The volume of CMBS loans in the hands of special servicers declined for the second straight month in December, to $6386 billion That's 1071% of the $59649 billion universe tracked by Trepp...
San Antonio Business Journal Medcore Partners has lined up $694 million of financing for its purchase of Franklin Park Alamo Heights, a 221-unit seniors-housing complex in San Antonio Forbright Bank provided the loan Medcore, a Dallas real estate...
Rialto Capital has provided $113 million of mortgage financing against the Mix, a 469,749-square-foot mixed-use property in the Los Angeles suburb of Northridge, Calif Newmark arranged the loan on behalf of the property’s owner, a venture of...
Madison Realty Capital and Naftali Credit Partners have provided $125 million of financing for the construction of a 241-unit residential condominium property at 70-28 Grand Central Parkway in the Forest Hills section of Queens, NY Madison provided...
Commercial Real Estate Direct Staff Report Rialto Capital Advisors has changed the terms of a modification of the $130 million CMBS loan against the 78,287 square feet of retail space at the base of the 350-room Renaissance by Marriott hotel at 215...
Gothamist The judge overseeing the bankruptcy of 93 apartment buildings with 5,100 units in New York City has blocked an effort by the city’s newly inaugurated mayor to delay a proposed sale of the properties by 30 days Mayor Zohran...
South Florida Business Journal Okan Group has lined up $200 million of commercial property assessed clean energy, or C-PACE, financing for its Okan Tower residential condominium project in downtown Miami Bayview Commercial Mortgage Finance of Coral...
Dallas Business Journal Fortress Investment Group has paid $2265 million, or $151/sf, for the 15 million-square-foot Sparks LS complex that’s currently being built in Morrisville, NC The Dallas company purchased the life-sciences campus from...
Commercial Observer Santander Bank has provided $88 million of financing for the development of the 120-unit Benedict Court apartment property in Greenwich, Conn Cushman & Wakefield arranged the financing The property is being developed at 7-23...
Commercial Real Estate Direct Staff Report The $260 million CMBS loan against the 5 Penn Plaza office building in midtown Manhattan has been extended by two years through January 2028 The loan, which initially matured this month, transferred to...
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.
