Fannie Mae funded 669 multifamily loans with a balance of $171 billion during the first quarter, up nearly 45% from the $118 billion it funded a year ago The latest quarter’s volume increased the housing-finance agency’s book of...
Houston Business Journal MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston The local company purchased the property from Midway, also of Houston The purchase price was not immediately known Moran CityCentre, at...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
The Real Deal Cousins Properties Inc is selling One Eleven Congress, a 503,344-square-foot office building in downtown Austin, Texas The Atlanta REIT said the sale is expected to close in the third quarter The pending buyer and sales price were not...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
ConnectCRE The City of Irving, Texas, has bought MacArthur Ridge II, a 260,796-square-foot office building in that suburban Dallas city Grupo Haddad sold the six-story property in a deal brokered by Bradford Commercial Real Estate Services Grupo...
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $4625 million of financing against the 106-unit apartment property at 200 West Ocean Blvd in Long Beach, Calif, about 20 miles south of Los Angeles The three-year loan pays...
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