Multi-Housing News Walker & Dunlop has provided $597 million of Freddie Mac financing against the Place at Prado, a 432-unit apartment property in Mesa, Ariz, about 17 miles east of Phoenix The fixed-rate financing allows the property’s...
Park Hotels & Resorts Inc said it would not make the June debt-service payment against the $725 million CMBS loan on a pair of hotels with a total of 2,943 rooms in San Francisco, adding that it would rid itself of the properties The loan is...
Commercial Observer Thorofare Capital has provided $3562 million of financing for the purchase of the 189,000-square-foot industrial complex at 377 Carlls Path in Deer Park, NY Iron Hound Management Co arranged the loan A venture of Thor Equities...
McBride Cohen Co has secured $2233 million of financing to fund the construction of the first phase of South Pier at Tempe Town Lake, a large mixed-use property in Tempe, Ariz The first phase will have 724 apartment units, 26,500 square feet of...
South Florida Business Journal Hanover Co has lined up $13535 million of construction financing for Hanover Riverwalk, a 380-unit apartment building in Fort Lauderdale, Fla Sumitomo Mitsui Trust Bank of Japan was the lender Hanover, of Houston,...
Tishman Speyer has negotiated the one-year extension of the $485 million mortgage against 300 Park Ave, a 771,643-square-foot office building in midtown Manhattan The loan, securitized through COMM, 2013-300P, now matures in August 2024 But its...
REBusiness Online Pearlmark has provided $10 million of financing against the 267-unit Vinty Apartments in Elizabeth, NJ The loan, arranged by JLL Capital Markets, allowed the property’s owner, a venture of LeCesse Development Corp and MAS...
Lenders that hold $940 million of mortgage debt against 95 apartment properties with 2,452 units in San Francisco have hired Eastdil Secured to market it for sale, according to a report in The Real Deal A big chunk of the financing – $60256...
Carlyle Group has acquired a development site in the Gowanus neighborhood of Brooklyn, NY, and has lined up $170 million of financing from Athene Annuity and Life Co to fund the construction of apartments on the parcel The Washington, DC, investment...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and AB CarVal, which had provided a mezzanine loan against the dual-branded Crowne Plaza and Staybridge Suites in Atlanta’s midtown area, have taken over the property The...
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