A total of $116 billion of the $63582 billion universe of securitized multifamily loans is delinquent That amounts to a delinquency rate of only 182% But the delinquencies aren't evenly distributed among securitization...
OakNorth and Hickory CRE Lending have provided $378 million of financing to fund the redevelopment of the 69,754-square-foot office property at 3333 K St NW in Washington, DC’s Georgetown area into a residential condominium property The...
The Real Deal Corendon Hotels & Resorts has paid more than $50 million, or $260,417/room, for two hotels with a total of 192 rooms in Miami’s South Beach neighborhood The Netherlands-based hospitality company acquired the properties from a...
Charlotte Business Journal Rockpoint has paid $268 million, or $22446/sf, for the 119,400-square-foot Springs Business Park in the Charlotte, NC, suburb of Concord, NC The Boston private equity real estate firm acquired the four-building industrial...
Charlotte Business Journal GID has paid $1195 million for nine industrial buildings and one vacant parcel within the Woodland Business Park in Charlotte, NC The Boston real estate firm acquired the industrial portfolio from La Caisse of Quebec City,...
Bravo Property Trust has provided $80 million of financing to fund the construction of a 194-unit apartment building at 2201 Third Ave in Manhattan’s East Harlem section The 22-story building, at 120th Street, four blocks from Marcus Garvey...
Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
Dwight Capital has provided $34 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 160-unit Reserve at Willow Ridge apartment property in Lancaster, Pa The loan allowed the property’s...
Commercial Real Estate Direct Staff Report An affiliate of family-office platform Cambridge Five Capital has paid $40 million, or $186,916/room, for the 214-room Tarrytown House Estate boutique hotel in the Westchester County, NY, village of...
South Florida Business Journal A venture of Monarch Alternative Capital and Tourmaline Capital Partners is offering for sale 801 Brickell, a 415,150-square-foot office building in Miami Eastdil Secured Savills has the listing for the 28-story...
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