REBusiness Online Flaherty & Collins Properties has broken ground on the 256-unit second phase of the Mill at Ironworks Plaza apartment property in Mishawaka, Ind The Indianapolis developer is building the property at 235 Ironworks Ave, about...
The Real Deal Hotel Capital, which owns the 135-room Tremont Chicago Hotel, has been hit with a foreclosure lawsuit LaSalle Investment Management filed the suit, alleging that Hotel Capital, of Newport Beach, Calif, defaulted on the $1943 million...
Regent Properties, a Los Angeles investment manager with $23 billion of properties in the Sunbelt region, has launched a credit platform, through which it will provide senior and mezzanine loans and make preferred equity investments in apartment,...
CBRE has arranged $30 million of mortgage financing against Dixon Commerce Center, a 447,042-square-foot industrial property in the Sacramento, Calif, suburb of Dixon, Calif The five-year loan, provided by a regional bank, requires only interest...
Dallas Morning News The $1442 million loan against the 253,561-square-foot Uptown Tower in downtown Dallas is in default after not being repaid before its Oct 1 maturity The loan, securitized through Morgan Stanley Bank of America Merrill Lynch...
Philadelphia Business Journal The $3736 million loan against the 463,988-square-foot office building at One South Broad St in Philadelphia has been extended through September 2025 The loan, securitized through JPMorgan Chase Commercial Mortgage...
Rentvcom California Gateway has paid $477 million, or $23850/sf, for the 200,000-square-foot industrial property at 201 Frank Ave in Belgrade, Mont The private family office acquired the property, as part of a 1031 exchange, from an undisclosed...
Bridge Investment Group has provided $33 million of financing against the 21-unit apartment property at 640 Broadway in the NoHo neighborhood of Manhattan JLL Capital Markets arranged the financing The property, owned by Acadia Realty Trust of White...
Denver Business Journal Jackson Square Properties has paid $89 million, or $344,961/unit, for the Helios, a 258-unit apartment property in Englewood, Colo The San Francisco developer purchased the property from Blackstone Group, which had acquired...
REBusiness Online PGIM Real Estate has provided $66 million of financing against two industrial properties with a combined 760,669 square feet in suburban Chicago The financing pays a fixed rate and allows the owner and developer of the properties,...
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