Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has agreed to provide $2825 million of mortgage financing against the 825,905-square-foot office property at 1325 Ave of the Americas in Manhattan The five-year loan is slated to be...
Crain’s Chicago Business Riverside Investment & Development has lined up $64 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 199-unit apartment...
South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla, for $463 million, or $26837/sf The Chicago company purchased the retail property from...
Tampa Bay Business Journal An affiliate of NexPoint Advisors has bought the 153‑room Courtyard by Marriott Bradenton Sarasota/Riverfront for $277 million, or $181,046/room The Dallas investment company purchased the five-story property from a...
Commercial Real Estate Direct Staff Report BKM Capital Partners has paid $43 million, or $18534/sf, for the 232,000-square-foot Northwest Business Park industrial property in Phoenix The Newport Beach, Calif, investment manager acquired 11-building...
South Florida Business Journal Welltower Inc has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla, for $872 million, or about $231,300/unit The Toledo, Ohio, company bought the property from Focus...
Commercial Real Estate Direct Staff Report Beal Bank has provided $176 million of non-recourse mortgage financing against four retail properties owned by CBL & Associates Properties Inc, allowing the Chattanooga, Tenn, REIT to completely...
Crain’s Chicago Business Standard Real Estate Investments and Belay Investment Group has paid $61 million, or $238,281/unit, for Martin’s Point, a 256-unit apartment property in the Chicago suburb of Lombard, Ill Standard and Belay, both...
Commercial Observer MF1 Capital has provided $170 million of financing for the completion of the 354-unit apartment property at 2366 Bedford Ave in the Flatbush neighborhood of Brooklyn, NY The property, which is set to open this year, is being...
National Life Group has provided $2675 million of financing against the 90-unit 8th & U Apartments in San Diego Northmarq arranged the three-year loan, which can be extended The property, at 3843 8th Ave, was developed last year by Greenline...
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