Commercial Real Estate Direct Staff Report The long-troubled $3791 million CMBS loan against a portfolio of nine Seattle office buildings with 164 million square feet owned by Martin Selig Real Estate has been modified, providing the developer with...
Affinius Capital has provided $1003 million of financing to fund the construction of the 326-unit Atmosphere Pittsburgh student-housing property in the city’s Oakland neighborhood The 10-story property, which will have a 672-bed capacity, is...
Oxford Properties has provided a $155 million construction loan for the first phase of Buckeye Yards, a 413-million-square-foot industrial development in Columbus, Ohio JLL Capital Markets arranged the financing on behalf of developer Xebec of...
New York Life Investment Management has provided $480 million of mortgage financing against 10 apartment properties with 2,731 units owned by Continental Properties Real Estate Development Fund II LP The loan was arranged by Walker & Dunlop It...
Charlotte Business Journal Western-Southern Life Insurance Co has provided $81 million of construction financing for Sutherland at Piper Glen, a 299-unit apartment project under construction in Charlotte, NC RK Investors is developing the property...
Bisnow Terra Universal Inc has paid about $502 million, or roughly $369/sf, for the 136,200-square-foot industrial property at 1500 South Raymond Ave in Fullerton, Calif The industrial machinery and cleanroom manufacturer acquired the property from...
Commercial Property Executive BKM Capital Partners has paid $62 million for Goldenwest Circle Business Park, a 231,000-square-foot industrial property in the Los Angeles suburb of Westminster, Calif The Newport Beach, Calif, company acquired the...
Prime Finance has purchased a portfolio of eight performing loans with a balance of $760 million from Blackstone Real Estate Debt Strategies It’s not known how much the investment manager paid But Seth Fisher, principal and head of strategic...
A venture led by FitzWalter Capital Partners has paid $795 million for the distressed $1458 million mortgage against the 304,947-square-foot 700 Sixth St NW office building in Washington,...
Blackstone Real Estate Debt Strategies has provided $310 million of financing against the Peabody Union mixed-use property in downtown Nashville’s South Bank district The three-year loan, which can be extended by two additional one-year terms,...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
