The Atlas Capital Group, Invesco, and Partners Group venture that owns the 11 million-square-foot Factory office property in the Long Island City section of Queens, NY, has negotiated an extension of its $300 million CMBS loan through October 2027...
Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co has provided $2694 million of mortgage financing to fund Equus Capital Partners’ $4685 million, or $137/sf, purchase of the 341,867-square-foot Falls Lake Commerce Center...
ORIX Corp has provided a total of $643 million of financing against two apartment properties with a combined 304 units in the western suburbs of Phoenix The lender provided $3305 million against the 153-unit Villas Litchfield at 12730 West Camelback...
Wells Fargo Bank is providing $450 million of mortgage financing against the 757,154-square-foot office building at 1250 Broadway near the Penn Station commuter hub in Midtown Manhattan The three-year loan, with a coupon that’s expected to be...
KKR Real Estate Finance Trust Inc has set a goal of cleaning up its portfolio this year by sharply reducing its real estate-owned assets It also plans to reduce its exposure to loans it has on its...
Commercial Observer Ares Management has provided a $450 million loan against 834-unit Riverie apartment property in the Greenpoint section of Brooklyn, NY The loan, arranged by CBRE, allowed a venture of Lendlease Corp and Aware Super, an Australian...
A venture of LeCesse Development Corp and Mas Development has lined up $8335 million of construction financing for the 258-unit Ecco apartment property at 250 Union St in Elizabeth, NJ Bank OZK provided a $632 million senior loan, while PGIM...
Commercial Observer Maxim Capital Group has provided a $70 million loan for the development of a 113-unit residential condominium property at 11-33 44th Drive in the Long Island City section of Queens, NY The property, which will have ground-floor...
Crescent Real Estate LLC has lined up $596 million of fresh financing against the 137 million-square-foot Crescent mixed-use complex in Dallas’ Uptown area Goldman Sachs and JPMorgan Chase Bank are providing the loan, which will be securitized...
Commercial Real Estate Direct Staff Report Last year, Colorado House Bill 25-1090: Protections Against Deceptive Pricing Practices, was signed into law The legislation, which went into effect at the start of January, requires businesses to present...
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