Commercial Real Estate Direct Staff Report The GGP Retail operation of Brookfield Corp has lined up a $125 million mortgage against its Clackamas Town Center shopping mall in the Portland, Ore, suburb of Happy Valley, Ore The five-year loan, from an...
Commercial Observer Citigroup has provided $28 million of financing against the 174,000-square-foot office property at 1530 Wilson Blvd in Arlington, Va Jemal Equities owns the 10-story building, which it bought in October 2025 for $28 million from...
Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is...
Philadelphia Business Journal A venture of Westport Capital Partners and Ajax Partners has paid $505 million, or $15538/sf, for a 325,000-square-foot flex industrial property at 500 Virginia Drive in Fort Washington, Pa Westport, of Darien, Conn,...
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...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
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...
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...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
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