The Denver metropolitan statistical area is the 14th largest apartment market in the country by number of units But it's among the most distressed, at least when measured by the percentage of securitized loans that are on servicer watchlists...
Commercial Property Executive Logistics Property Co has paid $58 million, or $8097/sf, for a 716,318-square-foot warehouse at 1401-1465 West Normantown Road in Romeoville, Ill The Chicago developer acquired the industrial property from Heitman,...
A total of $116 billion of the $63582 billion universe of securitized multifamily loans is delinquent That amounts to a delinquency rate of only 182% But the delinquencies aren't evenly distributed among securitization...
OakNorth and Hickory CRE Lending have provided $378 million of financing to fund the redevelopment of the 69,754-square-foot office property at 3333 K St NW in Washington, DC’s Georgetown area into a residential condominium property The...
Crain’s Chicago Business Arnel has paid $32 million, or $470,588/unit, for Maeve on Ridge, a 68-unit apartment property in Evanston, Ill The local investor acquired the five-story building, at 1555 Ridge Ave, from Michigan Avenue Real Estate...
Bravo Property Trust has provided $80 million of financing to fund the construction of a 194-unit apartment building at 2201 Third Ave in Manhattan’s East Harlem section The 22-story building, at 120th Street, four blocks from Marcus Garvey...
Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
Dwight Capital has provided $34 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 160-unit Reserve at Willow Ridge apartment property in Lancaster, Pa The loan allowed the property’s...
Cincinnati Business Courier InSite Real Estate has paid $5595 million, or $4054/sf, for the 138 million-square-foot industrial property at 3500 Salzman Road in Monroe, Ohio, a suburb of Cincinnati The Oak Brook, Ill, real estate firm acquired the...
Commercial Real Estate Direct Staff Report An affiliate of family-office platform Cambridge Five Capital has paid $40 million, or $186,916/room, for the 214-room Tarrytown House Estate boutique hotel in the Westchester County, NY, village of...
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