Commercial Real Estate Direct Staff Report Cottonwood Group has provided $102 million of financing for the construction of the 216-room Kimpton Hotel in downtown Salt Lake City Walker & Dunlop arranged the loan on behalf of Domain Cos of New...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St in Hoboken, NJ The loan allows the property’s...
Northwind Group has provided a $50 million construction loan for the proposed 34-unit residential condominium project at 10 West 17th St in Manhattan’s Flatiron area The project is being developed by Prosper Property Group of New York on a...
The Real Deal JPMorgan Chase Bank has provided $417 million of financing for the development of the 875,720-square-foot 570 Fifth Ave office building in Midtown Manhattan The property is being built by Extell Development of New York in partnership...
REJournalscom Founders Properties has paid $264 million, or $15561/sf, for Gateway I & II, a 169,656-square-foot industrial property in the Minneapolis suburb of Eagan, Minn The Eden Prairie, Minn, investment manager acquired the property, at...
Jacksonville Business Journal An affiliate of US Realty Advisors has paid $669 million, or $43687/sf, for the 153,136-square-foot industrial building at 4125 West Cisco Drive in Jacksonville, Fla The New York company purchased the property from its...
Tampa Bay Business Journal Internet personality Ben Mallah has sold the Four Points Westshore by Sheraton Suites hotel in Tampa, Fla, for $26 million, or $98,859/room Mallah sold the eight-story property to a South Florida-based company calling...
The Real Deal Seagis Property Group has bought the 200,000-square-foot industrial property at 9500 NW 108th Ave in Medley, Fla, for $488 million, or $244/sf The Conshohocken, Pa, company purchased the warehouse from local clothing supplier...
REBusiness Online A venture of SparrowHawk and Almanac Realty Investors has paid $285 million, or $7768/sf, for Premier 370 DC II, a 366,900-square-foot industrial property in St Peters, Mo, a northwestern suburb of St Louis SparrowHawk, of Houston,...
Bank Hapoalim and Naftali Credit Partners have provided $203 million of financing for the conversion of Manhattan’s Candler Building into 176 apartment units The 221,357-square-foot office building, at 221 West 41st St, is being redeveloped by...
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