Charlotte Business Journal The buzz is Sumitomo Mitsui Banking Corp is nearing a deal for 200,000 square feet of office space at 301 South College, a 994,000-sf property in downtown Charlotte, NC The Tokyo-based financial services company would be...
Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St in Seattle The five-year loan was arranged by Cushman & Wakefield on behalf of the property’s...
Orlando Business Journal An affiliate of Agree Realty Corp has paid $241 million, or $20580/sf, for the 117,103-square-foot retail building occupied by BJ’s Wholesale Club in Kissimmee, Fla The Farmington Hills, Mich, REIT purchased the property...
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...
South Florida Business Journal RK Centers has paid $375 million, or $41640/sf, for the Turtle Crossing shopping center in Coral Springs, Fla The Sunny Isles Beach, Fla, company purchased the 90,057-square-foot retail property from Crow Holdings of...
Charlotte Business Journal Anchor Health Properties has bought the 151,993-square-foot Azalea Building in Charlotte, NC, for $595 million, or $39147/sf The Charlottesville, Va, company purchased the office property from The Harris Land Co of...
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...
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...
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.
