Canadian Imperial Bank of Commerce has provided $381 million of financing for the construction of a 149-unit apartment property at 310 West Huron St in Chicago’s River North neighborhood JLL Capital Markets arranged the three-year loan on...
Dwight Capital has provided $60 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 184-unit Lotus Alchemy apartment property in downtown Salt Lake City Loans...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc has provided $83 million of mortgage financing against the 331,744-square-foot office property at 50 West 23rd St in the Midtown South section of Manhattan The loan, which is...
Tavros has paid $143 million for the development site at 250 Water St in Manhattan’s Financial District, with plans for a 600-unit apartment property The New York investor acquired the site from Howard Hughes Corp of Dallas, which bought it in...
South Florida Business Journal Grand Peak Properties has paid $395 million, or $182,870/unit, for Princeton Groves, a 216-unit apartment complex in the Miami suburb of Princeton, Fla The Denver company purchased the property from Marlin Spring US...
Atlanta Business Chronicle Goldman Sachs has bought the 210-unit 92 West Paces Ferry Road apartment complex in Atlanta for $908 million, or $432,381/unit The New York investment banking giant purchased the nine-story property from Mesirow, a...
Tampa Bay Business Journal High Street Logistics Properties has purchased the recently completed industrial building at 9411 Belcher Road North in Pinellas Park, Fla, for $184 million, or $21309/sf The Oakbrook Terrace, Ill, company purchased the...
The Atlas Capital Group, Invesco, and Partners Group venture that owns the 11 million-square-foot Factory office property in the Long Island City section of Queens, NY, has negotiated an extension of its $300 million CMBS loan through October 2027...
Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co has provided $2694 million of mortgage financing to fund Equus Capital Partners’ $4685 million, or $137/sf, purchase of the 341,867-square-foot Falls Lake Commerce Center...
ORIX Corp has provided a total of $643 million of financing against two apartment properties with a combined 304 units in the western suburbs of Phoenix The lender provided $3305 million against the 153-unit Villas Litchfield at 12730 West Camelback...
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.
