Commercial Real Estate Direct Staff Report The Vornado Realty Trust venture that owns the 194,000-square-foot office building at 61 Ninth Ave in Manhattan’s Chelsea neighborhood has lined up a $161 million mortgage from UBS Vornado owns the...
Denver Business Journal A venture of Wood Partners and EIG EuroInvestor has broken ground on Alta Longmont, a 252-unit apartment property in Longmont, Colo Wood, of Atlanta, and EIG, of Germany, are developing the apartments at 251 East Rogers Road,...
Silicon Valley Business Journal Peninsula Land & Capital has paid $246 million, or $19871/sf, for Lincoln Court, a 123,800-square-foot office property in Campbell, Calif, about 50 miles south of San Francisco The Palo Alto, Calif, investment...
Dwight Capital has originated a $130 million loan under the US Department of Housing and Urban Development’s 223(f) program against the 358-unit Gardens Residences in downtown North Miami The loan allowed the property’s developer, Omega...
The Real Deal A lawsuit filed against Bayerische Versorgungskammer, the German pension fund known as BVK, has requested a US federal judge to freeze proceeds from the recent sale of the 703,537-square-foot Transamerica Pyramid office tower in San...
PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
Illumio Inc has agreed to lease 120,000 square feet at Campus at Scott, a three-building office property in Santa Clara, Calif The cybersecurity company was represented by JLL, while Newmark represented the owner, a venture of Ellis Partners and...
Commercial Real Estate Direct Staff Report The Macerich Co venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property’s $13174 million mortgage when it matured last month The loan, securitized...
Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore Guardian, of Portland, and PCCP, of Los Angeles, acquired the...
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