The volume of CMBS loans that are classified as being delinquent declined in April by $815 million, or 178%, to $4502 billion Delinquency volumes have gyrated over the past 12 months, climbing in six months and declining in another...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
Philadelphia Business Journal MRP Realty is offering for sale The Griffin, a 217‑unit apartment building in downtown, or Center City, Philadelphia The Washington, DC, company bought the property in 2014 for $33 million from Ashkenazy Acquisition...
Triangle Business Journal Momentum Real Estate Partners has paid $871 million, or $323,792/unit, for the University Hill Apartments, a 269‑unit complex in Durham, NC The Miami company purchased the four‑story building from Hawthorne Residential...
South Florida Business Journal An affiliate of D&F Development Group has bought the Prestige at Palm‑Aire, a 39‑unit townhome rental community in Pompano Beach, Fla, for $259 million, or $664,103/unit The Singer Island, Fla, company acquired...
South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla, for $180 million, or $534,125/unit The New York company purchased the 36-story property from its...
Nashville Business Journal Local developer Tony Giarratana is offering for sale the Alcove, a 356-unit apartment building in downtown Nashville, Tenn Newmark has the listing for the 34-story building at 900 Church St The property comes to market...
Commercial Property Executive Constellation Real Estate Partners is starting work this month on a 251,162-square-foot industrial project at 7351 Muck Pond Road in Dover, Fla, about 21 miles east of Tampa International Airport The Houston company...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
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