Washington Business Journal KBS REIT III is offering for sale 3001 and 3003 Washington Blvd, a pair of office buildings totaling 305,890 square feet in Arlington, Va The Newport Beach, Calif, REIT has tapped Newmark to market the buildings, about...
The venture of Rabina and New Blueprint Partners that’s developing the VIC apartment property in Vancouver, Wash, has lined up $75 million of construction financing for the 250-unit project The loan was arranged by JLL Capital Markets The...
Commercial Real Estate Direct Staff Report The $13598 million CMBS loan against the Poughkeepsie Galleria shopping mall in suburban New York has once again transferred to special servicing It marks the second time the loan has been in special...
Baltimore Business Journal Reisterstown Shopping Center in the Baltimore suburb of Reisterstown, Md, has changed hands for $406 million, or just more than $266/sf The 159,522-square-foot property, at 11989 Reisterstown Road, was purchased by a...
San Antonio Business Journal Gresham James Hotels has lined up $165 million of financing for its acquisition of the 128-room Home2 Suites by Hilton San Antonio Riverwalk at 603 Navarro St in San Antonio The lender, seller, and purchase price were...
Commercial Real Estate Direct Staff Report The Vornado Realty Trust venture that owns the 194,000-square-foot office building at 61 Ninth Ave in Manhattan’s Chelsea neighborhood has lined up a $161 million mortgage from UBS Vornado owns the...
Dwight Capital has originated a $130 million loan under the US Department of Housing and Urban Development’s 223(f) program against the 358-unit Gardens Residences in downtown North Miami The loan allowed the property’s developer, Omega...
Philadelphia Business Journal A venture of Finmarc Management and KPR Centers is offering for sale Providence Town Center, a 760,000‑square‑foot shopping center in Collegeville, Pa CBRE has the listing for the retail property, which sits on an...
Washington Business Journal The NHP Foundation has paid $537 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md, about 25 miles northwest of downtown Washington, DC The New York nonprofit...
Charlotte Business Journal Miramar Capital has paid $558 million, or $315,254/unit, for a pair of build‑to‑rent townhome communities with a total of 177 units in Charlotte, NC The Los Angeles investment firm purchased the properties from Hopper...
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.
