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...
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...
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...
Crain’s Chicago Business Honore Properties has paid $92 million, or $6498/sf, for the 141,593-square-foot office property at 70 East Lake St in Chicago, with plans to convert it into 170 apartment units The local developer acquired the...
Commercial Real Estate Direct Staff Report Owners of 36% of the apartment units in Austin, Texas, are offering concessions to lure tenants to their properties And those conessions amounted to 155% of annualized unit rent in May, according to...
MacNaughton paid $1425 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE The transaction previously was...
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