A group of lenders led by Wells Fargo Bank has provided $12 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave in Midtown Manhattan The 46-story building, which will have direct access to...
Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
SL Green Realty Corp is starting an effort to refinance the $177 billion of mortgage financing against 245 Park Ave, the 178 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group The existing loan,...
Balbec Capital LP has provided $4275 million of mortgage financing against the 301-unit Bend on Bluebonnet apartment property in Baton Rouge, La JLL Capital Markets arranged the three-year loan on behalf of the property’s owner, a venture of...
OceanFirst Financial Corp has sold a $13 billion portfolio of multifamily loans, most backed by properties subject to New York City’s onerous rent regulations The banking company, parent of OceanFirst Bank, assumed the loans through its...
Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas The Menlo Park, Calif, company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago,...
Mesa West Capital has provided $81 million of mortgage financing against the 330-unit Atlas Peakview apartment property in the Denver suburb of Centennial, Colo The financing was arranged by Walker & Dunlop on behalf of the property’s...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $14624 million of Fannie Mae mortgage financing against the 209 apartment units at the 7 Dey St building in Lower Manhattan’s Tribeca neighborhood The loan helped fund...
Multi-Housing News Pacific Urban Investors has paid $112 million, or $289,406/unit, for the 387-unit A’Capella Apartments in Lynnwood, Wash, a northern suburb of Seattle The Palo Alto, Calif, investor acquired the property, at 15001 35th Ave...
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