Commercial Real Estate Direct Staff Report Wells Fargo Bank provided $1365 million of mortgage financing to help facilitate Canyon Creek Real Estate’s acquisition of the 519,959-square-foot 111 Congress office building in downtown Austin,...
Greystar has paid $3966 million, or $147,985/unit, for the 268-unit Avana Bartram Springs apartment complex in Jacksonville, Fla The Charleston, SC, investment manager bought the property, at 14951 Walden Springs Way, from Fogelman Properties of...
Multi-Housing News Nimes Real Estate has lined up a $229 million Fannie Mae for its purchase of the Hilliard Pointe Apartments, a 218-unit property in Hilliard, Ohio, about 11 miles northwest of Columbus, Ohio Newmark arranged the five-year loan...
South Florida Business Journal Willis Lease Finance Corp has paid $118 million, or $31474/sf, for the 374,910-square-foot Cocomar Business Park that’s currently under construction in Coconut Creek, Fla The local aviation leasing and services...
Orlando Business Journal McKinley has paid $21 million, or $114,130/unit, for Soraya, a 184-unit apartment community in Casselberry, Fla The Ann Arbor, Mich, apartment owner bought the property from National Property Management Associates of...
Orlando Business Journal JBL Development has lined up $625 million of construction financing for the first phase of The Gateway luxury apartment project in Orlando, Fla Highland Commercial Mortgage provided the loan JBL, a Hollywood, Fla, developer,...
Sixteenth Floor Residential has paid $644 million, or $221,306/unit, for Crest at Brier Creek, a 291-unit apartment property in Raleigh, NC The El Paso, Texas, nonprofit acquired the property, on 1448 acres at 6450 Viewpointe Circle, from Millburn...
JLL Capital Markets has provided $42 million of Fannie Mae mortgage financing against Portola Bridge Creek, a 270-unit apartment property in Vancouver, Wash, owned by SB Real Estate Partners of Irvine, Calif The Fannie loan pays a fixed coupon and...
South Florida Business Journal Coastland Residential has lined up $845 million of construction financing for Vybe 75, a 366-unit apartment project in Miami PNC Bank provided the loan The eight-story project is being built on a 437-acre site at 4383...
Prime Finance has provided $405 million of financing against the 162-unit Payton Apartments in Portland, Ore JLL Capital Markets secured the five-year loan on behalf of the property’s owner, ColRich of San Diego The seven-story property 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.
