Development of seniors-housing units continues to fall well behind demand, driving the national occupancy rate for the sector to 899% in the second...
Morgan Stanley and Barclays Capital have provided $575 million of financing against the 823,856-square-foot office component of the 53-story Winthrop Center mixed-use building in downtown Boston The five-year loan requires only interest payments for...
Philadelphia Business Journal A venture of Clearview Hotel Capital and Oaktree Capital Management has lined up $57 million of financing for the Sofitel Philadelphia at Rittenhouse Square hotel in Philadelphia Simmons Bank provided the loan, which...
Crain’s Chicago Business A venture of RPM Living and New York Life’s real estate investment arm has paid $99 million, or $335,593/unit, for the 295-unit Everly at Yorktown Apartments in the Chicago suburb of Lombard, Ill RPM, of Austin,...
Louisville Business First An affiliate of Enfield Capital Partners has paid $59 million, or $139,150/unit, for the 424-unit East Chase Apartments in Louisville, Ky The Lincolnwood, Ill, investment firm acquired the property from Sentinel Real Estate...
Multi-Housing News Barings has provided $250 million of financing against Museum House, a 506-unit apartment property in Seattle Cushman & Wakefield secured the debt on behalf of the developers and owners, Westbank and OPTrust The new financing...
Multi-Housing News CEDARst Cos and Bridge Investment Group have secured a $468 million Fannie Mae loan against the 190-unit Nash Apartments in San Diego Greystone arranged the seven-year, fixed-rate loan, which takes out a $435 million construction...
Minneapolis/St Paul Business Journal ExchangeRight Real Estate has paid $948 million, or $12648/sf, for the 749,550-square-foot industrial property at 9800 217th St West in Lakeville, Minn, about 29 miles south of Minneapolis The Pasadena, Calif,...
CMBS loans against office properties in just five of the country's 387 metropolitan statistical areas account for a little more than one-third of all CMBS office delinquencies...
Newmark has arranged $58 million of Fannie Mae financing against Everleigh San Clemente, a 150-unit apartment property in the Southern California city of San Clemente The age-restricted property, completed in 2023, is owned by a venture of Greystar...
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