Barings has provided $213 million of financing against the 500,000-square-foot office property at 360 North Green St in Chicago JLL Capital Markets arranged the three-year loan on behalf of the owner and developer, a venture of JPMorgan Asset...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
Freddie Mac funded $18 billion of multifamily mortgages during the second quarter, a 50% increase from the $12 billion it funded during the same period a year ago The latest quarter brings the housing-finance agency’s lending activity for the...
Slate Property Group has raised up to $1 billion under a separately managed account that it will invest in lower-leverage senior construction and bridge loans against apartment properties Slate is a New York investment manager that has completed...
Bloomberg Brookfield and NextEra Energy are planning a $100 billion data center at the former Paducah Gaseous Diffusion Plant in Paducah, Ky The Department of Energy selected Brookfield to lease, develop and operate the data center campus, while...
Multi-Housing News Land & Apartments has paid $70 million, or $183,727/unit, for Villages at Lake Silvercote, a 381-unit apartment property in the St Louis suburb of Wentzville, Mo The St Louis investor bought the property, at 100 Dry Brook...
Fannie Mae funded $142 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year The housing-finance agency funded $171 billion of loans in the first quarter, so its lending activity for the first...
A group of lenders led by Wells Fargo Bank has provided $12 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave in Midtown Manhattan The 46-story building, which will have direct access to...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
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.
