Commercial Real Estate Direct Staff Report Affinius Capital LLC has provided $17725 million of mortgage financing against a pair of apartment properties with 409 units in Edgewater, NJ, and Yonkers, NY, that were acquired by a venture led by Lincoln...
South Florida Business Journal A local development group led by Giuseppe Iadisernia has lined up a $50 million mezzanine loan to complete the East Tower condominium component of the Oasis Hallandale mixed-use project in Hallandale Beach, Fla...
Boston Business Journal The Boston Red Sox professional baseball team has signed a six-year lease for 100,000 square feet of office space at 1325 Boylston St in Boston The team will occupy the ninth, 10th, and 11th floors within the 13-story...
Boston Business Journal Oxford Properties Group has paid $435 million, or $870/sf, for One Marina Park Drive, a 500,000-square-foot office building in Boston The Toronto real estate investor purchased the 18-story property from an affiliate of...
Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
Commercial Property Executive Travelers Club Luggage has paid $513 million, or $34076/sf, for the GLP Mid-Counties Distribution Center, a 150,548-square-foot industrial property in Santa Fe Springs, Calif The travel gear company acquired the...
South Florida Business Journal An affiliate of JPMorgan Investment Management has paid $385 million, or $17776/sf, for a pair of warehouse properties totaling 216,586 square feet in Kendall, Fla The New York investment manager acquired the...
The Parkhill City apartment complex, with 538 units in the Jamaica section of Queens, NY, has been reappraised at a value of only $1786 million, or nearly half the $325 million value pegged to it in...
An affiliate of Apollo Global Management has provided $745 million of financing to fund the purchase and planned redevelopment of the 107,000-square-foot Seaview House Marina office building in Stamford, Conn, into residential condominiums The loan,...
Commercial Property Executive Four Corners Properties has received $674 million of financing for the redevelopment of Forge North First, a 205,800-square-foot industrial and research and development property in San Jose, Calif The five-year loan was...
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.
