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,...
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...
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...
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,...
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 Staff Report A New York State judge has ruled that affiliates of the Trump Organization had engaged in fraud by overstating the value of properties they owned, some of which were financed with mortgages The ruling, if...
Metro Credit Union has provided $27 million of financing against One Heritage Drive, a 172,849-square-foot office building in Quincy, Mass The five-year loan, which pays a fixed coupon, was arranged by JLL Capital Markets The five-story building is...
Bank OZK has provided $965 million of financing for the construction of the first phase of the Base, a proposed industrial complex in Glendale, Ariz JLL Capital Markets arranged the financing on behalf of the property’s developer, ViaWest...
Boston Real Estate Times Erland Construction has completed work on the Block at Odell Park, a 106-unit apartment property in Beverly, Mass The property, at 140 Rantoul St, has 9,000 square feet of retail space and is next to the Beverly Depot Train...
Commercial Real Estate Direct Staff Report Bell Bank has provided $2686 million of financing for the construction of the Lanai, a 444-unit apartment property in Buckeye, Ariz A venture of Holualoa Cos of Tucson, Ariz, and Countrywalk Community...
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