Commercial Property Executive A venture of PMB and Sutter Health has broken ground on a 100,000-square-foot medical-office building at 7 Medical Plaza Drive in Roseville, Calif, about 20 miles northeast of Sacramento, Calif The property will be...
Owners of office properties whose mortgages mature from now through 2025 could face a funding gap of $727 billion, according to analysis by CBRE Econometric Advisors The funding gap is the difference between the size of an existing loan and the...
REBusiness Online New York developer Dynamic Star LLC has received approval from the New York City Council to redevelop the former Eagle Electric manufacturing facility in the Long Island City section of Queens, NY, into a 400,000-square-foot office...
Commercial Real Estate Direct Staff Report Accesso Partners has paid off a pair of CMBS loans totaling $7886 million against office properties it owns and exercised an option to extend the maturity of a third loan totaling $68 million The Hallandale...
Triangle Business Journal An affiliate of Fidelity Investments has bought the 60,000-square-foot medical-office building at 4709 Creekstone Drive in Durham, NC, for $207 million, or $345/sf The Boston company acquired the property from Highwoods...
Charlotte Business Journal Childress Klein Properties has bought Esplanade at SouthPark, a 202,000-square-foot office property in Charlotte, NC, for $31 million, or about $15347/sf The local company purchased the building from LRC Properties of New...
Charlotte Business Journal The planning staff of Cornelius, NC, has recommended the approval of a rezoning request pertaining to a planned flex-industrial project in that town Greenberg Gibbons Properties has proposed building the five-building...
Madison Realty Capital has provided $262 million of construction financing for the proposed 550-unit E11EVEN Residences Beyond residential condominium project in Miami’s District 11 area The loan, with a 35-year term, was arranged by JLL...
Commercial Real Estate Direct Staff Report Pacific Investment Management Co has provided $534 million of financing against the first phase of Village at Prasada, a 700,000-square-foot retail center in Surprise, Ariz The 75-year loan, which pays a...
Cain International has partnered with Security Benefit Life Insurance Co to buy a portfolio of 10 construction loans with a total commitment of $12 billion from Pacific Western Bank The loans, against apartment and student-housing properties in New...
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.
