Commercial Real Estate Direct Staff Report Ladder Capital Corp has provided $415 million of mortgage financing against the 384,931-square-foot Meridian Mark office complex in the Indianapolis suburb of Carmel, Ind The loan, with a 679% coupon,...
American Landmark Apartments has acquired the 295-unit Tortuga Bayside apartment property in St Petersburg, Fla, for $613 million, or $207,797/unit The Tampa, Fla, investment manager bought the property, at 10475 Gandy Blvd North, from Arium Living,...
Commercial Real Estate Direct Staff Report The venture that owns the 441,922-square-foot office building at 261 Fifth Ave in Manhattan’s midtown South has negotiated a forbearance agreement with the special servicer that’s handling the...
Multi-Housing News American Healthcare REIT has paid $1028 million, or $514,000/unit, for Avella at Almaden, a 200-unit seniors housing property in San Jose, Calif The Irvine, Calif, REIT acquired the property, at 4610 Almaden Expressway, from its...
South Florida Business Journal An affiliate of Hill City Capital has placed an $88 million stalking horse bid for Spirit Airlines’ former headquarters campus in Dania Beach, Fla The 615,595-square-foot property will be sold at an Aug 11...
Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa, about 36 miles west of Philadelphia Barings provided the loan, which was arranged by CBRE...
Philadelphia Business Journal Speed Bay Warehouse Solutions has purchased an eight-building industrial portfolio totaling 488,936 square feet in the Philadelphia area for more than $84 million, or $17180/sf The Denver investor, which focuses on...
Washington Business Journal The buzz is that an affiliate of Douglas Development Corp is buying the 254,000-square-foot 1330 Connecticut Ave NW office building in Washington, DC The affiliate, Jemal Equities, would be buying the 12-story property...
Barings has provided $213 million of financing against the 500,000-square-foot office property at 360 North Green St in Chicago JLL Capital Markets arranged the three-year loan on behalf of the owner and developer, a venture of JPMorgan Asset...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
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