Commercial Real Estate Direct Staff Report Hull Property Group, which four years ago acquired the former Westfield Citrus Park mall in Tampa, Fla, has paid off the property’s $12138 million CMBS loan The loan was one of four remaining in the...
New York Life Insurance Co has provided $386 million of mortgage financing against the 750,000-square-foot office building at 200 Madison Ave in Manhattan’s Grand Central area The floating-rate loan, which has a three-year term and two...
Commercial Observer Dwight Investment Management, an affiliate of Dwight Capital, has provided $42 million of bridge financing against 1720 at Harvey, a 288-unit apartment complex in College Station, Texas Partin Development owns the property, which...
Assouline-Busch Capital, which is redeveloping the former Red South Beach hotel in Miami Beach, has lined up $89 million of financing for the effort The family office, formed by the Assouline book-publishing family, and the Busch family of...
Dallas Business Journal Regent Properties has lined up $406 million of financing against Trammell Crow Center, a 12 million-square-foot office building in downtown Dallas Wells Fargo and Morgan Stanley provided the five-year loan, which pays a fixed...
An Infrascale Systems venture has secured $116 million of commercial property assessed clean energy, or C-PACE, financing for the conversion of a vacant 113,406-square-foot industrial property at 6001 West Campus Circle Drive in Irving, Texas, into...
Voya Investment Management has provided $293 million of financing against Chapman Market, a 41,241-square-foot retail property in Los Angeles’ Koreatown neighborhood Northmarq arranged the loan on behalf of the property’s owner, Arc...
Multi-Housing News TruAmerica Multifamily has acquired Bridges at San Ramon, a 200-unit apartment complex in the San Francisco Bay Area town of San Ramon, Calif The Los Angeles investment manager bought the property from Acacia Capital, which...
Commercial Property Executive Ambrose Property Group has sold a 233,348-square-foot industrial building within the Indianapolis Logistics Park in the Indianapolis suburb of Whitestown, Ind, for $376 million, or $16113/sf The local developer was...
Commercial Observer Corebridge Financial has provided $180 million of financing against the 1,201-bed Terrazul student-housing property in Sweetwater, Fla, near the campus of Florida International University A venture of Adam America Real Estate and...
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.
