Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co on behalf of the property’s owner,...
Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St, near the foot of the Williamsburg Bridge in Brooklyn, NY The four-story building was constructed in 1891 as the...
Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St in Manhattan’s Greenwich Village area The loan allows the property’s owner, Stonehenge NYC, to retire a $573 million...
Crain’s Chicago Business Bank OZK has provided $102 million of financing for the construction of a 724-unit apartment property at 410 North Elizabeth St in Chicago The property is being developed by Weldon Development Group of New York The...
Triangle Business Journal Solera Senior Living has bought the 138-unit Atria Cary seniors-housing community in Cary, NC, for $6028 million, or $436,812/unit The Denver company purchased the five-story property from Atria Senior Living The property...
Triangle Business Journal Stonelake Capital Partners has paid $195 million, or $14535/sf, for the 134,156-square-foot flex industrial building at 10800 World Trade Blvd in Morrisville, NC The Austin, Texas, investment firm purchased the property...
Jacksonville Daily Record An affiliate of American Landmark Apartments has bought the Vale at Baymeadows, a 276‑unit apartment property in Jacksonville, Fla, for $42 million, or $152,174/unit The Tampa, Fla, company purchased the 14-building...
South Florida Business Journal A venture of Falcone Group, Rok Acquisitions, Davis Cos, and Jamestown has bought the 300,000 square feet of retail, dining, and entertainment space at the Miami Worldcenter mixed-use complex for $210 million, or...
Commercial Real Estate Direct Staff Report The $160 million mortgage against the 234 million-square-foot US Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced The loan is scattered among...
Tampa Bay Business Journal Precedent Asset Management has filed a foreclosure suit against the owner of the Captiva Club, a 361-unit apartment complex in St Petersburg, Fla The local real estate company, which filed its suit in Hillsborough County...
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