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Home > Long Island, N.Y., Retail Property Sells for $41Mln; PCCP Lends $36Mln
Rentvcom PCCP has provided $392 million of financing against California Crossing, a two-building industrial property with 450,000 square feet in San Diego JLL arranged the debt on behalf of the property’s owner, a venture led by Sudberry...
An affiliate of Inland Real Estate Group has paid $190 million, or $650,694/unit, for the 292-unit Arboretum apartment property in the Long Island, NY, village of Farmingville, NY The Oak Brook, Ill, investment manager acquired the property from its...
OakNorth Bank, which funded roughly $14 billion of loans against commercial properties in the US last year, is gearing up to more than double that volume in 2026 The online bank, based in the United Kingdom, has only been lending in the US since...
Dwight Capital, among the leading lenders under the US Department of Housing and Urban Development’s multifamily and healthcare lending programs, has purchased Midland States Bank’s HUD seniors housing servicing portfolio The...
Commercial Observer Just months after signing a lease at 1285 Ave of the Americas in Midtown Manhattan, Latham & Watkins has expanded its office footprint by 131,354 sf, to 251,354 sf The law firm signed for 120,000 sf last July The 18...
Commercial Observer The venture of RXR Realty and One Investment Management that owns 61 Broadway in Lower Manhattan has lined up $475 million of capital to fund the 786,985-square-foot office building’s conversion into 796 apartments Apollo...
Philadelphia Business Journal PMC Property Group, which is converting parts of two office buildings in Philadelphia into apartments, has agreed to buy the 176 million-square-foot Centre Square office building and is expected to pursue a similar...
Rentvcom Warren Resort Hotels has paid $225 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif The Santa Maria, Calif, company acquired the property, at 109 Bath St, from Ed St George, a local...
Nashville Business Journal InvenTrust Properties has paid $88 million, or $11733/sf, for the 750,000-square-foot Nashville West Shopping Center in Nashville, Tenn The Downers Grove, Ill, REIT purchased the retail property from Manova Partners of...
South Florida Business Journal Sagard Real Estate has purchased the 186,731-square-foot industrial building at 11102 NW South River Drive in Medley, Fla, for $51 million, or $27312/sf The Denver company bought the property from an affiliate of...
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