Commercial Real Estate Direct Staff Report Deutsche Bank has filed a foreclosure suit against the owner of the 500,000-square-foot Kaufman Astoria Studios Campus in Queens, NY The bank provided $340 million of mortgage financing to fund the...
Bisnow WC Smith has paid $698 million, or $298,290/unit, for the 234-unit Albemarle apartment property in Washington, DC The local investor acquired the property from AvalonBay Communities of Arlington, Va, which had owned it since 2013 The most...
The Wall Street Journal Dalian Development has paid $24 million, or $2553/sf, for the 940,000-square-foot office building at 301 7th St SW in Washington, DC, and is planning to convert it into apartments The Washington developer acquired the vacant...
South Florida Business Journal CIM Real Estate Credit has filed a foreclosure suit against the owner of the Goodtime Hotel in Miami Beach, Fla The 266-room property, at 601 Washington Ave, serves as collateral for a $164 million mortgage that the...
Bisnow Turio Residential Co has paid $16 million, or $238,805/unit, for the 67-unit Vicino apartment building at 1324 North Capitol St NW in the NoMa section of Washington, DC The Philadelphia investor, led by Gianni Parente, former managing...
Commercial Real Estate Direct Staff Report Romspen Holdings Inc has placed the $54 million stalking horse bid for the equity interest in the entity that owns the former Motorola campus in Austin, Texas Bids are due today The property, which sits on...
Crain’s New York Business The five CMBS trusts that hold portions of a $215 million mortgage against 681 Fifth Ave in Midtown Manhattan took title to the 82,573-square-foot mixed-use building at a foreclosure auction on Tuesday The property...
South Florida Business Journal Emerald Creek Capital has filed a foreclosure lawsuit against the owner of the 81-unit Hillsboro Beach Resort in Hillsboro Beach, Fla, about eight miles southeast of Boca Raton, Fla The New York lender provided $26...
Philadelphia Business Journal PMC Property Group, which is converting parts of two office buildings in Philadelphia into apartments, has agreed to buy the 176 million-square-foot Centre Square office building and is expected to pursue a similar...
Commercial Real Estate Direct Staff Report BDT & MSD Partners, which holds a loan with a $165 million total commitment that it provided in 2022 to fund the construction of a 380-unit apartment property at 44-02 Vernon Blvd in the Long Island...
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