Tampa Bay Business Journal Woodfield Development has lined up $60 million of financing for the construction of a 305-unit apartment project in Tampa, Fla CIBC Bank provide the loan The Isle of Palms, SC, developer recently paid $105 million for the...
Commercial Real Estate Direct Staff Report HPS Investment Partners has taken over the 617,000-square-foot office building at 850 Third Ave in Manhattan in a $26593 million deal The New York investment manager, which has nearly $100 billion of assets...
Bayport Funding, a New York alternative lender, has lined up a $200 million senior credit facility from a group of banks led by Webster Bank that would allow it to potentially double its annual lending production to about $500 million It also will...
Highwoods Properties Inc has lined up a $200 million loan against its Bank of America Tower at Legacy Union, an 841,164-square-foot office building in the Uptown area of Charlotte, NC The loan has a five-year term and pays a coupon of 569 percent It...
Commercial Real Estate Direct Staff Report GFP Real Estate has negotiated a three-year term extension of the $10297 million mortgage against its 515 Madison Ave office building in midtown Manhattan The loan, securitized through WFRBS Commercial...
Commercial Real Estate Direct Staff Report Principal Life Insurance Co has provided $662 million of financing for the construction of Eastrail Flats, which will have 207 apartment units and 63 townhomes in Woodinville, Wash The financing was...
Park Plaza Mall in Little Rock, Ark, has been acquired by Second Horizon Capital for what is said to have been between $25 million and $27 million The company bought the property from a CMBS trust that had taken it by foreclosing on what was a $738...
Commercial Real Estate Direct Staff Report The Vornado Realty Trust venture that owns the 182 million-square-foot office complex at 555 California St in San Francisco is seeking to extend the term of property’s $12 billion mortgage The loan is...
JLL Capital Markets has arranged an $1824 million Freddie Mac loan for the 358-unit Cambridge Estates apartment property in Lafayette, Ind The property, constructed in phases from 1973 to 1977, is owned by Brikwell of Denver, which had acquired it...
South Florida Business Journal Ground recently broke on the $50 million initial phase of the Southpointe Vista affordable-housing property in Miami McDowell Housing Partners is building the property on a 346-acre site at the northeast corner of SW...
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.
