Commercial Real Estate Direct Staff Report Braven Office Commons, a 749,694-square-foot property in Bellevue, Wash, has been placed on the sales block by its receiver as its foreclosure process begins Eastdil Secured has been tapped to market the...
South Florida Business Journal Alta Developers has lined up a $78 million construction loan for the Edge at Sunset, a 316‑unit apartment project in Miami The local developer is building the 10-story property on a 174-acre site at 6075 Sunset...
Houston Business Journal Sade Real Estate has lined up $1285 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston Hudson Bay Capital of New York provided the loan, which was arranged by Walker & Dunlop...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $12525 million of agency financing to facilitate the purchase of the 1,115-unit Pavilion Apartments in Chicago Earlier this month, RIG Capital paid $167 million, or...
Tampa Bay Business Journal Allen Morris Co has lined up a $43 million construction loan for Bayside North, a 96‑unit apartment project in Sarasota, Fla Affinius Capital of San Antonio and Axonic Capital of New York were the lenders The Coral...
Commercial Real Estate Direct Staff Report A portfolio of three Wilmington, Del, office buildings backing distressed CMBS debt are scheduled for sheriff’s sale next month The buildings, with 305,398 square feet at 200, 300, and 400 Bellevue...
Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
South Florida Business Journal An affiliate of North American Development Group has lined up $10547 million of construction financing for Nuvo Midtown Boca, a 294‑unit apartment project in Boca Raton, Fla A lending group led by US Bank provided...
Dallas Business Journal B1Bank is offering for sale a $213 million loan against the 275,000‑square‑foot office building that once was home to the Fort Worth Star‑Telegram newspaper in Fort Worth, Texas Mission Capital has been tapped to market...
Tampa Bay Business Journal An affiliate of Ardent has filed a foreclosure suit against the owner of the 432-unit X Tampa apartment project in downtown Tampa, Fla The suit filed by the Atlanta lender claims that the borrower, Chicago developer X Cos,...
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