New York Business Journal Spear Street Capital has paid $505 million, or $1,364/sf, for the 37,000-square-foot office building at 74 Eighth Ave in the West Village area of Manhattan The San Francisco investment manager bought the property from G4...
Commercial Observer Goldman Sachs Alternatives has provided a $1487 million bridge loan against the 188-unit Mabel apartment property at 335 Eighth Ave in the Chelsea section of Manhattan The loan, arranged by JLL, allowed the one-year-old...
Commercial Observer New Empire Corp has agreed to pay $51 million, or $70279/sf, for the 72,568-square-foot office building at 4 West 43rd St near Bryant Park in Midtown Manhattan The New York developer is buying the property from the Holy Spirit...
Oak Funding and Oak North Bank have committed to lend up to $80 million against 524,859 square feet of office space at the Latitude complex in the northern New Jersey township of Parsippany The lenders—Oak Funding is based in Jersey City, while...
Commercial Observer Scale Lending has provided $108 million of financing to fund the conversion of the 297,703-square-foot office property at 770 Second Ave in Manhattan into 140 apartment units The property, in the borough’s Murray Hill...
Dwight Capital has provided $27 million of financing under the US Department of Housing and Urban Development’s 241(a) program for the 104-unit second phase of the Ventana at Canyon West apartment property in Lubbock, Texas The property...
The Real Deal Mark Epstein has tapped Newmark has been hired to market for sale the 60,000-square-foot office property at 515 Greenwich St in the Hudson Square area of Manhattan The property, which includes air rights, could potentially be converted...
Commercial Real Estate Direct Staff Report The $28772 million CMBS loan against the Bridgewater Commons shopping mall in northern New Jersey has been paid down to $23888 million, facilitating its extension through November The loan, with an original...
While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $427 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE...
South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla SBH Group arranged the loan on behalf...
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