Commercial Observer Maxim Capital Group has provided a $70 million loan for the development of a 113-unit residential condominium property at 11-33 44th Drive in the Long Island City section of Queens, NY The property, which will have ground-floor...
South Florida Business Journal Ocean Bank has originated $433 million of construction financing for Nexus Leah, a 189-unit apartment building in Hialeah, Fla The eight-story project is being developed by a venture of Development Alliance and 1140...
Commercial Real Estate Direct Staff Report Last year, Colorado House Bill 25-1090: Protections Against Deceptive Pricing Practices, was signed into law The legislation, which went into effect at the start of January, requires businesses to present...
The Real Deal The Gutow Co has teamed with Vertical Partners LLC to buy the 246,955-square-foot office building at 12001 North Central Expressway in Dallas The locally based companies purchased the 13-story property from Atlas Coit Central LLC,...
Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
South Florida Business Journal Ocean Bank has provided a $70 million construction loan for the 142,153-square-foot mixed-use project at 20955 Biscayne Blvd in Aventura, Fla Centtral Aventura LLC, which is led by Jacobo Cababie Dichi of Aventura,...
Triad Business Journal Beach Co has lined up $89 million of financing for the construction of Persimmon at Cates Creek, a 346-unit apartment and townhome community in Hillsborough, NC First Horizon Bank provided a $54 million construction loan,...
Newcastle Partners has lined up $651 million of construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot warehouse and distribution center in Perris, Calif Bank OZK provided the loan, which was arranged by JLL Capital Markets...
Commercial Real Estate Direct Staff Report The Philadelphia area office market recorded 113,422 square feet of negative absorption last year, according to Newmark, marking the area’s fifth straight year of negative absorption The chronic...
Austin Business Journal Spire Realty Group is offering for sale the two-building Bridgepoint Plaza office complex in Austin, Texas The Dallas company has owned the 177,973-square-foot property since 2017 An asking price is not known, but the...
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.
