A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
New York Times The 38-story office property at 235 East 42nd St in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on...
AZ Big Media Okland Construction has agreed to lease an 85,241-square-foot industrial building at 2525 West Corporate Center Drive within the 17 North Corporate Center development in Phoenix The construction manager was represented by DAUM...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
Rentvcom Titanium Plus Auto Parts has agreed to lease a 522,300-square-foot industrial property within the Chino South Industrial Center in Chino, Calif The auto parts distribution company is taking the space from the property’s owner,...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
Commercial Observer Delshah Capital has paid $1278 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, NY, in separate deals The New York real estate developer paid $458 million for 227 Grand St, which has...
Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta’s Sandy Springs area The Irvine, Calif, multifamily property owner purchased the...
South Florida Business Journal Natixis has provided 1925 million of construction financing for a 544-unit apartment project at 1775 Biscayne Blvd in Miami LCOR of New York is building the 42-story property on a 108-acre development site in...
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