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,...
The Real Deal Bank of America’s investment management arm has paid $555 million, or $8538/sf, for the I-88 Gateway Logistics Center, a 650,000-square-foot industrial property in North Aurora, Ill The Charlotte, NC, company purchased the...
Mercury Casualty Co has sold the 127,000-square-foot office property at 11000 Eucalyptus St in Rancho Cucamonga, Calif, for $2225 million, or $17520/sf The Los Angeles company was represented in the deal by Kennedy Wilson Brokerage The buyer was not...
Commercial Real Estate Direct Staff Report KKR Real Estate Partners Americas III has completed the purchase of two recently constructed industrial properties with a total of 2 million square feet in the Phoenix and Atlanta areas for a combined $250...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $785 million of financing against the Village at Pioneer Park, a 322-unit apartment property in Peoria, Ariz The financing was arranged by Tower Capital and allows the owner...
Commercial Property Executive Madison Capital Group has paid $260 million, or $45157/sf, for Seagate Campus, a 575,775-square-foot research and development property in Fremont, Calif The Charlotte, NC, investment and development firm purchased the...
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...
South Florida Business Journal Popular Bank has provided a $4375 million loan for the construction of the Northside Village mixed-use project in Miami’s West Little River neighborhood IMC Equity Group recently broke ground on the project,...
South Florida Business Journal Housing Trust Group has lined up $61 million of construction financing for the University Station apartment property in Hollywood, Fla The Miami company is building the 216-unit property on 25 acres at 309 North 21st...
Moderna Inc has paid $91 million, or $650/sf, for the 140,000-square-foot life-sciences building at 149 Hayes Memorial Drive in Marlborough, Mass, about 37 miles west of Boston The pharmaceutical and biotechnology company, which is based in...
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.
