Crain’s Chicago Business An affiliate of Community America Credit Union has filed a $236 million foreclosure lawsuit against the owner of the 11 million square-foot office property at 35 West Wacker Drive in downtown Chicago The credit union...
Commercial Real Estate Direct Staff Report Freddie Mac funded $16 billion of multifamily loans during the third quarter, down 36% from the $25 billion it funded a year ago and 11% from the $18 billion it funded in the second quarter The...
New York Business Journal Atlas Capital Group has paid $143 million, or about $558,594/unit, for the 256-unit apartment property at 360 West 43rd St in Manhattan’s Hell’s Kitchen neighborhood The local real estate firm acquired the...
Washington Business Journal JBG Smith Properties has sold a 90% interest in 800 North Glebe Road in the Washington, DC, suburb of Arlington, Va, in a deal that values the 306,200-square-foot office building at $79 million The buyer of the stake was...
Commercial Real Estate Direct Staff Report The long-troubled $3791 million CMBS loan against a portfolio of nine Seattle office buildings with 164 million square feet owned by Martin Selig Real Estate has been modified, providing the developer with...
Affinius Capital has provided $1003 million of financing to fund the construction of the 326-unit Atmosphere Pittsburgh student-housing property in the city’s Oakland neighborhood The 10-story property, which will have a 672-bed capacity, is...
Oxford Properties has provided a $155 million construction loan for the first phase of Buckeye Yards, a 413-million-square-foot industrial development in Columbus, Ohio JLL Capital Markets arranged the financing on behalf of developer Xebec of...
New York Life Investment Management has provided $480 million of mortgage financing against 10 apartment properties with 2,731 units owned by Continental Properties Real Estate Development Fund II LP The loan was arranged by Walker & Dunlop It...
Modal Labs has leased 160,000 square feet at the 116 million-sf 32 Ave of the Americas office building in Manhattan’s Tribeca neighborhood The New York company will relocate about 140 employees from 233 Spring St, also in Manhattan, by...
Charlotte Business Journal Western-Southern Life Insurance Co has provided $81 million of construction financing for Sutherland at Piper Glen, a 299-unit apartment project under construction in Charlotte, NC RK Investors is developing the property...
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