Commercial Observer TD Bank has provided a $725 million construction loan for a 133-unit apartment project that’s being developed at 544 Carol St in the Gowanus section of Brooklyn, NY JLL arranged the financing The property is being developed...
Commercial Observer Customers Bank has provided $64 million of financing for the construction of a 197-unit apartment property at 580 Gerard Ave in the Mott Haven section of the Bronx, NY The property is being developed by a venture of Stellar...
Phoenix Business Journal Dynamic City Capital has paid $102 million, or $576,271/unit, for Canopy by Hilton Scottsdale Old Town, a 177-room hotel in Scottsdale, Ariz The Provo, Utah, investment firm purchased the hotel from Miller Global Properties,...
Commercial Real Estate Direct Staff Report Blackstone Group has sold its 80 percent stake in Metropolitan Square in the East End of Washington, DC, for $305 million, valuing the 656,546-square-foot office building at $38125 million, or nearly...
Houston Business Journal Parkway has bought a pair of office properties with about 266 million square feet in Houston for undisclosed prices The seller, which was represented by Eastdil Secured, was not identified Parkway formed in May when Parkway...
Phoenix Business Journal The X Co has broken ground on X Roosevelt, a 370-unit apartment property in downtown Phoenix The Chicago developer is building the 19-story property at 625 to 629 North 2nd Ave X Roosevelt is estimated to cost $150 million...
MIG Real Estate has paid $611 million, or $442,753/unit, for the 138-unit Newport Palms Apartments in Costa Mesa, Calif The Newport Beach, Calif, investor purchased the property from MG Properties of San Diego The deal was highlighted by Kidder...
Hall Structured Finance has provided $52 million of financing for the development of the 160-room Perry Hotel Naples in Naples, Fla The property is being developed at 12155 Tamiami Trail North by FOD Capital of Key West, Fla It will have swimming...
Empire State Realty Trust Inc has paid $264 million for a pair of neighboring mixed-use properties in the Williamsburg section of Brooklyn, NY The properties, 157 and 161 Wythe Ave, are at the northeast intersection of North 6th Street, and have six...
Charlotte Business Journal A venture of York Capital and Albright Corners LLC has filed plans to build a nearly 650-unit apartment project in Rock Hill, SC The venture is seeking a zoning change for the proposed project’s 127-acre development...
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