CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Connect CRE Broadcom has paid $325 million, or $49176/sf, for its 660,893-square-foot corporate headquarters campus in Irvine, Calif The semiconductor company acquired the property from PRP Real Assets of Washington, DC The 96-acre campus, at 15101...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
Commercial Observer Kolter Urban and BH Group have lined up $197 million of construction financing for Olana Naples Residences, a 12-unit condominium project in Naples, Fla Apollo Global Management and BDT & MSD Partners provided the debt Units...
Puget Sound Business Journal Ventas Inc has paid $2408 million, or $166,068/unit, for Arbor Village, a 145-unit seniors housing property in Kent, Wash The Chicago health care REIT acquired the property from an affiliate of KKR & Co, which bought...
South Florida Business Journal Tabani Group has paid $184 million, or $84890/sf, for a 21,675-square-foot retail building at 318-330 Lincoln Road in Miami Beach, Fla The Dallas company acquired the property from an affiliate managed by local...
Tampa Bay Business Journal Porter Development of Clearwater, Fla, has lined up $635 million of financing for Azalea Cay, a planned 1,056-unit apartment complex in St Petersburg, Fla Valley National Bank provided the loan The developer also received...
The Chapter 7 bankruptcy of Sonder Holdings Inc, a provider of short-term apartment rentals, is creating idiosyncratic distress among a number of properties financed through the CMBS market that were reliant on the company's...
Commercial Real Estate Direct Staff Report A venture of Grand Peaks and PCCP has acquired the 424-unit West End District apartment property in the Portland, Ore, suburb of Beaverton, Ore The purchase price could not be learned immediately But the...
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