While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $427 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE...
South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla SBH Group arranged the loan on behalf...
Multi-Housing News Abacus Capital has paid $158 million, or $336,170/unit, for the 470-unit Abbey Lane apartment property in Danbury, Conn The New York investor acquired the property from 601W Cos, also of New York, which bought it in 2019 for $124...
Commercial Property Executive A venture of Metrobloks and Lincoln Property Co will develop a 150-megawatt data center at 2525 Old Hughes Road in Liberty, Mo, a suburb of Kansas City, Mo Metrobloks, of Los Angeles, and Lincoln, of Dallas, are...
South Florida Business Journal Canyon Partners has provided $123 million of construction financing for Adela II at MiMo Bay, a 337-unit apartment project in Miami’s Upper Eastside neighborhood Asia Capital Real Estate of Ponte Vedra, Fla,...
Commercial Real Estate Direct Staff Report Morgan Stanley and Goldman Sachs are providing $360 million of mortgage financing against the 495,275-square-foot Lyrik office property in Boston’s Back Bay neighborhood The five-year loan will allow...
Commercial Property Executive Steele Development will break ground this year on Hub at Willows, a 138,724-square-foot industrial building in Redmond, Wash The Seattle developer will build the property at 9900 Willows Road NE, about 16 miles...
Commercial Observer Highland Park Community Development Corp has leased the entire 289-room former Radisson Hotel at 52 William St in Manhattan’s Financial District The Brooklyn, NY, nonprofit leased the 20-story property from Slate Property...
NewPoint Real Estate Capital LLC has provided a $49 million mortgage against the 288-unit Evolve at the Pines Apartment Homes in Greenville, NC The two-year loan has a relatively short term and is designed to allow the property’s developer,...
Commercial Real Estate Direct Staff Report DataBank is partnering with Goodman Group to complete the development of a 32-megawatt data center at 3094 East Vernon Ave in Vernon, Calif, about five miles southeast of downtown Los Angeles Goodman, of...
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