Sonnenblick-Eichner Co has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...
The US Department of Housing and Urban Development's multifamily and healthcare lending programs were on fire during the first half of the agency's fiscal year, with a total of $1095 billion of loans being originated That puts the year on track to...
Jacksonville Business Journal Redfearn Capital has lined up $48 million of financing against a portfolio of eight light industrial properties totaling 380,589 square feet in Jacksonville, Fla Prospect Ridge provided the financing The properties are...
South Florida Business Journal A venture of Artifact Group and Rok Acquisitions has bought the Sheraton Suites Fort Lauderdale West, a 265‑room hotel in Plantation, Fla, for $266 million, or $100,377/room Artifact, of Montreal, and Rok, of Miami,...
Commercial Real Estate Direct Staff Report An estimated $7971 billion of loans against commercial properties come due this year, according to Trepp Inc That’s roughly 16% of the $503 trillion universe of loans against income-producing...
PCCP has provided $78 million of financing against the 367-unit Alexan Evans Station apartment property in Denver The property, at 2121 South Broadway, next to a light-rail station and near an on-ramp to State Route 85, was developed three years ago...
San Antonio Business Journal Rio Capital Investments has lined up $378 million of financing for its purchase of The Legacy, a 353,000‑square‑foot mixed-use property in San Antonio Nassau CorAmerica provided the loan, which was arranged by CBRE...
Commercial Real Estate Direct Staff Report The owner of Chicago’s 278 million-square-foot Aon Center office property is looking to negotiate a term extension of the property’s $536 million senior mortgage The loan, which is senior to...
Last month, $183 billion of CMBS loans transferred to special servicing, according to Trepp Inc That was the smallest volume of transfers since the end of last year But special servicers didn't keep pace in their workouts, as $12 billion of loans...
Northwind Group has provided $401 million of mortgage financing for the Ritz-Carlton Residences Palm Beach Gardens, a 106-unit residential property that Catalfumo Cos is developing in Palm Beach Gardens, Fla The loan, arranged by Berkadia, is backed...
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