Albany Business Review Centers Health Care Network has sold a portfolio of three nursing homes and rehabilitation centers with a total of 332 beds in the Albany, NY, area for $331 million The Bronx, NY, company sold the properties to Lakewood,...
Fannie Mae funded 669 multifamily loans with a balance of $171 billion during the first quarter, up nearly 45% from the $118 billion it funded a year ago The latest quarter’s volume increased the housing-finance agency’s book of...
Albany Business Review MLG Capital has paid $555 million, or $277,500/unit, for the Kensington at Halfmoon, a 200‑unit apartment complex in Halfmoon, NY The Brookfield, Wis, investment firm purchased the six-building property from Richbell Capital...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
New York Post Cleary Gottlieb has renewed its lease for 475,000 square feet at the 23 million-sf One Liberty Plaza office building in Lower Manhattan The law firm, which was represented by Newmark and Cushman & Wakefield, renewed for another 20...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
Boston Business Journal An affiliate of Fidelity Investments has paid $100 million, or $42017/sf, for a 238,000‑square‑foot warehouse property at 800 Salem St in the Boston suburb of Wilmington, Mass The Boston investor purchased the industrial...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $4625 million of financing against the 106-unit apartment property at 200 West Ocean Blvd in Long Beach, Calif, about 20 miles south of Los Angeles The three-year loan pays...
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.
