesda, Md The property, commonly referred to as Parcel H, is being...
Crain’s Chicago Business JVM Realty Corp paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill The Oak Brook, Ill, investment manager purchased the property from Opus Group in a deal brokered by CBRE A...
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.
