The major mortgage REITs, which originated nearly $50 billion of commercial mortgages in 2021, originated $225 billion of loans last year While far off the record volume of five years ago, it's roughly four times 2024's total...
The Wall Street Journal Citadel Enterprises America might not move forward with its planned 185 million-square-foot office project at 350 Park Ave in Midtown Manhattan The move would be in response to the city and state’s proposal to impose a...
Commercial Real Estate Direct Staff Report A record 252 million young adults were living with family last year, up by almost 1 million from the previous year That topped the 25 million young people—those between 18 and 34 years old—who lived...
North River Partners and Amzak Capital Management have provided $685 million of financing for the development of the 215-unit Flats Flagler Gateway apartment property in Fort Lauderdale, Fla The 12-story property is being developed on a 146-acre...
AZ Big Media Creation Equity has paid $1805 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz The Phoenix developer is planning to build a 699,700-square-foot industrial property on...
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $2275 million, or $130,747/room A venture of Ashford Hospitality Trust and Artemis...
South Florida Business Journal Related Group and BH Group have lined up $360 million of financing for the construction of the Icon Beach Waterfront Residences in Hollywood, Fla Tyko Capital of New York provided the loan Groundbreaking is scheduled...
South Florida Business Journal A venture of Bain Capital Real Estate and Alliance HP has paid $52 million, or $15476/sf, for Bridge Point Pompano Beach Commerce Park, a 336,000‑square‑foot industrial complex in Pompano Beach, Fla Bain, a Boston...
Charlotte Business Journal A venture of Riverside Investment & Development and Singerman Real Estate has paid $365 million, or $4563/sf, for 301 South Tryon, a two-building office complex in Charlotte, NC The Chicago-based venture purchased the...
Atlanta Business Chronicle Porsche Cars North America has signed a lease for 806,000 square feet of warehouse space at 801 Logistics Parkway in Jackson, Ga The luxury automobile manufacturer will use the industrial property as a parts distribution...
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.
