Dwight Capital has provided $67 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 311-unit Emerald Bay apartment property in the Miami suburb of Hialeah, Fla The loan allows the...
Commercial Real Estate Direct Staff Report The venture that owns the 283-unit Cove at Tiburon apartment property in the San Francisco Bay town of Tiburon, Calif, has negotiated an extension of its $210 million loan, taking its maturity through...
Multi-Housing News Prudential Financial has originated $502 million of financing against Thayne Brighton, a 288-unit apartment property in Brighton, Colo, a city that’s 25 miles north of Denver The loan matures in 2031 and allows the owner of...
MGR Real Estate has paid $89 million, or $22674/sf, for Orange City Square, a 392,523-square-foot office property in the Los Angeles suburb of Orange, Calif The Ontario, Calif, property owner bought the property, at 750, 770, 790, and 840 The City...
Commercial Real Estate Direct Staff Report An affiliate of Goodman Real Estate has paid $4776 million, or $343,597/unit, for the 130-unit ArtHouse apartment property in Seattle The local investment firm acquired the property, at 2334 Elliott Ave,...
Commercial Observer Northwind Group has provided $33 million of mortgage financing to facilitate William Macklowe Co’s purchase of a $46 million loan on the 127,000-square-foot 291 Broadway office building in the Tribeca section of Manhattan...
The Commercial Real Estate Finance Council’s upcoming Miami conference, set for Jan 11-14, is shaping up to be among the best-attended of the trade group’s major events So far, more than 4,000 people are expected to attend However, not...
Dallas Morning News Crescent Real Estate has lined up $1704 million of financing for its purchase of 2100 McKinney, a 360,859-square-foot office building in Dallas The Fort Worth, Texas, company purchased the 19-story property from a venture of...
South Florida Business Journal A venture of Clarion Partners and Lion Gables Realty has lined up $78 million of financing to convert the former Pan American Estate Mobile Home Park in Fort Lauderdale, Fla, into a 978-unit apartment development...
South Florida Business Journal PNC Bank has provided $111 million of financing for the construction of the Caroline at Sunrise apartment complex in Sunrise, Fla Rockpoint Group is developing the 412-unit property on 212 acres at 3363 North Pine...
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.
