Commercial Observer Bloomberg LP has renewed its lease for 495,753 square feet at 120 Park Ave, a 643,000-sf office building in Manhattan CBRE arranged the lease on Bloomberg’s behalf, while JLL represented the building’s owner, Global...
Commercial Real Estate Direct Staff Report Greystone has provided a $30 million Freddie Mac loan to facilitate the purchase of the 102-unit Lock Vista apartments in Seattle The property, at 3025 NW Market St, was purchased for $437 million by a...
Commercial Real Estate Direct Staff Report East Capital Partners has paid $925 million, or $18763/sf, for a pair of small-bay industrial properties with nine buildings and 493,000 square feet in Tampa, Fla The 20-year-old Darien, Conn, investment...
Manulife has provided a $23 million loan against the 65-unit apartment property at 1008 Massachusetts Ave in Cambridge, Mass The property is owned by Boston Residential Group, which will use the financing to retire a $20 million loan provided in...
Oaktree Capital Management has provided $125 million of mortgage financing against the 228-unit TenTen Campus apartment property in the Los Angeles suburb of Glendale, Calif JLL Capital Markets arranged the loan on behalf of the property’s...
Commercial Real Estate Direct Staff Report The venture that owns the 441,922-square-foot office building at 261 Fifth Ave in the Midtown South submarket of Manhattan is negotiating a potential maturity extension of the property’s $180 million...
A total of 7,085 loans with a balance of $28703 billion come due by the end of next year, according to the TreppCRE platform Some have relatively low coverage and debt yield levels, making them possible refinance...
South Florida Business Journal An affiliate of JBL Asset Management has bought Pinecrest Town Center, a 96,075-square-foot office and retail complex in Pinecrest, Fla, for $425 million, or $44236/sf The Hollywood, Fla, company purchased the property...
Commercial Observer Conserve Holdings has paid $395 million, or $163,900/unit, for the 241-unit Echo at Forest View Apartments near the central Virginia city of Lynchburg The Toms River, NJ, investor bought the property, at 1047 East Lawn Drive in...
Commercial Observer Bushburg Properties has paid $70 million, or $16588/sf, for the 400,000-square-foot office property at 100 William St in Lower Manhattan The New York developer bought the 22-story building, constructed in 1972, from Manulife,...
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.
