The number of enclosed shopping malls peppering the American landscape has shrunk by roughly one-third over the past 24 years What remains is bookended by solid performers and weaklings that'll probably get redeveloped CMBS holds nearly $7 billion...
South Florida Business Journal A venture of Housing Trust Group and AM Affordable Housing has lined up $775 million of financing for the construction of Artisan Pointe, a 115-unit affordable housing project in Homestead, Fla The financing consists...
General Investment and Development has paid $21575 million, or $510,047/unit, for The Commodore, a 423-unit apartment complex in Arlington, Va The Boston investment manager, commonly known as GID, purchased the 20-story property from Greystar of...
Washington Business Journal An affiliate of Goldman Sachs has paid $1423 million, or $562,451/unit, for The Milton, a 253-unit apartment building in Arlington, Va The New York investor bought the 11-story property from Kimco Realty Corp of Jericho,...
Washington Business Journal An affiliate of Columbia Sussex Corp has paid $927 million, or $274,260/room, for the 338-room Westin Arlington Gateway in the Washington, DC, suburb of Arlington, Va The Crestview Hills, Ky, hotel owner purchased the...
Philadelphia Business Journal Mitsubishi Electric Trane HVAC has agreed to lease 489,000 square feet of industrial space at 2951 Orthodox St in Philadelphia The manufacturer of heating and cooling systems leased the space from its landlord, Kurv...
South Florida Business Journal Northlink Capital has increased the construction financing for its 222-unit residential condominium project at 7200 Collins Ave in Miami Beach, Fla, to $85 million A lending group led by Deutsche Bank provided...
South Florida Business Journal A venture of Witkoff and Monroe Capital has lined up $3026 million of financing for a mixed-use project it’s developing in downtown Miami Athene Annuity and Life Co, an affiliate of Apollo Global Real Estate,...
South Florida Business Journal An affiliate of Monceau Realty has lined up $43 million of construction financing for Perrine Estates, a 192-unit apartment project in suburban Miami An affiliate of Pearlmark provided the loan to the Bay Harbor...
OakNorth Bank has provided $835 million of financing that gives Lionheart Strategic Management back leverage for part of a $1113 million loan it provided for the development of the Bridge, a 101-unit residential condominium project in Mineola, NY...
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.
