Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, NJ The Los Angeles investment manager bought the properties from Equity...
Accesso, owner of the 235,620-square-foot 3900 Essex Lane office property in Houston, has negotiated a two-year term extension of the property’s $1475 million loan, taking its maturity to October 2027 The loan, provided by Benefit Street...
Multi-Housing News A venture of Mia Rose Holdings and Greenberg Development Co has broken ground on Wildwood Luxury Living, a 188-unit apartment property in Wildwood, Mo Mia Rose, of Chesterfield, Mo, and Greenberg, of Wildwood, are building the...
Commercial Observer Natixis has leased 202,875 square feet at the 25 million-sf 1633 Broadway office building in Midtown Manhattan The property is owned by Rithm Capital Corp, which inherited it last year through its acquisition of Paramount Group...
Wells Fargo Bank, JPMorgan Chase Bank, and Bank of America are providing $480 million of mortgage financing to facilitate SL Green Realty Corp’s $730 million, or $1,173/sf, purchase of the 621,824-square-foot Park Avenue Tower office building...
South Florida Business Journal Related Ross has lined up $772 million of financing for the construction of two office buildings totaling nearly 1 million square feet in downtown West Palm Beach, Fla The local developer, led by Stephen M Ross, owner...
PCCP has provided $76 million of senior mortgage financing against the 384-unit Overall Creek apartment property in Murfreesboro, Tenn The loan, arranged by Cushman & Wakefield, allowed the property’s owner, Denholtz of Red Bank, NJ, to...
Commercial Real Estate Direct Staff Report PCCP has provided $84 million of financing against the 335-unit Montreux apartment property in Phoenix CBRE arranged the loan on behalf of the property’s owner, Pacific Development Partners of Los...
Commercial Observer Rialto Capital has provided a $150 million loan against the 270,000-square-foot office building at 100 Fifth Ave in the Union Square area of Manhattan The property is owned by Sovereign Partners, which bought it in 2023 for $1265...
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