Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
Commercial Real Estate Direct Staff Report The 278 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million It marks the third time the 83-story building – the third tallest in the city after...
The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture...
South Florida Business Journal Tabani Group has paid $2573 million, or $1,080/sf, for the 23,824-square-foot Wynwood Jungle retail property in Miami The Dallas investor acquired the two-story shopping center from an affiliate of local real estate...
Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St in Brooklyn, NY, has been reappraised at a value of only $231 million, contributing to Morningstar DBRS’ downgrade of five principal-paying classes...
Washington Business Journal GoodHomes Communities has paid $35 million, or $187,166/unit, for the Arlington Court Suites, a 187-room hotel in the Washington, DC, suburb of Arlington, Va The New York investment firm purchased the property from an...
Four Mile Capital, in partnership with Midloch Investment Partners, has paid $3825 million, or $180,424/unit, for the 212-unit Frontgate Apartments in Louisville, Ky Four Mile, of Louisville, Colo, and Midloch, of Chicago, acquired the property from...
Pacific Life Insurance Co has provided $1246 million of financing against the 363-unit Arthur on Aberdeen apartment property in Chicago’s Fulton Market neighborhood JLL Capital Markets arranged the three-year loan on behalf of the two-year-old...
OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors’ purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, NC As reported, the Minnetonka, Minn,...
A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 145 million-square-foot property, according...
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.
