Philadelphia Business Journal Welltower has paid $406 million, or $253,750/unit, for Arcadia at Limerick Pointe, a 160-unit seniors-housing property in Limerick, Pa, about 30 miles northwest of downtown, or Center City, Philadelphia The Toledo,...
Eastwind Development has lined up $455 million of construction financing for the 264-unit Aston at Longleaf apartment property in Melbourne, Fla TD Bank provided the loan The Palm Beach Gardens, Fla, developer is constructing the four-building...
Commercial Real Estate Direct Staff Report Mesa West Capital has provided $27 million of financing to facilitate Timberlane Partners’ $37 million, or $406,593/unit purchase of the 91-unit Vista Ridge apartment property in the Seattle suburb of...
BlackRock Inc’s HPS Investment Partners unit has provided $101 million of financing against the 308-unit RISE at Glen Kernan Park active-adult apartment property in Jacksonville, Fla The floating-rate loan, with a three-year term that can be...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
The venture that bought the 351-room Hyatt Regency Jersey City hotel four years ago is in talks with its CMBS lenders over a potential modification of the property's $100 million...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Observer JE Richards has leased all 935,000 square feet at the recently constructed 211 Centreport Parkway industrial property in Stafford, Va The Lanham, Md, commercial electrical contractor and manufacturer will make data-center...
Property investor Stockdale Capital Partners has launched a credit platform and plans to lend as much as $300 million in the coming year The Los Angeles investment manager, best known for its opportunistic and value-add investments, has hired Alec...
Dwight Investment Management has provided $130 million of bridge financing against the 389-unit Saiya apartment property in downtown Phoenix The 23-story building, at 802 North 1st Ave, is in the city’s Roosevelt Row area, also known as the Ro...
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