Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen The property, at 8601 Bergenline Ave, is owned by Sanz Property...
Commercial Real Estate Direct Staff Report USBank has provided $40 million of financing against the 318,683-square-foot Chandler Airport Business Park industrial complex in Chandler, Ariz The loan, filed with Maricopa County, Ariz, allowed the...
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall in North...
South Florida Business Journal Joe Lubeck, chief executive of American Landmark Apartments, has bought the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard hotel in Palm Beach Gardens, Fla, for $40 million, or $250,000/room Lubeck...
Orlando Business Journal An affiliate of Pureland Hospitality has bought the 123-room Home2 Suites by Hilton Lake Mary hotel in suburban Orlando, Fla, for $1797 million, or $146,098/room The New York company purchased the four-story property from a...
Jacksonville Business Journal Florida Value Partners has paid $195 million, or $85,526/unit, for the 228-unit Park at Marbella Apartment Homes in Jacksonville, Fla The Miami company purchased the 26-building property from Blue Roc Premier Properties...
Crain’s Chicago Business Barings has provided $1567 million of financing to facilitate Onni Group’s purchase of the 11 million-square-foot office property at 161 North Clark St in Chicago Onni, of Vancouver, British Columbia, paid $125...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has agreed to provide $2825 million of mortgage financing against the 825,905-square-foot office property at 1325 Ave of the Americas in Manhattan The five-year loan is slated to be...
Crain’s Chicago Business Riverside Investment & Development has lined up $64 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 199-unit apartment...
South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla, for $463 million, or $26837/sf The Chicago company purchased the retail property from...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
