Mesa West Capital has provided a $5872 million loan against the 445,187-square-foot Northern Parkway Logistics Center in Glendale, Ariz The three-building property, at 12815 West Northern Ave and 12795 West Northern Ave, about 23 miles northwest of...
South Florida Business Journal Ralgo Group has paid $535 million, or $200,375/unit, for the 267-unit Treetop Apartments in Miami’s Kendall area The local real estate firm acquired the three-story community from a company led by Miami Beach...
South Florida Business Journal A venture of CP Group, The Georgetown Co, ACRE, and StepStone paid $193 million, or $23031/sf, for the 838,000-square-foot Mizner Park mixed-use property in downtown Boca Raton, Fla The sale was reported earlier this...
Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc has lined up $358 million of mortgage financing against four of its properties with a total of 1,200 rooms in Chicago, Philadelphia, Puerto Rico, and the Virgin Islands...
Greystone has provided $3924 million of Fannie Mae financing against the 334-unit Evolv apartment property in the Dallas suburb of Mansfield, Texas The 14-year-old property, on 186 acres at 370 North State Highway 360, is owned by Greybrook Realty...
Commercial Real Estate Direct Staff Report The venture that owns the Prince Building in Manhattan’s SoHo area has lined up $216 million of financing, allowing it to retire a $200 million CMBS loan that became delinquent earlier this year The...
South Florida Business Journal Wells Fargo Bank has increased its construction financing against Broken Sound Residences, a 494-unit apartment project under construction in Boca Raton, Fla, to $1765 million The bank assumed an existing $358 million...
Crain’s Chicago Business An affiliate of Community America Credit Union has filed a $236 million foreclosure lawsuit against the owner of the 11 million square-foot office property at 35 West Wacker Drive in downtown Chicago The credit union...
Commercial Real Estate Direct Staff Report Freddie Mac funded $16 billion of multifamily loans during the third quarter, down 36% from the $25 billion it funded a year ago and 11% from the $18 billion it funded in the second quarter The...
Bisnow A venture of CP Group, The Georgetown Co, Acre, and StepStone has acquired Mizner Park, an 838,000-square-foot mixed-use property in downtown Boca Raton, Fla The buyers acquired the 30-acre complex from an affiliate of BGRE, formerly...
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