Commercial Real Estate Direct Staff Report Cottonwood Group has provided $102 million of financing for the construction of the 216-room Kimpton Hotel in downtown Salt Lake City Walker & Dunlop arranged the loan on behalf of Domain Cos of New...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St in Hoboken, NJ The loan allows the property’s...
Northwind Group has provided a $50 million construction loan for the proposed 34-unit residential condominium project at 10 West 17th St in Manhattan’s Flatiron area The project is being developed by Prosper Property Group of New York on a...
The Real Deal JPMorgan Chase Bank has provided $417 million of financing for the development of the 875,720-square-foot 570 Fifth Ave office building in Midtown Manhattan The property is being built by Extell Development of New York in partnership...
Bank Hapoalim and Naftali Credit Partners have provided $203 million of financing for the conversion of Manhattan’s Candler Building into 176 apartment units The 221,357-square-foot office building, at 221 West 41st St, is being redeveloped by...
Sonnenblick-Eichner Co has arranged an $80 million mortgage against the 162,031-square-foot Del Rey Campus office property in the West Los Angeles area of Marina del Rey, Calif The loan, which requires only interest payments for its five-year term,...
Commercial Observer Madison Realty Capital has provided a $90 million loan against the 300-unit Clifton & Co apartment property in the northeast New Jersey city of Clifton Newmark arranged the financing The three-story property, at 691 Clifton...
Derby Lane Partners has provided $175 million of financing to fund the conversion of the 400,000-square-foot office property at 80 Broad St in Lower Manhattan into 326 apartment units The property is being converted by a venture of Broad Street...
Commercial Observer Hanover Capital has provided a $258 million loan against the 52,578-square-foot retail property at 10-04 Borden Ave in the Long Island City section of Queens, NY The loan, arranged by HKS Real Estate Advisors, allowed the...
Blackstone and New York Life Insurance Co have provided $238 million of financing against the 561,466-square-foot Lincoln Square North office property in the Seattle suburb of Bellevue, Wash The loan was arranged by Newmark on behalf of the...
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