PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
Illumio Inc has agreed to lease 120,000 square feet at Campus at Scott, a three-building office property in Santa Clara, Calif The cybersecurity company was represented by JLL, while Newmark represented the owner, a venture of Ellis Partners and...
Commercial Real Estate Direct Staff Report The Macerich Co venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property’s $13174 million mortgage when it matured last month The loan, securitized...
Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore Guardian, of Portland, and PCCP, of Los Angeles, acquired the...
The Real Deal KDC has lined up $400 million of construction financing for AT&T’s planned corporate headquarters campus in the Dallas suburb of Plano, Texas JPMorgan Chase provided the financing, terms of which were not known The 54‑acre...
Puget Sound Business Journal Premier Storage Investors has paid $51 million, or $51,000/unit, for West Coast Self-Storage, a 1,000-unit property in Bellevue, Wash The Memphis, Tenn, company acquired the self-storage facility from its developer,...
Sonnenblick-Eichner Co has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...
The US Department of Housing and Urban Development's multifamily and healthcare lending programs were on fire during the first half of the agency's fiscal year, with a total of $1095 billion of loans being originated That puts the year on track to...
Jacksonville Business Journal Redfearn Capital has lined up $48 million of financing against a portfolio of eight light industrial properties totaling 380,589 square feet in Jacksonville, Fla Prospect Ridge provided the financing The properties are...
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