South Florida Business Journal Pinnacle Bank, doing business as Synovus Bank, has provided a $5085 million construction loan for a 147-bed skilled-nursing facility in North Miami Beach, Fla Citadel Care Centers, a Brooklyn, NY, affiliate of TL...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
A venture of Rockpoint and Holland Partner Group is planning to develop Stevens Creek, a 311-unit apartment property in San Jose, Calif Rockpoint, of Boston, and Holland, of Vancouver, Wash, are building the property at 3896 Stevens Creek Blvd Units...
Commercial Observer A venture of Banyan Street Capital and Independencia Asset Management has lined up $535 million of financing for Doral Center, a 290,000-square-foot office property in Doral, Fla Wells Fargo Bank provided the loan, which was...
Commercial Observer Capodagli Property Co has lined up an $826 million bridge loan against Meridia Roselle Park 10, a 325-unit apartment property in Roselle Park, NJ, near Newark Liberty International Airport PGIM Real Estate of Newark, NJ, provided...
Lenders originated $563 billion of loans under various US Department of Housing and Urban Development multifamily and healthcare programs during the agency's third fiscal quarter...
Commercial Observer A venture of Rockpoint and Urby has lined up $277 million of construction financing for 201 Hudson – by Urby, a 748-unit apartment project in Jersey City, NJ Truist provided the loan, which was arranged by Newmark The...
Multi-Housing News The NRP Group has broken ground on Stone Ridge at High Street, a 150-unit apartment property in Columbus, Ohio The Cleveland developer is constructing the property at 45 West Barthman Ave, about three miles south of downtown...
Commercial Real Estate Direct Staff Report The $32873 million CMBS loan against the Westfield Montgomery Mall in the Washington, DC, suburb of Bethesda, Md, has been paid off The loan was securitized through WFLD Mortgage Trust, 2014-MONT, and...
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