Lending under the US Department of Housing and Urban Development's various multifamily and healthcare property programs increased by more than half during its last fiscal year to $1576...
Charlotte Business Journal Alta Peak Capital has bought the 73,343-square-foot Salt + Vinegar office and retail property in Charlotte, NC, for $24 million, or $32723/sf The local company purchased the building from White Point Partners, also of...
PNC Bank has provided $2428 million of financing for the construction of Ravine Ridge, a 138-unit apartment property in Port Orchard, Wash The property is being developed by Legacy Partners and Silverpeak Real Estate Partners at 2864 Harold Drive...
South Florida Business Journal Dermot Co has bought the 340-unit Quaye Apartments in Palm Beach Gardens, Fla, for $1318 million, or $387,647/unit The New York company purchased the property from an affiliate of PGIM Real Estate of Newark, NJ, which...
Atlanta Business Chronicle UBS Realty Investors has bought SkyHouse Buckhead, a 362-unit apartment building in Atlanta for $834 million, or $230,387/unit The Hartford, Conn, company purchased the 26-story property from Novare Group, an Atlanta...
First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind The three-year loan was arranged by Maverick Commercial Mortgage...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $778 million, or $232,238/unit, for the Ridge and the Shores, two adjacent apartment properties with 335 units in the Seattle suburb of Federal Way, Wash The Salt Lake City...
Greystone has provided a total of $8093 million of debt and equity against a portfolio of 10 affordable housing apartment properties with 640 units in rural regions of North Carolina The New York lender provided $5252 million of mortgage financing...
Commercial Real Estate Direct Staff Report Hamilton Zanze has paid $75 million, or $234,375/unit, for the 320-unit Fairways on Green Valley apartment property in the Las Vegas suburb of Henderson, Nev The San Francisco investment manager acquired...
Commercial Observer A venture of AM Property Holding Corp and DelShah Capital has agreed to pay $1357 million, or $35995/sf, for the 377,000-square-foot CitySpire office building at 156 West 56th St in Midtown Manhattan It’s buying the...
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.
