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...
Domestic, private-label CMBS issuance increased by nearly 21% last year to $1256 billion, marking the sector's most active year since the Global Financial Crisis...
The $5323 billion universe of CMBS loans against regional and superregional malls tracked by Trepp Inc has an 112% delinquency rate It might be an optimistic...
Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, NJ The Los Angeles investment manager bought the properties from Equity...
Accesso, owner of the 235,620-square-foot 3900 Essex Lane office property in Houston, has negotiated a two-year term extension of the property’s $1475 million loan, taking its maturity to October 2027 The loan, provided by Benefit Street...
Wells Fargo Bank, JPMorgan Chase Bank, and Bank of America are providing $480 million of mortgage financing to facilitate SL Green Realty Corp’s $730 million, or $1,173/sf, purchase of the 621,824-square-foot Park Avenue Tower office building...
South Florida Business Journal Related Ross has lined up $772 million of financing for the construction of two office buildings totaling nearly 1 million square feet in downtown West Palm Beach, Fla The local developer, led by Stephen M Ross, owner...
PCCP has provided $76 million of senior mortgage financing against the 384-unit Overall Creek apartment property in Murfreesboro, Tenn The loan, arranged by Cushman & Wakefield, allowed the property’s owner, Denholtz of Red Bank, NJ, to...
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