Ladder Capital Corp has provided $268 million of mortgage financing to facilitate the $378 million, or $74550/sf, purchase of 575 Fifth Ave in Midtown Manhattan A venture led by Sovereign Partners bought the 507,031-square-foot office...
The 53,617-square-foot 25 Taylor St office building in San Francisco’s Civic Center area has changed hands, resolving a distressed $1693 million CMBS loan against it The seven-story building, which also houses the Golden Gate Theater, was sold...
Commercial Real Estate Direct Staff Report The $4933 million CMBS loan against the Sangertown Square Mall in the Utica, NY, suburb of New Hartford, NY, has transferred to special servicing as it approaches its extended maturity next month The loan...
Rialto Capital Advisors remained atop a ranking of CMBS conduit B-piece buyers, taking down the most subordinate bonds of four transactions with a balance of $31 billion, or 1926% of the $161 billion of conduit deals that priced during the first...
The Real Deal ACORE Capital has provided $69 million of financing to help fund Pebb Capital’s purchase of the 97,500-square-foot office building at 119 Washington Ave in Miami Beach, Fla Pebb Capital, a Boca Raton, Fla, investment manager,...
Puget Sound Business Journal Oso Capital Advisors has paid $45 million, or $227,272/unit, for Bower Village, a 198-unit apartment property in Kent, Wash The Reno, Nev, investor acquired the property, at 24006 108th Place SE, from Rise Properties...
The number of enclosed shopping malls peppering the American landscape has shrunk by roughly one-third over the past 24 years What remains is bookended by solid performers and weaklings that'll probably get redeveloped CMBS holds nearly $7 billion...
South Florida Business Journal A venture of Housing Trust Group and AM Affordable Housing has lined up $775 million of financing for the construction of Artisan Pointe, a 115-unit affordable housing project in Homestead, Fla The financing consists...
Tampa Bay Business Journal A venture of East Capital Partners and Westport Capital Partners has lined up $2315 million of acquisition financing for a three-building industrial portfolio in Tampa, Fla General Investment and Development of Boston...
The Real Deal JPMorgan Asset Management is looking to sell its 49% stake in the 1 million-square-foot 605 Third Ave office building in Midtown Manhattan The investment manager, which owns its stake in the property on behalf of the Commingled Pension...
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.
