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Home > Local Developer Lines Up $27.2Mln for 124-Unit Apartment Project in Philadelphia
Commercial Observer A venture of Rockwood Capital and Société Générale has provided $312 million of financing against the Piazza Alta mixed-use property in the Northern Liberties neighborhood of Philadelphia The five-year loan, which pays a...
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,...
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...
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...
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 Arlington Partnership for Affordable Housing has bought the 176-unit Falkland Chase apartment property at 8305 16th St in Silver Spring, Md The nonprofit developer purchased the property from JBG Smith of Chevy Chase, Md, and plans...
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,...
The Crowne Plaza JFK Airport hotel, with 335 rooms in the Jamaica section of Queens, NY, has been sold for $84 million, or $250,746/room The property's sale will result in the defeasance or likely pay off of a $377 million CMBS mortgage that doesn't...
BisNow CareFirst BlueCross BlueShield has reduced the space it leases at the 840 First St NE office building in Washington, DC, by 140,000 square feet to 62,000 sf The 245,000-sf building in the city’s north of Massachusetts Avenue, or NoMA...
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