Northwestern Mutual has provided $123 million of financing against the Anson, a 268-unit apartment property in Burlingame, Calif, a southern suburb of San Francisco The five-year loan was arranged by Marcus & Millichap’s Institutional...
Commercial Property Executive Genworth Financial has provided a $495 million loan against Infor Commons, a 436,478-square-foot office property in St Paul, Minn The financing allows the owner, Frauenshuh of Minneapolis, to retire a $495 million...
Atlanta Business Chronicle Arden Logistics Parks has lined up $838 million in acquisition financing for an 11-building industrial portfolio totaling more than 658,000 square feet in Gwinnett County, Ga Argentic provided the floating-rate loan, which...
Seven Hills Realty Trust has originated a $227 million loan against Sugar Land Medical Plaza, a 120,596-square-foot medical office property in Sugar Land, Texas The loan has a three-year term but comes with a pair of one-year extension options...
Phoenix Business Journal Microsoft has paid $130 million for a 100-acre development site in Goodyear, Ariz, about 27 miles west of Phoenix The tech giant acquired the property from First Industrial Realty Trust The site, at North Citrus and West...
Northmarq has provided $6083 million of Fannie Mae financing against the 216-unit Spruce apartment property in Seattle The five-year loan pays a fixed-rate coupon and amortizes on a 35-year schedule It allows the owner of the property, Madison...
The Commercial Real Estate Finance Council’s annual conference got underway at Manhattan’s Marriott Marquis hotel this morning, with some 1,200 people in attendance One of the initial takeaways: don’t count on capitalization-rate...
Blue Owl Capital has provided $975 million of financing against Project Helios, a newly constructed data center in Gainesville, Va, which is 34 miles west of Washington, DC The loan was arranged by Newmark on behalf of the property owner, a venture...
Philadelphia Business Journal Buccini Pollin Group has lined up $703 million of financing for The Press, a 243-unit apartment property in downtown Wilmington, Del HPS/BlackRock provided the loan, which retired construction financing that included a...
Commercial Real Estate Direct Staff Report A venture of New York Life Investment Management, Donaldson Impact Investments, and Housing Initiative Partnership has paid $794 million, or $243,558/unit, for Yorkshire Apartments, a 326-unit apartment...
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