Ladder Capital Corp has provided $268 million of mortgage financing to facilitate the $378 million, or $74550/sf, purchase of 575 Fifth Ave in Midtown Manhattan A venture led by Sovereign Partners bought the 507,031-square-foot office...
Commercial Observer David Yurman, a retailer of designer jewelry, has leased the nearly 24,000 square feet of retail space at the base of the Mandarin Oriental Residences at 685 Fifth Ave in Midtown Manhattan The retail space takes up the four...
The Real Deal ACORE Capital has provided $69 million of financing to help fund Pebb Capital’s purchase of the 97,500-square-foot office building at 119 Washington Ave in Miami Beach, Fla Pebb Capital, a Boca Raton, Fla, investment manager,...
Puget Sound Business Journal Oso Capital Advisors has paid $45 million, or $227,272/unit, for Bower Village, a 198-unit apartment property in Kent, Wash The Reno, Nev, investor acquired the property, at 24006 108th Place SE, from Rise Properties...
Commercial Observer Caprice Holdings, a London owner/operator of restaurants and clubs, has paid $100 million, or $3,333/sf, for the Triangle Loft building at 675 Hudson St in Manhattan’s Meatpacking District The company plans to convert the...
South Florida Business Journal A venture of Housing Trust Group and AM Affordable Housing has lined up $775 million of financing for the construction of Artisan Pointe, a 115-unit affordable housing project in Homestead, Fla The financing consists...
Tampa Bay Business Journal A venture of East Capital Partners and Westport Capital Partners has lined up $2315 million of acquisition financing for a three-building industrial portfolio in Tampa, Fla General Investment and Development of Boston...
The Real Deal JPMorgan Asset Management is looking to sell its 49% stake in the 1 million-square-foot 605 Third Ave office building in Midtown Manhattan The investment manager, which owns its stake in the property on behalf of the Commingled Pension...
The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
South Florida Business Journal Northlink Capital has increased the construction financing for its 222-unit residential condominium project at 7200 Collins Ave in Miami Beach, Fla, to $85 million A lending group led by Deutsche Bank provided...
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.
