SL Green Realty Corp, which last month sold a 49% stake in Manhattan’s 100 Park Ave to Rockpoint Group, has negotiated a modification of the 874,200-square-foot office building’s $38287 million loan, effectively extending its term an...
Triad Business Journal DRA Advisors has paid $6085 million, or $246,357/unit, for the 247-unit Hawthorne at the Parkway apartment complex in Cary, NC The New York company purchased the three-story property Hawthorne Residential Partners of...
Apollo Commercial Real Estate Finance Inc has agreed to sell its entire portfolio of commercial mortgages to Athene Holding Ltd, after which it will evaluate pursuing a different business strategy or strategic transaction that could include its...
The venture of Vornado Realty Trust Inc and Korea Post that owns the 477,000-square-foot office property at 7 West 34th St in Midtown Manhattan has lined up $250 million of financing against the building The five-year loan, with a 579% coupon,...
Commercial Real Estate Direct Staff Report A Brandywine Realty Trust venture has lined up an $8732 million commercial property assessed clean energy, or C-PACE, loan against the 489,548-square-foot life-sciences building at 3151 Market St in...
Bisnow Pacific Life has provided a $60 million loan for the development of a 231-unit apartment property at 1020 North Irving St in the Clarendon section of Arlington, Va The property is being developed by Orr Partners of Reston, Va, on the site of...
San Antonio Business Journal Ilyayev LLC has bought The Alto, a 108-unit apartment complex in San Antonio Marcus & Millichap’s Institutional Property Advisors unit brokered the sale between the buyer and the seller, a company calling...
Commercial Observer Keystone Equities has provided an $84 million loan against the 152-unit Nova Astoria apartment property at 11-14 35th Ave in the Astoria section of Queens, NY The New York investment manager writes loans of at least $30 million...
South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding has provided $58 million of mortgage financing against the 88,365-square-foot mixed-use property at 600 Broadway in the SoHo section of Manhattan The interest-only loan, which has a...
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.
