Orlando Business Journal Urban Network Capital Group has lined up $267 million of construction financing for the Visions Orlando mixed-use project in Orlando, Fla The Miami developer obtained the financing from LV Lending, also of Miami Visions...
South Florida Business Journal A venture consisting of Illinois lenders CIBC Bank USA, First Bank Chicago and Republic Bank has provided $669 million of construction financing for Wynwood Station, a 210-unit apartment project in Miami The loan...
South Florida Business Journal A venture that includes the Archdiocese of Miami is developing a 150-unit seniors-housing property in Pompano Beach, Fla Bank of America has provided $34 million of tax-exempt financing, while Broward County, Fla,...
NewPoint Real Estate Capital has provided $1536 million of Freddie Mac financing against The One, a 451-unit apartment property along the Hudson River waterfront in Jersey City, NJ The property was developed in 2015 by BLDG Management at 110 First...
Westcore has paid $5224 million, or $13129/sf, for Raceway Commerce Center, a 397,894-square-foot industrial property in West Valley City, Utah The San Diego investor purchased the property from Brennan Investment Group of Rosemont, Ill, which was...
Commercial Real Estate Direct Staff Report Affinius Capital Management, the former USAA Real Estate, has provided $825 million of financing against the 489-room Arlo Midtown Hotel in Manhattan The property, at 351 West 38th St, is owned by an...
Commercial Real Estate Direct Staff Report Thor Equities and its partner, ASB Real Estate Investments, have sold the 14,589 square feet of retail space at 155 Mercer St in Manhattan’s SoHo neighborhood for $60 million, or $4,113/sf The venture...
Crain’s Chicago Business Blatteis & Schnur has paid $273 million, or $4,658/sf, for the 5,860-square-foot retail portion of the Westin Michigan Avenue Chicago, a 752-room hotel in Chicago The Los Angeles investor purchased the space from...
Commercial Real Estate Direct Staff Report Cash flow at the 502,000-square-office building at 1515 Market St in downtown, or Center City, Philadelphia had declined by 30 percent last year, pushing it to a level below that needed to fully service its...
The Real Deal Abraham Trust, led by Jacob Garlick, placed the winning bid of $190 million, or $745/sf, for the iconic Flatiron Building at 175 Fifth Ave in Manhattan The 121-year-old property was auctioned through Mannion Auctions in order to settle...
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