MF1 Capital, best known as a provider of bridge financing against apartment properties, is tapping the CMBS market with a $73422 million conduit-like transaction backed by fixed-rate loans against apartment...
Charlotte Business Journal InvenTrust Properties Corp has paid $166 million, or $56436/sf, for the 29,414‑square‑foot retail center at 3609 South Blvd in Charlotte, NC The Downers Grove, Ill, REIT purchased the property from an affiliate of...
South Florida Business Journal Publix Super Markets Inc has paid $78 million, or $43642/sf, for the 178,726‑square‑foot Fountains of Boynton Shopping Center in Boynton Beach, Fla The Lakeland, Fla, grocery store chain acquired the retail...
Principal Financial Group has paid $8063 million, or $21051/sf, for the 383,000-square-foot Capital Marketplace retail property in Raleigh, NC The Des Moines, Iowa, company purchased the property from Finmarc Management Inc, which purchased it in...
A venture of Basis Industrial and One Investment Management has paid $8948 million, or nearly $144/sf, for a portfolio of 25 shallow-bay industrial buildings with 621,759 square feet in the suburban Atlanta The venture bought the portfolio from...
The Real Deal An affiliate of Hennick & Co has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan The Toronto investment company bought the 14-story property from an affiliate of BD...
Baltimore Business Journal Rose Valley Capital has paid $671 million, or $169,444/unit, for Crossings at White Marsh, a 396‑unit apartment complex in Nottingham, Md The Brooklyn, NY, investor acquired the garden‑style property from Continental...
Commercial Real Estate Direct Staff Report The 119 million-square-foot JACX office complex in Queens, NY, has had its appraised value slashed by 44% to $480 million The property, constructed in 2019, is comprised of two 26-story buildings that are...
South Florida Business Journal A venture of Madison Realty Capital and Siguler Guff has provided $126 million of construction financing for the Twenty Sixth & 2nd Wynwood Residences, a 233‑unit condominium project in Miami A venture of PMG and...
Orlando Business Journal Midtown Capital Partners has secured a $37 million bridge loan for the construction of the 171-unit Astor Pointe apartment project in Palm Bay, Fla RMWC provided the two-year, floating-rate loan, which was arranged by...
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.
