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Commercial Real Estate Direct Staff Report Northmarq has written a $26 million Fannie Mae loan against the 360-unit Diamond Sands Apartments in Las Vegas The 10-year loan requires only interest payments for its entire term and pays a fixed coupon of...
Trinity Financial, which is redeveloping the historic Aeolian Co building in Meriden, Conn, into 82 apartment units, has lined up a total of $784 million of equity and debt financing for the project KeyBank led the financing Its Community...
Bravo Capital has originated a $578 million loan under the US Department of Housing and Urban Development’s 223(f) program for the 200-unit Ithacan Residences apartment property in Ithaca, NY Loans under the program typically are written to...
Commercial Property Executive Voya Investment Management has provided $67 million of financing to facilitate LM Real Estate Partners’ purchase of the Premier Distribution Center, a 14 million-square-foot industrial complex in Charlotte, NC LM,...
Construction got started on 74,000 multifamily units in the first quarter, down 398 percent from the 123,000 multifamily construction starts in the first quarter of 2023, according to the US Census Bureau The first quarter's volume is the lowest...
PincusCocom Northwestern Mutual Life Insurance has provided a $165 million loan against the 387-unit Capitol Chelsea apartment property at 776 Sixth Ave in Manhattan’s Chelsea neighborhood The 37-story property is owned by JPMorgan Asset...
The Real Deal Barclays Capital has provided $290 million of financing against the 512-room TWA Hotel at John F Kennedy International Airport in Queens, NY The property is owned by MCR Hotels of New York The financing provided retires the $270...
Crain’s New York Business The CMBS loan against 731 Lexington Ave, a 13 million-square-foot office building in midtown Manhattan that serves as Bloomberg’s headquarters, has been extended through October The loan, with a $500 million...
REBusiness Online MBP Capital Partners has lined up $229 million of financing against Barcelona on Chisolm Trail, a 248-unit apartment property in Fort Worth, Texas Greystone arranged the financing, which consists of a $195 million bridge loan from...
REBusiness Online Gortikov Capital has arranged $101 million of financing against the Clarendon, a 335-unit apartment property in Woodland Hills, Calif The financing has a two-year term and pays a floating rate It was provided by an unnamed debt...
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© 2023 Commercial Real Estate Direct All rights reserved..
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