Bisnow Truist Bank has provided a $64 million loan against the 163-unit apartment property at 1111 20th St NW in Washington, DC The property is owned by Willco of Potomac, Md, which will use the financing to retire a $56 million loan that MidCap...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Crain’s Chicago Business Sterling Bay is offering for sale the 197,433-square-foot office property at 345 North Morgan St in Chicago The local developer has tapped JLL to market the property, which was developed in 2022 The 11-story building...
Värde Partners has provided $54 million of financing against Edmond Curtis Park, a 185-unit apartment property in Denver JLL Capital Markets arranged the three-year loan, which pays a floating coupon, on behalf of the property’s owner and...
Jacksonville Daily Record Quality Senior Housing Foundation Inc has bought Symphony at St Augustine, a vacant assisted-living facility in St Augustine, Fla, for $2217 million, or $229,595/bed The Atlanta nonprofit purchased the 74-bed property from...
South Florida Business Journal Avery Cypress LLC has lent $45 million for the construction of Avery Cypress Creek, a 200-unit apartment complex in Fort Lauderdale, Fla The Great Neck, NY, lender provided the financing to Meyers Group of Hallandale...
Commercial Real Estate Direct Staff Report Security Properties Inc has recapitalized the 398-unit Anthology Apartments in Issaquah, Wash, in a deal that values the property at $19199 million, or $482,386/unit The recapitalization involved bringing...
Commercial Real Estate Direct Staff Report Investor Capital Group has paid $22 million, or $115,789/unit, for the 190-unit Vertical East Apartments in Tucson, Ariz The Seattle investment manager acquired the property, at 2050 North Pantano Road,...
South Florida Business Journal A venture of Kolter Group and BH Group has paid $26 million, or $412,698/room, for the 63-room Normandy Plaza Hotel in Miami Beach, Fla Kolter, of Delray Beach, Fla, and BH, of Aventura, Fla, bought the property from...
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.
