Tanger Inc's portfolio of 41 retail properties, including 38 outlet centers, was 981% occupied as of the end of December It completed 31 million square feet of leasing with a blended rental rate spread of...
The Wall Street Journal Dalian Development has paid $24 million, or $2553/sf, for the 940,000-square-foot office building at 301 7th St SW in Washington, DC, and is planning to convert it into apartments The Washington developer acquired the vacant...
Blackstone and New York Life Insurance Co have provided $238 million of financing against the 561,466-square-foot Lincoln Square North office property in the Seattle suburb of Bellevue, Wash The loan was arranged by Newmark on behalf of the...
FS Credit REIT has provided a $7448 million loan against the 267,294-square-foot Shops at Stonefield in Charlottesville, Va The retail property, at 2100 Hydraulic Road, is owned by O’Connor Capital Partners of New York, which bought it in 2016...
PCCP has provided $1805 million of senior mortgage financing against the 21 million-square-foot Oakland Park industrial complex in the Detroit suburb of Highland Park, Mich The loan allowed the 10-building property’s owner, a venture of...
Commercial Real Estate Direct Staff Report Tech Park @ Goleta, a 733,497-square-foot mixed-use complex in the Southern California coastal city of Goleta, has sold for $235 million, or $32038/sf The 17-building property was sold by Majestic Asset...
South Florida Business Journal CIM Real Estate Credit has filed a foreclosure suit against the owner of the Goodtime Hotel in Miami Beach, Fla The 266-room property, at 601 Washington Ave, serves as collateral for a $164 million mortgage that the...
Commercial Real Estate Direct Staff Report Washington Federal Bank has provided $88 million of financing for the construction of the 360-unit Leeway apartment property in the northern Seattle suburb of Shoreline, Wash JLL Capital Markets arranged...
South Florida Business Journal Synovus Bank has provided $54 million of construction financing for the Northside Town Station apartment complex in Miami Locally based IMC Equity Group is building the 244-unit project at 2995 NW 79th St in the...
Crain’s Chicago Business Wintrust Bank has provided $83 million of financing for the development of the 388-unit apartment property at 1010 South Wells St in Chicago’s South Loop neighborhood CMK Cos is developing the complex within the...
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