Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
Philadelphia Business Journal Mission Critical Group has agreed to lease 266,000 square feet at 1600 Delp Drive in Harleysville, Pa The McKinney, Texas, electrical equipment supplier is leasing the industrial property from High Street Logistics...
Washington Business Journal Rockwater Ventures and Buchanan Partners have paid $1525 million, or $4408/sf, for American Center, a 346,000-square-foot office property in the Washington, DC, suburb of Tysons, Va Rockwater, of Chevy Chase, Md, and...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Benefit Street Partners has provided $821 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis The three-year loan, which could be extended by up to two additional...
Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $17176/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix The West Palm Beach, Fla, REIT bought the...
REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
Commercial Real Estate Direct Staff Report Nationwide has provided $335 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave in Cerritos, Calif, about 16 miles south of Los Angeles JLL Capital Markets...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, NY The oceanfront property, at 21 Oceanview Terrace, is...
Washington Business Journal BXP Inc has agreed to sell the leasehold interest in Sumner Square, a 210,000-square-foot office building in Washington, DC, for $63 million, or $30000/sf The pending buyer was not disclosed The three-building property...
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