Northmarq has originated $2273 million of Fannie Mae financing against the 49-unit One West Drive apartment property in the Minneapolis suburb of Excelsior, Minn The fixed-rate loan allowed the property’s developer, a venture of Monarch...
Crain’s Chicago Business Kohan Retail Investment Group is in talks to buy the 15 million-square-foot Citadel Center office property in Chicago The Great Neck, NY, investor would be buying the property, at 131 South Dearborn St, from a venture of...
Commercial Real Estate Direct Staff Report Macerich Co has negotiated a four-term term extension of the $200 million mortgage against its South Plains Mall in Lubbock, Texas, taking its maturity to November 2029 The Santa Monica, Calif, REIT...
Zeta Charter Schools has paid $255 million for the development site at 261 Walton Ave in the Bronx, NY The operator of charter schools, which has 11 schools in the Bronx, Queens and upper Manhattan, bought the site from a venture of New York City...
Commercial Real Estate Direct Staff Report David Werner Real Estate Investments, which three years ago purchased the Arcola Corporate Campus, comprised of 14 laboratory and research and development buildings with 185 million square feet from Pfizer...
Commercial Real Estate Direct Staff Report Five apartment buildings with 291 units in the Kingsbridge section of the Bronx, NY, owned by landlord Barry Singer and that back a $39 million CMBS loan have accumulated 1,130 violations of the New York...
Lending under the US Department of Housing and Urban Development's various multifamily and healthcare property programs increased by more than half during its last fiscal year to $1576...
Charlotte Business Journal Alta Peak Capital has bought the 73,343-square-foot Salt + Vinegar office and retail property in Charlotte, NC, for $24 million, or $32723/sf The local company purchased the building from White Point Partners, also of...
PNC Bank has provided $2428 million of financing for the construction of Ravine Ridge, a 138-unit apartment property in Port Orchard, Wash The property is being developed by Legacy Partners and Silverpeak Real Estate Partners at 2864 Harold Drive...
South Florida Business Journal Dermot Co has bought the 340-unit Quaye Apartments in Palm Beach Gardens, Fla, for $1318 million, or $387,647/unit The New York company purchased the property from an affiliate of PGIM Real Estate of Newark, NJ, which...
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