South Florida Business Journal An affiliate of Kolter Multifamily has lined up $917 million of construction financing for Alton Delray, a 386-unit apartment project in Delray Beach, Fla A lending group led by US Bank provided the loan Kolter, of...
The BHI unit of Bank Hapoalim has provided $200 million of financing against the unsold residential condominium unit inventory of the 145-unit Malabar Residences in Manhattan The 29-story luxury condominium building, at 126 East 57th St, is nearing...
Dwight Capital has provided $66 million of financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 312-unit Lariat at Abilene apartment property in Abilene, Texas The property is being...
Minneapolis/St Paul Business Journal Real Capital Solutions has paid $34 million, or $11003/sf, for the 309,000-square-foot office building at 3701 Wayzata Blvd in Minneapolis The Louisville, Colo, investor acquired the property from Opus, of...
Crain’s Chicago Business Jamp Hotels has paid $305 million, or $127,615/room, for the 239-room La Quinta Inn & Suites hotel in Chicago The local hospitality investor acquired the property, at 1 South Franklin St, from Highgate and Cerberus...
Commercial Real Estate Direct Staff Report Denver’s Wells Fargo Center office building continues to face declining occupancy, which has contributed to another drop in its appraised value The 52-story building, at 1700 North Lincoln St, was...
The major public mortgage REITs originated $52 billion of commercial real estate loans during the first quarter But their collective portfolios shrunk by 1% to $8237...
Commercial Real Estate Direct Staff Report An affiliate of Treeline Partners has acquired the 220-unit Monaco South apartment property in Denver The purchase price could not be learned immediately The property was appraised this year at a value of...
Access Point Financial has provided $2925 million of short-term financing against three hotels with 274 rooms owned by American Hotel Income Properties REIT It’s the second time that Access Point, of Atlanta, has provided financing against...
Bass Pro Shops has agreed to buy the 254-room Cheeca Lodge & Spa fishing and sporting resort in the Florida Keys village of Islamorada, Fla The Springfield, Mo, retailer, formally BPS Direct, operates 181 sporting good stores under the Bass Pro...
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