Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St in Chicago through a deed in lieu of foreclosure The venture previously...
Dwight Mortgage Trust has provided $183 million of financing for the construction of a 530-unit apartment property in the northern California city of Gilroy The loan is the largest construction loan ever originated by the company, the mortgage REIT...
Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
Commercial Real Estate Direct Staff Report The 278 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million It marks the third time the 83-story building – the third tallest in the city after...
South Florida Business Journal Tabani Group has paid $2573 million, or $1,080/sf, for the 23,824-square-foot Wynwood Jungle retail property in Miami The Dallas investor acquired the two-story shopping center from an affiliate of local real estate...
Pacific Life Insurance Co has provided $1246 million of financing against the 363-unit Arthur on Aberdeen apartment property in Chicago’s Fulton Market neighborhood JLL Capital Markets arranged the three-year loan on behalf of the two-year-old...
OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors’ purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, NC As reported, the Minnetonka, Minn,...
Nashville Business Journal Shorenstein Investment Advisors has paid $1465 million, or $63420/sf, for the Moore Building, a 231,000-square-foot office building in Nashville, Tenn The San Francisco investor purchased the 15-story property from a...
Jacksonville Business Journal G3 Enterprises has paid $3739 million, or $103/sf, for a 363,000-square-foot warehouse at 12751 Gran Bay Parkway in Jacksonville, Fla The Modesto, Calif, company acquired the industrial building from Redfearn Capital of...
South Florida Business Journal An affiliate of Sedano’s Supermarkets has paid $32 million, or nearly $299/sf, for a 107,034-square-foot retail property at 8655 and 8503 Bird Road in Miami The Hialeah, Fla, grocery store retailer purchased the...
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.
