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,...
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 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...
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...
Orlando Business Journal Plans are moving forward on the Westmoreland Square apartment project in Orlando, Fla Aron Herczl, a Brooklyn, NY, developer, is building the 115-unit project at the southwest corner of West Colonial and North Westmoreland...
South Florida Business Journal An affiliate of Madison Realty Capital has provided $501 million of construction financing for the Olara residential property in West Palm Beach, Fla Savanna of New York is developing the waterfront property on 182...
Commercial Property Executive A venture of BKM Capital Partners and Investcorp has paid $1578 million, or $21324/sf, for a portfolio of four industrial properties with 740,000 square feet in Las Vegas BKM, of Newport Beach, Calif, and Investcorp, of...
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.
