BlackRock Inc’s HPS Investment Partners unit has provided $101 million of financing against the 308-unit RISE at Glen Kernan Park active-adult apartment property in Jacksonville, Fla The floating-rate loan, with a three-year term that can be...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Tampa Bay Business Journal Crow Holdings has paid $23 million, or $29935/sf, for Trinity Village Center, a 76,834-square-foot retail center in Trinity, Fla, about 26 miles northwest of Tampa, Fla The Dallas real estate investment firm purchased the...
The venture that bought the 351-room Hyatt Regency Jersey City hotel four years ago is in talks with its CMBS lenders over a potential modification of the property's $100 million...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Property investor Stockdale Capital Partners has launched a credit platform and plans to lend as much as $300 million in the coming year The Los Angeles investment manager, best known for its opportunistic and value-add investments, has hired Alec...
Orlando Business Journal National Healthcare Properties Inc has paid $675 million, or $767,045/unit, for Sonata East at Viera, an 88-unit independent-living community in Viera, Fla The New York company acquired the seniors-housing property from an...
South Florida Business Journal The Mount Vernon Co has paid $6685 million, or $32158/sf, for Promenade Plaza, a 207,877-square-foot shopping center in Palm Beach Gardens, Fla The Boston real estate firm acquired the property from an affiliate of...
Dwight Investment Management has provided $130 million of bridge financing against the 389-unit Saiya apartment property in downtown Phoenix The 23-story building, at 802 North 1st Ave, is in the city’s Roosevelt Row area, also known as the Ro...
Commercial Real Estate Direct Staff Report Regions Bank has provided $9955 million of financing to help fund Fairbourne Properties’ $122 million, or $17429/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago...
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