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 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...
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...
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...
AZ Big Media Hammes Partners has paid $2333 million for a majority stake in Banner Ironwood Medical Center, a 60,000-square-foot medical-office building in Queen Creek, Ariz The Milwaukee investment management firm purchased its stake from a venture...
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...
REBusiness Online St John Properties has broken ground on Simms Technology Park, a 600,000-square-foot industrial property in Broomfield, Colo The Baltimore company is building the property at the intersection of North Simms Street and West 112th...
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