The major mortgage REITs, which originated nearly $50 billion of commercial mortgages in 2021, originated $225 billion of loans last year While far off the record volume of five years ago, it's roughly four times 2024's total...
North River Partners and Amzak Capital Management have provided $685 million of financing for the development of the 215-unit Flats Flagler Gateway apartment property in Fort Lauderdale, Fla The 12-story property is being developed on a 146-acre...
AZ Big Media Creation Equity has paid $1805 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz The Phoenix developer is planning to build a 699,700-square-foot industrial property on...
South Florida Business Journal Related Group and BH Group have lined up $360 million of financing for the construction of the Icon Beach Waterfront Residences in Hollywood, Fla Tyko Capital of New York provided the loan Groundbreaking is scheduled...
Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029 But to win the modification, the...
The venture that owns the 281-room Hotel Cala along the Hillsborough River in Tampa, Fla, has lined up $9436 million of mortgage financing against the property, the former Sheraton Tampa Riverwalk The loan, arranged by Newmark, was provided by...
Chatham Financial has struck a deal to acquire Hodes Weill & Associates, broadening its service offerings to the investor community The acquisition is slated to be completed by the end of June, with Hodes Weill’s co-founders David Hodes...
Commercial Real Estate Direct Staff Report Meidinger Tower, a 332,129-square-foot office building in downtown Louisville, Ky, is being sold for $45 million to Indianapolis developer KennMar The transaction, which has been approved by a circuit court...
Triangle Business Journal Capital Square has lined up $105 million of floating‑rate financing against the Maeve, a 297‑unit apartment building in downtown Raleigh, NC TPG Real Estate Finance provided the interest‑only bridge loan, which is...
A venture of Seefried Industrial Properties and Clarion Partners is planning to break ground this summer on a 264,880-square-foot industrial property on a recently acquired 15-acre development site at 4950 West 1100 South in Salt Lake City The...
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.
