Commercial Real Estate Direct Staff Report The average monthly asking rent for apartment units nationally declined in November by $8 to $1,740/unit, according to Yardi Matrix, marking the fourth straight month in which rents have declined But...
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...
Massachusetts residents likely will vote in November on whether to overturn a 32-year-old law that banned statewide rent control in the commonwealth But the state's governor has gone on the record opposing the effort, arguing that what the state...
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,...
Commercial Observer Northwind Group has provided $33 million of mortgage financing to facilitate William Macklowe Co’s purchase of a $46 million loan on the 127,000-square-foot 291 Broadway office building in the Tribeca section of Manhattan...
The office vacancy rate for Chicago's central business district was 226% during the third quarter, according to Transwestern But that doesn't provide a clear picture of the city's office landscape, as the 20 newest and largest office properties had...
The Commercial Real Estate Finance Council’s upcoming Miami conference, set for Jan 11-14, is shaping up to be among the best-attended of the trade group’s major events So far, more than 4,000 people are expected to attend However, not...
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