MSD Partners and FS Credit Real Estate Income Trust Inc have provided $130 million of financing against the 713-room Yotel New York at Times Square hotel The loan allowed the property's owner, a venture that includes IFA Hotels & Resorts Kuwait Real...
New York Post The Good Cause Eviction Bill winding through the New York state legislature would cap annual rent increases at New York City apartments at the greater of 3 percent or 15 percent of the increase in the Consumer Price Index The bill...
Commercial Real Estate Direct Staff Report Knightvest Capital assumed an existing $4578 million Fannie Mae loan when it paid $1025 million, or $251,225/unit, for the 408-unit Aventura apartment property in Avondale, Ariz The Dallas investment...
Dwight Capital has provided $6625 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 407-unit Woodstock West apartment property in the Atlanta suburb of Woodstock, Ga The loan allowed the...
Commercial Observer The 11-unit apartment building at 271 West 11th St in Manhattan’s West Village neighborhood has been sold for $265 million, or $241 million/unit The four-story building, constructed in 1884, was sold by Alicia Harper, who...
Austin Business Journal A venture of Generational Commercial Properties and Aquila Commercial has bought Hartland Plaza, a 184,128-square-foot office property in downtown Austin, Texas CIM Group of Los Angeles sold the property, which it had bought...
The Real Deal Brookfield Properties is in talks to buy the 49 percent stake in the One Liberty Plaza office building in lower Manhattan held by Blackstone Group in a deal that values the property at $1 billion It’s effectively buying back the...
Commercial Real Estate Direct Staff Report The $16295 million of CMBS debt against the Fair Oaks Mall in suburban Washington, DC, is expected to transfer to special servicer Argentic Services Co as it’s not expected to get paid off by its...
An affiliate of KHP Capital Partners has paid $110 million, or $397,111/room, for the Camby, Autograph Collection, a 277-room hotel in Phoenix The sale was first reported by AZ Big Media The San Francisco private-equity firm bought the property from...
Commercial Real Estate Direct Staff Report CBRE Multifamily Capital Inc has provided a $40507 million Fannie Mae credit facility against a portfolio of seven apartment properties with 2,858 units in the Southeast, California and Washington 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.
