Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
South Florida Business Journal An affiliate of JVP Management has provided $1402 million of additional financing for New River Center, a 400-unit apartment project that’s under construction in Fort Lauderdale, Fla The lender took over an...
Atlanta Business Chronicle Cousins Properties has contributed $50 million for a 975% stake in a venture with Trammell Crow Co that owns the site of Morgan Stanley’s future regional headquarters in Dallas The Atlanta REIT’s investment...
Houston Business Journal Cabot Properties has acquired Port 225 Commerce Center, a 484,056-square-foot industrial property in Pasadena, Texas, about 15 miles east of Houston The purchase price was not disclosed, but the 265-acre property was valued...
Multi-Housing News Corten Real Estate has provided $785 million of financing to facilitate CrossHarbor Capital Partners’ purchase of the 335-unit Alyssa apartment property in Tempe, Ariz CrossHarbor, of Boston, acquired the property, at 98...
Multi-Housing News Capital One has originated a $1572 million Fannie Mae loan against the 309-unit Villas at Playa Vista – Montecito apartment property in Los Angeles The loan allowed the property developer and owner, Irvine Co of Newport Beach,...
PCCP has provided $683 million of mortgage financing against the recently completed Palm Gateway Logistics Center, a four-building industrial complex with 614,800 square feet in Mesa, Ariz The loan allows the property’s developer, Logistics...
Atlanta Business Chronicle Starwood Capital Group has lined up $947 million of additional financing against One Atlantic Center, a 50-story office building in Atlanta Deutsche Bank provided the financing, increasing the balance of an original loan...
Charlotte Business Journal Actus Capital has paid $183 million, or $134,559/unit, for the Forest Ridge Apartment Homes, a 136-unit complex in the Charlotte, NC, suburb of Fort Mill, SC The Birmingham, Ala, multifamily investment firm acquired the...
Commercial Real Estate Direct Staff Report JLL Real Estate Capital has originated a $559 million Freddie Mac loan to facilitate the purchase of Leva on Market, a 261-unit apartment property in Seattle’s Ballard neighborhood The loan has a...
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