South Florida Business Journal Related Ross has paid $365 million, or $17751/sf, for a pair of neighboring office buildings totaling 205,628 square feet in Coral Springs, Fla The West Palm Beach, Fla, company purchased the buildings, at 4000 Coral...
Commercial Real Estate Direct Staff Report PCCP has provided $70 million of financing against 24Fifty at University Park, a 252‑unit apartment property in Denver CBRE arranged the loan on behalf of the property’s owner, DivcoWest of San...
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...
South Florida Business Journal City National Bank of Florida has provided $58 million of financing for the construction of the Oasis at Doral mixed-use development in Doral, Fla A venture of Apollo Cos and Triarch Capital Group, both of Aventura,...
Commercial Real Estate Direct Staff Report An affiliate of Red Tail Acquisitions has paid $25 million, or $217,391/unit, for the 115-unit Exeter apartment property in Seattle The Irvine, Calif, investor acquired the property from Gibraltar LLC of...
Mesa West Capital has provided $81 million of senior debt against the 313-unit Domain Memorial townhome rental property in Houston The loan will allow the property’s owner, Knightvest Capital, to complete unit renovations The 10-year-old...
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 Real Estate Direct Staff Report Cottonwood Group has provided $102 million of financing for the construction of the 216-room Kimpton Hotel in downtown Salt Lake City Walker & Dunlop arranged the loan on behalf of Domain Cos of New...
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...
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