Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029 But to win the modification, the...
The venture that owns the 281-room Hotel Cala along the Hillsborough River in Tampa, Fla, has lined up $9436 million of mortgage financing against the property, the former Sheraton Tampa Riverwalk The loan, arranged by Newmark, was provided by...
Despite the 396 million square feet of negative absorption recorded during the first quarter, the worst might be over for the national office...
South Florida Business Journal CedarSt Cos has lined up $56 million of construction financing for a 215‑unit apartment project that it’s building at 745 North Andrews Ave in Fort Lauderdale, Fla Amzak Capital Partners of Minneapolis provided...
Chatham Financial has struck a deal to acquire Hodes Weill & Associates, broadening its service offerings to the investor community The acquisition is slated to be completed by the end of June, with Hodes Weill’s co-founders David Hodes...
Commercial Real Estate Direct Staff Report Meidinger Tower, a 332,129-square-foot office building in downtown Louisville, Ky, is being sold for $45 million to Indianapolis developer KennMar The transaction, which has been approved by a circuit court...
Triangle Business Journal Capital Square has lined up $105 million of floating‑rate financing against the Maeve, a 297‑unit apartment building in downtown Raleigh, NC TPG Real Estate Finance provided the interest‑only bridge loan, which is...
Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co on behalf of the property’s owner,...
Columbus Business First Saxum Real Estate has paid $70 million, or $15045/sf, for the 465,256-square-foot industrial property at 5303 Fisher Road in Columbus, Ohio The Summit, NJ, developer acquired the property from a limited liability company that...
Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St, near the foot of the Williamsburg Bridge in Brooklyn, NY The four-story building was constructed in 1891 as 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.
