The volume of commercial real estate loans coming due through 2027 increased slightly in the second quarter to $278 trillion from $275 trillion in the first quarter, according to Trepp Inc This year, $5369 billion of loans come due, and next year,...
Denver Business Journal Paskin Group has paid $29 million, or $397,260/unit, for the 73-unit B Street LoHi Apartments in Denver The Santa Barbara, Calif, investment and management company purchased the property from its developer, Palisade Partners...
South Florida Business Journal Tri-Star Equities has paid $19 million, or about $88335/sf, for The Print Shop, a 21,509-square-foot office building in Miami The New York company purchased the three-story property from Link Real Estate Dwntwn Realty...
South Florida Business Journal Bridge Industrial has lined up $60 million of construction financing for a 409,189-square-foot logistics warehouse in Opa-Locka, Fla The Chicago developer borrowed the loan from Equitable Financial Life Insurance Co It...
South Florida Business Journal A venture of Black Lion and Massa Investment Group is buying an eight-story office building at 1601 Washington Ave in Miami Beach, Fla, for $82 million, or about $58571/sf An affiliate of Nightingale Group of New York...
Commercial Observer Bank of Princeton has provided a $31 million loan against The Vertex, a 69-unit apartment property in the East Williamsburg section of Brooklyn, NY The property’s owner, CW Realty of Brooklyn, used proceeds to retire a $20...
Rentvcom Martens Development Co has paid $191 million for a 44-acre development site at the southeast corner of Ellsworth and Willis roads in Mesa, Ariz The Scottsdale, Ariz, developer purchased the site from Silver Creek Development, which was...
Crain’s New York Business Norges Bank Investment Management is said to be the buyer of a 45 percent stake in the planned 900,000-square-foot office property at 343 Madison Ave in midtown Manhattan The stake was sold by Boston Properties,...
The Real Deal Monarch Alternative Capital and Tourmaline Capital Partners are said to have agreed to pay about $250 million, or nearly $360/sf, for the 695,000-square-foot office building at 801 Brickell Ave in Miami’s hot Brickell financial...
A venture of Cantor Fitzgerald, Silverstein Properties, Collins Capital and Kaufman Jacobs has lined up $536 million of financing from Truist Bank for the construction of the 298-unit James at Springline apartment property in Chesterfield, Va 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.
