Mesa West Capital has provided a $5872 million loan against the 445,187-square-foot Northern Parkway Logistics Center in Glendale, Ariz The three-building property, at 12815 West Northern Ave and 12795 West Northern Ave, about 23 miles northwest of...
Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc has lined up $358 million of mortgage financing against four of its properties with a total of 1,200 rooms in Chicago, Philadelphia, Puerto Rico, and the Virgin Islands...
Greystone has provided $3924 million of Fannie Mae financing against the 334-unit Evolv apartment property in the Dallas suburb of Mansfield, Texas The 14-year-old property, on 186 acres at 370 North State Highway 360, is owned by Greybrook Realty...
Commercial Real Estate Direct Staff Report The venture that owns the Prince Building in Manhattan’s SoHo area has lined up $216 million of financing, allowing it to retire a $200 million CMBS loan that became delinquent earlier this year The...
Crain’s Chicago Business A venture led by Ken Buckman and Bert Castillo has paid nearly $30 million, or $6802/sf, for the 441,034 square feet of office space at 121 West Wacker Drive in downtown Chicago The local investors acquired it from...
Boston Business Journal Westborough Shopping Center, a 356,957-square-foot retail property in Westborough, Mass, is being offered for sale at a foreclosure auction next month Paul E Saperstein Co has scheduled the auction for Dec 8 The property...
Crain’s Chicago Business ICM Properties has paid $31 million, or $430,556/unit, for the 72-unit Medallion apartment property in Chicago’s Lakeview neighborhood The Chicago company acquired the property, at 3121 North Broadway, from JSM...
Crain’s Chicago Business Novak Development has sold Webster Place, a 136,000-square-foot retail center in Chicago’s Lincoln Park neighborhood, for $678 million, or $49853/sf The local developer, which bought the property in 2021 for $293...
Crain’s Chicago Business An affiliate of Community America Credit Union has filed a $236 million foreclosure lawsuit against the owner of the 11 million square-foot office property at 35 West Wacker Drive in downtown Chicago The credit union...
Commercial Real Estate Direct Staff Report Freddie Mac funded $16 billion of multifamily loans during the third quarter, down 36% from the $25 billion it funded a year ago and 11% from the $18 billion it funded in the second quarter The...
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.
