The small-capitalization property sector appears to be firming up, with sales volumes increasing across the board last year Cap rates have increased as well, except for industrial properties...
Citibank has provided $690 million of financing against a portfolio of 13 apartment properties with 4,077 units throughout Florida, Kentucky, South Carolina, Tennessee, and Texas Newmark arranged the loan, which is expected to be securitized, on...
Dwight Mortgage Trust has provided $675 million of financing against the 260-unit Elements at Saratoga Lake townhome-apartment community in Saratoga Springs, NY The property was developed in 2024 at 1 Forest Ridge Blvd by Blue Iron Development of...
Asana Partners has paid $51 million, or $64469/sf, for Gateway Center, a 79,108-square-foot retail center in Mission Viejo, Calif The Charlotte, NC, investment manager acquired the property, at 23972-24042 Alicia Parkway, in an all-cash deal from...
Crain’s New York Business Tishman Speyer is in advanced talks to purchase the 12 million-square-foot Chrysler Building in Manhattan The New York investor would acquire the property from Cooper Union, which last year hired Savills to market...
Commercial Observer JP Real Estate Group has paid $236 million for the mixed-use property at 1057-1059 Lexington Ave on Manhattan’s Upper East Side The New York investor acquired the property from Rudd Realty Management, also of New York,...
South Florida Business Journal Bank OZK has provided $3238 million of construction financing for the Four Seasons Private Residences Coconut Grove condominium project in Miami A venture of CMC Group and Fort Partners broke ground on the 70-unit...
LaSalle Investment Management has paid $50 million, or $11449/sf, for Bullitt II Logistics Center, a 436,716-square-foot industrial property in Shepherdsville, Ky, a southern suburb of Louisville, Ky The Chicago investment manager acquired the...
Greystone has provided $492 million of Fannie Mae mortgage financing against the 150-unit SoNo Central apartment property in Norwalk, Conn The loan has a 10-year term and requires only interest payments for its first three years, after which it...
Multi-Housing News Sumitomo Mitsui Trust Bank has originated $808 million of financing for the construction of Jules San Pedro, a 281-unit apartment property in Los Angeles The property is being developed by a venture of High Street Residential of...
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