The Real Deal RFR has paid $57 million, or $3,1667/sf, for an 18,000-square-foot retail condominium at 841 Madison Ave on Manhattan’s Upper East Side The New York real estate firm acquired the four-story property from a venture of Status...
The Real Deal Redfearn Capital has paid a total of $422 million for two commercial properties along East Atlantic Avenue in Delray Beach, Fla, in separate transactions The local investment firm paid $382 million, or $1,675/sf, at auction for a...
Northwind Group has provided $219 million of financing to fund the conversion of the lower 10 floors of the 29-story 100 Wall St office building in Lower Manhattan into 168 apartment units The 482,303-square-foot building, constructed in 1969, is...
CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Connect CRE Broadcom has paid $325 million, or $49176/sf, for its 660,893-square-foot corporate headquarters campus in Irvine, Calif The semiconductor company acquired the property from PRP Real Assets of Washington, DC The 96-acre campus, at 15101...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
Puget Sound Business Journal Ventas Inc has paid $2408 million, or $166,068/unit, for Arbor Village, a 145-unit seniors housing property in Kent, Wash The Chicago health care REIT acquired the property from an affiliate of KKR & Co, which bought...
South Florida Business Journal Tabani Group has paid $184 million, or $84890/sf, for a 21,675-square-foot retail building at 318-330 Lincoln Road in Miami Beach, Fla The Dallas company acquired the property from an affiliate managed by local...
The Chapter 7 bankruptcy of Sonder Holdings Inc, a provider of short-term apartment rentals, is creating idiosyncratic distress among a number of properties financed through the CMBS market that were reliant on the company's...
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