Rentvcom Longpoint Partners has paid $3465 million, or $25366/sf, for Eastpoint I & II, a two-building industrial property with 136,600 square feet in Chandler, Ariz The Boston investment manager bought the property, at 3191 North Washington St...
Silicon Valley Business Journal Fabrinet has paid $769 million, or $34178/sf, for the 225,000-square-foot office property at 2903 and 2933 Bunker Hill Lane, as well as 5200 Great America Parkway within the Grand America Place complex in Santa Clara,...
Freddie Mac funded $18 billion of multifamily mortgages during the second quarter, a 50% increase from the $12 billion it funded during the same period a year ago The latest quarter brings the housing-finance agency’s lending activity for the...
Slate Property Group has raised up to $1 billion under a separately managed account that it will invest in lower-leverage senior construction and bridge loans against apartment properties Slate is a New York investment manager that has completed...
Fannie Mae funded $142 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year The housing-finance agency funded $171 billion of loans in the first quarter, so its lending activity for the first...
CMBS loans against enclosed shopping malls that were written in 2016 or before then have a 963% delinquency rate, while those written in 2017 and later have nearly zero...
Crain’s Chicago Business A venture led by investor Jonathan Holtzman is offering for sale the Fisher Building, a 184-unit apartment property in Chicago The venture, which has held an ownership stake in the property since 1999, hired CBRE to...
A group of lenders led by Wells Fargo Bank has provided $12 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave in Midtown Manhattan The 46-story building, which will have direct access to...
Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
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.
