CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Connect CRE Broadcom has paid $325 million, or $49176/sf, for its 660,893-square-foot corporate headquarters campus in Irvine, Calif The semiconductor company acquired the property from PRP Real Assets of Washington, DC The 96-acre campus, at 15101...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
Puget Sound Business Journal Ventas Inc has paid $2408 million, or $166,068/unit, for Arbor Village, a 145-unit seniors housing property in Kent, Wash The Chicago health care REIT acquired the property from an affiliate of KKR & Co, which bought...
The Chapter 7 bankruptcy of Sonder Holdings Inc, a provider of short-term apartment rentals, is creating idiosyncratic distress among a number of properties financed through the CMBS market that were reliant on the company's...
Philadelphia Business Journal Alliance HP is seeking a buyer or capital partner for Spring Mill Campus, a 508,500-square-foot office property in the Philadelphia suburb of Conshohocken, Pa JLL has been tapped to market the seven-building complex,...
Puget Sound Business Journal Timberlane Partners has paid $37 million, or $406,593/unit, for Vista Ridge, a 91-unit apartment property in the Seattle suburb of Issaquah, Wash The Seattle investment firm acquired the property from an affiliate of...
Commercial Real Estate Direct Staff Report The two northern New Jersey office buildings backing what is now a $5089 million CMBS loan that has been delinquent since March have been reappraised at a value of only $197 million The latest appraised...
The Real Deal KKR Real Estate has paid $3465 million, or $544,811/unit, for Lynhaven, a 636-unit apartment property in San Jose, Calif The seller was not immediately known Lynhaven, at 919 South Winchester Blvd, was built in 2020 and has one-, two-,...
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