Fannie Mae funded 669 multifamily loans with a balance of $171 billion during the first quarter, up nearly 45% from the $118 billion it funded a year ago The latest quarter’s volume increased the housing-finance agency’s book of...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
REBusiness Online Alcove Development has broken ground on 10 Union Lofts, a 96-unit apartment property in Eudora, Kan The Lawrence, Kan, developer is building the property at 1008 East 10th St, about 35 miles west of Kansas City The property will...
Commercial Property Executive Constellation Real Estate Partners is starting work this month on a 251,162-square-foot industrial project at 7351 Muck Pond Road in Dover, Fla, about 21 miles east of Tampa International Airport The Houston company...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
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.
