Simon Property Group, which owns 178 mall and outlet properties, was quite busy last year addressing debt maturities, completing $9 billion of deals, including $7 billion of mortgage refinancings and...
South Florida Business Journal A venture led by Spira Equity Partners has paid $505 million, or $168,333/unit, for the Falls of Bonaventure, a 300-unit affordable housing complex in Weston, Fla The Vancouver, British Columbia, company teamed with...
Commercial Real Estate Direct Staff Report Fannie Mae funded $261 billion of multifamily loans during the final quarter of 2025, bringing full-year volume to $74 billion The annual volume is a 34% increase from 2024, when the housing-finance agency...
Commercial Observer Morgan Stanley has provided a $99 million loan against the 278-room InterContinental Hotel at 801 Wharf St SW in Washington, DC Newmark arranged the financing The property, developed in 2017, is owned by CarrAmerica Realty Corp...
Multi-Housing News Z Modular has lined up $623 million of bridge financing against the Flatz 512, a 384-unit apartment complex in San Marcos, Texas A venture of Castle Lanterra and InterVest Capital Partners originated the loan, which is being used...
Morningstar DBRS has sharply downgraded the two most senior classes of the CMBS deal that holds a $16142 million mortgage against nine office properties with 139 million square feet owned by a Brookfield Asset Management-sponsored fund It downgraded...
Hull Property Group has acquired the Dayton Mall in Dayton, Ohio, for $37 million, resolving a long-troubled CMBS loan that had a $2078 million balance at the time of the retail property's purchase The transaction resulted in an $115 million loss to...
BDT & MSD Partners and an affiliate of Apollo Global Management have provided $86 million of financing to fund the construction of the 316-unit apartment building that comprises the first phase of the District mixed-use complex in Round Rock,...
Commercial Observer CBRE has provided $96 million of Freddie Mac financing against the 360-unit Prospect Place apartment complex in the northern New Jersey city of Hackensack The two-building property, at 300-310 Prospect Ave, is owned by Khosla...
South Florida Business Journal Azora Private has bought the 55,000-square-foot office building at 3480 Main Highway in Coconut Grove, Fla, for $61 million, or $1,109/sf The local investment firm purchased the five-story property from a venture of...
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.
