Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
Dwight Capital has provided $34 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 160-unit Reserve at Willow Ridge apartment property in Lancaster, Pa The loan allowed the property’s...
Commercial Real Estate Direct Staff Report An affiliate of family-office platform Cambridge Five Capital has paid $40 million, or $186,916/room, for the 214-room Tarrytown House Estate boutique hotel in the Westchester County, NY, village of...
Publix Super Markets Inc, which operates 1,432 grocery stores, now owns 550 properties, most of which are shopping centers that include its stores Last year, the grocery chain generated $322 million of lease...
Commercial Real Estate Direct Staff Report Bank of America has provided $555 million of financing to facilitate the $72 million purchase of the 366-unit Groves apartment property in the Seattle suburb of Kent, Wash The property, at 10811 SE 239th...
South Florida Business Journal Tyko Capital has provided $507 million of construction financing for the 106-unit condominium project at 1250 West Ave in Miami Beach, Fla A venture led by Terra of Miami is developing the 28-story property Unit sales...
Crain’s Chicago Business S&C Electric has agreed to lease a 295,000-square-foot building at the Logistics Campus, a 32 million-sf industrial development in the Chicago suburb of Glenview, Ill The Chicago power-equipment manufacturer is...
Commercial Observer Sony Group is in talks to anchor the proposed 126 million-square-foot 99 Hudson Blvd property that Tishman Speyer is planning for Manhattan’s Hudson Yards area The electronics company currently occupies 578,791 sf at the...
Barclays Capital and Wells Fargo Bank have provided $1722 million of financing to facilitate the $26493 million, or $539/sf, sale of the Assembly industrial and research and development property in San Jose, Calif The 491,458-square-foot property...
Commercial Real Estate Direct Staff Report The GGP Retail operation of Brookfield Corp has lined up a $125 million mortgage against its Clackamas Town Center shopping mall in the Portland, Ore, suburb of Happy Valley, Ore The five-year loan, from an...
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