The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
Tampa Bay Business Journal Third Lake Partners has paid $135 million, or about $12273/sf, for WestShore Plaza, a nearly 11 million-square-foot regional mall in Tampa, Fla The Ybor City, Fla, investor acquired the retail property from WPG Inc of...
South Florida Business Journal An affiliate of Urbanica Management has paid $21 million, or $512,195/unit, for a 41-unit apartment property at 7915 East Drive in North Bay Village, Fla The Miami Beach, Fla, hotel developer purchased the building...
South Florida Business Journal Northlink Capital has increased the construction financing for its 222-unit residential condominium project at 7200 Collins Ave in Miami Beach, Fla, to $85 million A lending group led by Deutsche Bank provided...
PCCP has provided $518 million of financing against the 236-unit Everly at Morrison Ranch apartment property in the Phoenix suburb of Gilbert, Ariz The property, at 4353 East Elliot Road, was developed last year by a venture between Phoenix Capital...
M&T Realty Capital Corp has provided $1414 million of financing against the recently completed 194-unit Anagram Turtle Bay apartment property in Manhattan The loan allowed the property’s developer—a venture of Global Holdings, Safanad,...
Commercial Property Executive Boyd Watterson Asset Management has paid $49 million, or $140/sf, for the 350,000-square-foot industrial building at 9560 Heartland Court in Columbus, Ohio The Cleveland investment manager acquired the property from its...
South Florida Business Journal A venture of Witkoff and Monroe Capital has lined up $3026 million of financing for a mixed-use project it’s developing in downtown Miami Athene Annuity and Life Co, an affiliate of Apollo Global Real Estate,...
South Florida Business Journal An affiliate of Monceau Realty has lined up $43 million of construction financing for Perrine Estates, a 192-unit apartment project in suburban Miami An affiliate of Pearlmark provided the loan to the Bay Harbor...
Charlotte Business Journal Adler Real Estate Partners has bought four industrial buildings totaling 195,948 square feet in Charlotte, NC, for $414 million, or $21128/sf The Miami commercial real estate investment firm purchased the buildings from...
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.
