Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
JLL Capital Markets has arranged $5575 million of financing to facilitate Hines’ purchase of Tempo at Riverpark, a 235-unit apartment property in Oxnard, Calif An unnamed bank provided the five-year loan for Hines, which bought the property...
Commercial Observer Apple Bank has provided $42 million of financing against the 510,000-square-foot Nelson Tower office building at 450 Seventh Ave in Midtown Manhattan The loan, arranged by JLL Capital Markets, allowed the property’s owner,...
Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030 The loan, securitized through WFRBS Commercial Mortgage Trust,...
Orlando Business Journal Terian Group has lined up $925 million of financing for the construction of the Emi on 50 apartment project in Orlando, Fla PCCP provided the financing, which was arranged by JLL Terian, of Maitland, Fla, is building the...
OakNorth Bank has provided $255 million of financing to fund the development of an 87-unit apartment property at 2916 Atlantic Ave in the East New York area of Brooklyn, NY The proposed 11-story building, with nearly 5,000 square feet of commercial...
South Florida Business Journal An affiliate of Lincoln Property Co has paid $7755 million, or $31387/sf, for a 247,079-square-foot industrial complex in Deerfield Beach, Fla The Dallas company purchased the four-building property from an affiliate...
Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen The property, at 8601 Bergenline Ave, is owned by Sanz Property...
Commercial Real Estate Direct Staff Report USBank has provided $40 million of financing against the 318,683-square-foot Chandler Airport Business Park industrial complex in Chandler, Ariz The loan, filed with Maricopa County, Ariz, allowed the...
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall in North...
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