Commercial Real Estate Direct Staff Report Nationwide has provided $335 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave in Cerritos, Calif, about 16 miles south of Los Angeles JLL Capital Markets...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, NY The oceanfront property, at 21 Oceanview Terrace, is...
The proposed $131 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022 It backs a $3742 million mortgage that's...
ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International The loan facility was arranged by Walker & Dunlop The portfolio that backs...
Crain’s Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill The New York investment firm acquired the property, at 23760 West 127th St, from JVM Realty,...
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...
Bloomberg A venture of Oxford Properties Group and Related Cos has lined up $14 billion in financing against 10 Hudson Yards, a 181 million‑square‑foot office building in Manhattan A group of lenders led by Wells Fargo Bank and Goldman Sachs...
Atlanta Business Chronicle UAC Investments II LLC has paid $156 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156‑unit complex in Avondale Estates, Ga, about nine miles east of Atlanta The Charlotte, NC, company purchased the...
The CMBS trusts that earlier this year took title to the Park Square office property in Boston's Back Bay area are said to have hired Eastdil Secured to market the 503,312-square-foot building for...
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.
