Rialto Capital Advisors this year through September has taken down the B-pieces of five CMBS conduit deals totaling $382 billion, giving it nearly 18% share of the conduit B-piece market...
Philadelphia Business Journal Posel Management Co is offering for sale a portfolio of 16 retail properties totaling 631,832 square feet in the Philadelphia area The Philadelphia company has tapped Marcus & Millichap to market the properties...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
Philadelphia Business Journal Vitrian has paid $70 million, or $23760/sf, for a 294,611-square-foot life-sciences and flex portfolio in the Philadelphia suburb of Malvern, Pa The Bethesda, Md, real estate firm acquired the properties from a venture...
A total of $34 billion of domestic, private-label CMBS was priced during the third quarter, marking the busiest third quarter since before the Global Financial Crisis It bought issuance for the year through September to $10327...
The $515 million sale of the commercial space and parking garage at the 1,639-room Palmer House Hotel in Chicago resulted in the near wipe-out of the $5768 million CMBS loan against it The space—54,136 square feet of retail space, 14,400 sf of...
New York Business Journal Sabet Group has paid $325 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan’s Turtle Bay neighborhood The New York real estate firm acquired the portfolio...
The volume of CMBS loans that are more than 30 days late with their payments increased last month by $123 billion, or 26%, to $4865 billion, according to Trepp Inc That amounts to 802% of the $60658 billion universe tracked...
Commercial Real Estate Direct Staff Report An affiliate of Keech Properties has paid $478 million, or $250,261/unit, for the 191-unit Astor at Osborn apartment property in Phoenix The Redwood City, Calif, company acquired the property, at 3300 North...
FrontRange Capital Partners has lined up $7483 million of Freddie Mac financing against the 220-unit EVO St Petersburg apartment property in St Petersburg, Fla Walker & Dunlop arranged the fixed-rate loan on behalf of the Denver private equity...
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.
