South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla SBH Group arranged the loan on behalf...
South Florida Business Journal Canyon Partners has provided $123 million of construction financing for Adela II at MiMo Bay, a 337-unit apartment project in Miami’s Upper Eastside neighborhood Asia Capital Real Estate of Ponte Vedra, Fla,...
Commercial Real Estate Direct Staff Report Morgan Stanley and Goldman Sachs are providing $360 million of mortgage financing against the 495,275-square-foot Lyrik office property in Boston’s Back Bay neighborhood The five-year loan will allow...
NewPoint Real Estate Capital LLC has provided a $49 million mortgage against the 288-unit Evolve at the Pines Apartment Homes in Greenville, NC The two-year loan has a relatively short term and is designed to allow the property’s developer,...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
JLL Capital Markets has arranged $5575 million of financing to facilitate Hines’ purchase of Tempo at Riverpark, a 235-unit apartment property in Oxnard, Calif An unnamed bank provided the five-year loan for Hines, which bought the property...
Commercial Observer Apple Bank has provided $42 million of financing against the 510,000-square-foot Nelson Tower office building at 450 Seventh Ave in Midtown Manhattan The loan, arranged by JLL Capital Markets, allowed the property’s owner,...
Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030 The loan, securitized through WFRBS Commercial Mortgage Trust,...
PCCP has provided $925 million of senior construction financing for the 336-unit Emi on 50 apartment property in Orlando, Fla The property, at 1840 East Colonial Drive, is being developed by Terian Dedvelopment of Maitland, Fla, within the Mills 50...
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