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Home > Developer of Chicago-Area Hotel Project Faced with Foreclosure
Peachtree Group has provided $150 million of mortgage financing against a portfolio of four hotels with 997 rooms in the Flamingo Crossings Town Center complex next to the Walt Disney World Resort near Orlando, Fla The loan, arranged by JLL’s...
OakNorth Bank has provided $835 million of financing that gives Lionheart Strategic Management back leverage for part of a $1113 million loan it provided for the development of the Bridge, a 101-unit residential condominium project in Mineola, NY...
Orlando Business Journal Beachwold Residential has lined up $1766 million of financing for the construction of a 1,395-bed student-housing project in Orlando, Fla Affinius Capital provided the loan, which was arranged by JLL Beachwold, of New Haven,...
The Real Deal Blackburn Communities has lined up a $465 million bridge loan for the River Junction Apartments, a 329-unit property in the Austin, Texas, suburb of Leander, Texas Bridge Investment Group provided the floating-rate, interest-only loan,...
Rialto Capital Management and Hines have provided $2299 million of short-term financing against the 707,181-square-foot Textile Building in Manhattan’s Midtown South submarket The bridge loan was arranged by Walker & Dunlop Capital Markets...
Milwaukee Business Journal Ta Chen International Inc, or TCI, has paid $87 million, or $11817/sf, for the 736,205-square-foot distribution facility at 8500 109th St in Pleasant Prairie, Wis The Long Beach, Calif, stainless steel and aluminum...
Commercial Real Estate Direct Staff Report Sagard Real Estate has paid $665 million, or $299,549/unit, for the 222-unit Terra at Monroe apartment property in the Seattle suburb of Monroe, Wash The Denver investment manager acquired the property, at...
PCCP has provided $80 million of mortgage financing against the 343-unit Rae apartment property in the Washington, DC, suburb of Bethesda, Md The loan allowed the property’s developer, Foulger-Pratt, to refinance the property at 10401 Motor...
Crain’s Chicago Business Amazon is in talks to buy the 571,423-square-foot industrial property at 1237 West Division St in Chicago The price it would pay isn’t known yet, but it’s expected to be at least close to the $150...
Madison Realty Capital and Cottonwood Group have provided $211 million of financing to fund the construction of the 112-unti LIDO Asbury Park residential condominium property that Inspired by Somerset Development is planning for the New Jersey...
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