A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
Commercial Observer Ladder Capital has provided a $295 million loan against the 176,000-square-foot office property at 260 West 29th St in Midtown Manhattan Arrow Real Estate Advisors arranged the financing New York Community Bank provided $55...
Commercial Observer JPMorgan Chase Bank has provided a $765 million loan against the 1,102-unit apartment property at 625 Fulton St in downtown Brooklyn, NY The loan, arranged by Galaxy Capital, allowed the property’s developer and owner,...
Commercial Observer MF1 Capital has provided a $64 million loan against the 99-unit Elliot apartment property at 151 South Elliott Place in the Fort Greene section of Brooklyn, NY Landstone Capital Group arranged the financing The property was...
Commercial Real Estate Direct Staff Report Deutsche Bank has filed a foreclosure suit against the owner of the 500,000-square-foot Kaufman Astoria Studios Campus in Queens, NY The bank provided $340 million of mortgage financing to fund the...
Commercial Real Estate Direct Staff Report Morningstar DBRS estimates that the three Club Quarters hotels in Chicago, San Francisco, and Philadelphia that back a $2407 million mortgage securitized through BX Trust, 2017-CQHP, would recover only...
The volume of CMBS loans that are more than 30 days late with their payments spiked in March by $308 billion, to $4583 billion, marking the largest one-month increase in delinquency volume since May 2023, when volumes increased by $326 billion...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St in Hoboken, NJ The loan allows the property’s...
The Real Deal JPMorgan Chase Bank has provided $417 million of financing for the development of the 875,720-square-foot 570 Fifth Ave office building in Midtown Manhattan The property is being built by Extell Development of New York in partnership...
Commercial Observer A venture led by Patriot Real Estate Holdings has paid $405 million, or $81079/sf, for the 49,951-square-foot office property at 168 Canal St in Manhattan’s Chinatown area Patriot Real Estate, of Nashville, Tenn, teamed...
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