PCCP has provided $76 million of senior mortgage financing against the 384-unit Overall Creek apartment property in Murfreesboro, Tenn The loan, arranged by Cushman & Wakefield, allowed the property’s owner, Denholtz of Red Bank, NJ, to...
Commercial Real Estate Direct Staff Report PCCP has provided $84 million of financing against the 335-unit Montreux apartment property in Phoenix CBRE arranged the loan on behalf of the property’s owner, Pacific Development Partners of Los...
Commercial Observer Rialto Capital has provided a $150 million loan against the 270,000-square-foot office building at 100 Fifth Ave in the Union Square area of Manhattan The property is owned by Sovereign Partners, which bought it in 2023 for $1265...
Commercial Observer Bank of America, Standard Chartered PLC, and Wells Fargo Bank have provided $16 billion of financing for the development of the 14 million-square-foot 70 Hudson Yards office building in Manhattan The loan is the largest for a New...
Greystone has provided $838 million of Freddie Mac financing against the 478-unit Winchester Park & Woods apartment property in East Providence, RI The property, at 125 Village Green North, is owned by GAIA Real Estate of Miami, which acquired...
Dwight Capital has provided $67 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 311-unit Emerald Bay apartment property in the Miami suburb of Hialeah, Fla The loan allows the...
Commercial Real Estate Direct Staff Report The venture that owns the 283-unit Cove at Tiburon apartment property in the San Francisco Bay town of Tiburon, Calif, has negotiated an extension of its $210 million loan, taking its maturity through...
Multi-Housing News Prudential Financial has originated $502 million of financing against Thayne Brighton, a 288-unit apartment property in Brighton, Colo, a city that’s 25 miles north of Denver The loan matures in 2031 and allows the owner of...
MGR Real Estate has paid $89 million, or $22674/sf, for Orange City Square, a 392,523-square-foot office property in the Los Angeles suburb of Orange, Calif The Ontario, Calif, property owner bought the property, at 750, 770, 790, and 840 The City...
Commercial Real Estate Direct Staff Report An affiliate of Goodman Real Estate has paid $4776 million, or $343,597/unit, for the 130-unit ArtHouse apartment property in Seattle The local investment firm acquired the property, at 2334 Elliott Ave,...
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