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Home > JPMorgan’s Non-Traded REIT Completes Latest Purchase; Portfolio Now Totals 7 Assets
The volume of delinquency in the CMBS universe ballooned by 74 percent last month to $2971 billion, according to Trepp Inc, putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns The office...
Commercial Real Estate Direct Staff Report Greystone & Co has bought Lumi Hyde Park, a 259-unit apartment complex in Tampa, Fla, for $83 million, or about $320,462/unit The New York investment manager purchased the five-story property from Conti...
Commercial Observer Hudson Bay Capital has provided a $155 million loan against the 725-room Lexington Hotel in midtown Manhattan The property, at 511 Lexington Ave, is owned by a venture of Island Capital Group, MCR Hotels and Three Wall Capital,...
Commercial Real Estate Direct Staff Report An affiliate of Columbus Properties Inc has paid $861 million, or $27911/sf, for 24th at Camelback, a 308,481-square-foot office property in Phoenix The New York investor, an affiliate of Germany’s...
Host Hotels & Resorts Inc has paid $530 million, or $735,090/room, for a two-hotel complex with 721 rooms in Nashville, Tenn The Bethesda, Md, REIT bought the property, comprised of the 215-room 1 Hotel Nashville and 506-room Embassy Suites by...
Commercial Property Executive Lionstone Investments has sold the 112,162-square-foot Muse Shops at Midtown in Dallas for an undisclosed price JPMorgan bought the property in a deal brokered by JLL Capital Markets The sales price was not immediately...
Commercial Observer GDS Brightstar and Sabal Investment Holdings have provided a $3425 million bridge loan against the 40,000-square-foot office property at 76 Eighth Ave in the Meatpacking District of Manhattan The 10-story building was developed...
Commercial Real Estate Direct Staff Report The $3896 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, RI, has been extended by a year through next February, with an option that would allow it to be...
Crain’s Chicago Business The group that owns the 14 million-square-foot office building at 70 West Madison St in Chicago has been hit with a foreclosure lawsuit The group, comprised of Hearn, GEM Realty Capital and Farallon Capital, had...
The Real Deal Fortress Investment Group has filed to foreclose, under the Uniform Commercial Code, against a portfolio of real estate in Florida, Manhattan and Westchester County, NY, owned by Cohen Brothers Realty Corp The investment bank claims...
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© 2023 Commercial Real Estate Direct All rights reserved..
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