An affiliate of Belpointe Capital has come up with an innovative structure that would allow developers of properties in Opportunity Zones to complete capital events without triggering any capital-gains tax liabilities...
Värde Partners has provided $30 million of financing against The Madeline Hotel – Auberge Resorts Collection, an 83-room property in Telluride, Colo JLL Capital Markets arranged the loan, which has a five-year term It allows the owner of the...
New York YIMBY The exterior construction of the 190-unit apartment property at 278 Eighth Ave in Manhattan’s Chelsea neighborhood has been completed The 14-story building, between 23rd and 24th streets, also will have 33,000 square feet of...
New York YIMBY Related Cos is nearing completion of the exterior of The Set, a 270-unit apartment building at 451 Tenth Ave in the Hudson Yards section of Manhattan The 44-story building, at the corner of Tenth Avenue and West 35th Street, offers...
Berkadia has provided $2016 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 215-unit District 42 Apartments in Sioux City, Iowa The financing has a 35-year term, during which it fully...
NextGen Properties Group has paid $4963 million, or $387,734/unit, for the 128-unit Alivia Apartments in Whittier, Calif The Irvine, Calif, real estate company purchased the property as part of a tax-deferred exchange from an affiliate of Fairfield...
Commercial Real Estate Direct Staff Report Thorofare Capital has provided $4469 million of financing against the recently completed Willow Street Residences, with 197 units in Fort Collins, Colo The loan allowed the property’s developer, CA...
Multi-Housing News TWG Development has broken ground on Fairground Flats, a 216-unit apartment property in Oklahoma City The Indianapolis developer is building the property at 2820 General Pershing Blvd, about six miles west of the city’s...
Commercial Real Estate Direct Staff Report Capital One has provided $9365 million of Freddie Mac financing against the 241-unit Clinton Manor apartment property in midtown Manhattan The loan, which matures in 2028, allowed the property’s...
Commercial Real Estate Direct Staff Report Freddie Mac last year funded $728 billion of multifamily mortgages last year, up from the $70 billion of volume it originated in 2021, when it hit its regulatory lending cap Last year’s volume fell...
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.
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