Commercial Real Estate Direct Staff Report Square Deal Investment Management has tapped JLL to secure financing against Indianapolis’ Salesforce Tower, a 11 million-square-foot office property The building backs a $108 million CMBS loan that...
A total of 35 CMBS loans with a balance of $271 billion were transferred to special servicers last month But they worked out $149 billion of loans during that time, so the net increase in special servicing volumes was $122...
Commercial Real Estate Direct Staff Report A venture of Cohen & Steers Income Opportunities REIT Inc and Phillips Edison & Co has paid $5385 million, or $20280/sf, for the 265,530-square-foot Oracle Crossings retail property just north of...
Orlando Business Journal Broad & Cherry LLC has bought the 15,600-square-foot retail building at 408 Broadway in Nashville, Tenn, for $46 million, or $2,949/sf The Winter Garden, Fla, company purchased the property from Deville Corp of North...
South Florida Business Journal An affiliate of Neology Group has paid $24 million, or $51197/sf, for a 46,872-square-foot warehouse property in Miami The local developer acquired the industrial building from a company managed by the Rubell family,...
Triangle Business Journal An affiliate of Four Front Realty Partners has paid $18 million, or $9524/sf, for Henderson Pointe, a 189,000-square-foot shopping center in Henderson, NC The Columbus, Ohio, company bought the retail property from BRF III...
San Antonio Business Journal Scenic Capital Advisors has lined up $368 million of financing for its acquisition of the 367-rpp, Marriott San Antonio Airport hotel Frost Bank provided the loan Scenic Capital, of Austin, Texas, purchased the property...
Commercial Real Estate Direct Staff Report Argentic Real Estate Finance has provided $67 million of senior financing against the Westroads Mall in Omaha, Neb The loan, along with a $12 million mezzanine loan funded by Principal Life Insurance Co,...
REBusiness Online Bluhm Family Foundation has broken ground on Marisol, a 214-unit seniors-housing property in Huntington Beach, Calif The Chicago company is building the property at 2120 Main St, about 35 miles south of Los Angeles The project has...
Multi-Housing News Affinius Capital has provided $120 million of financing against the 302-unit Elowen apartment property in San Diego JLL arranged the debt on behalf of the local developer and owner, AAA Management The property was developed with...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
