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,...
Commercial Property Executive Aligned Data Centers has paid $52 million for a 129-acre development site in Sandusky, Ohio The Plano, Texas, company purchased the site from a venture of Avgeris & Associates and Franklin Partners Aligned is...
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...
The volume of CMBS loans that are more than 30 days late with their payments increased again in September, to $2656 billion, or 44 percent of the universe tracked by Trepp Inc That's in sharp contrast to August, when volumes had declined by 45...
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...
REJournals A venture of Hunt Midwest and Marshall Planning Mill is breaking ground in the fourth quarter on the Simpsonville 64 Logistics Park, a 34 million-square-foot industrial property in Simpsonville, Ky Hunt, of Kansas City, Mo, and Marshall,...
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...
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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