South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding has provided $58 million of mortgage financing against the 88,365-square-foot mixed-use property at 600 Broadway in the SoHo section of Manhattan The interest-only loan, which has a...
New York developer Allstate Ventures has lined up a $1258 million bridge loan from Greystone and $195 million of preferred equity from Forum Investment Group against its recently completed Alary apartment building in New Rochelle, NY The financing...
Commercial Observer Bain Capital has provided a $213 million loan against the 513,000-square-foot office building at 1375 Broadway in Manhattan’s Garment District The property is owned by American Exchange Group, which took it over after its...
Net Lease Office Properties, which was formed nearly three years ago through the spin-off of WP Carey Inc's office portfolio, so far has sold 37 of its original 59 properties, leaving it with 22 properties that generate $2891 million of annualized...
Wells Fargo Bank has provided a $2243 million loan against the 363-unit Italic apartment property at 26-32 Jackson Ave in the Long Island City section of Queens, NY JLL Capital Markets arranged the financing The property was developed last year by a...
Bisnow Truist Bank has provided a $64 million loan against the 163-unit apartment property at 1111 20th St NW in Washington, DC The property is owned by Willco of Potomac, Md, which will use the financing to retire a $56 million loan that MidCap...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Crain’s Chicago Business Sterling Bay is offering for sale the 197,433-square-foot office property at 345 North Morgan St in Chicago The local developer has tapped JLL to market the property, which was developed in 2022 The 11-story building...
Värde Partners has provided $54 million of financing against Edmond Curtis Park, a 185-unit apartment property in Denver JLL Capital Markets arranged the three-year loan, which pays a floating coupon, on behalf of the property’s owner and...
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