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...
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...
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...
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...
First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind The three-year loan was arranged by Maverick Commercial Mortgage...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $778 million, or $232,238/unit, for the Ridge and the Shores, two adjacent apartment properties with 335 units in the Seattle suburb of Federal Way, Wash The Salt Lake City...
Greystone has provided a total of $8093 million of debt and equity against a portfolio of 10 affordable housing apartment properties with 640 units in rural regions of North Carolina The New York lender provided $5252 million of mortgage financing...
KeyBank has provided a $130 million senior secured credit facility against a portfolio of 14 industrial outdoor storage properties with 130 acres owned by a newly formed venture between Zenith Industrial Outdoor Storage and JPMorgan Asset Management...
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.
