Commercial Observer Two Trees Management has paid $37 million, or $31258/sf, for the 118,367-square-foot warehouse and adjoining lot at 69 Ninth St in the Gowanus section of Brooklyn, NY The local developer acquired the property, which sits on a...
Sound Point Capital, which originated $650 million of commercial mortgages last year, is expected to increase that to $1 billion this year...
An affiliate of Brookfield Asset Management has provided $370 million of mortgage financing against the 517-unit Society Brooklyn apartment complex in the Gowanus section of Brooklyn, NY The loan allowed the property’s developer, a venture of...
Commercial Observer Yoshida & Co has paid $335 million, or $5,403/sf, for the 6,200-square-foot retail building at 103 North Fourth St in the Williamsburg section of Brooklyn, NY The Japanese maker of bags and accessories acquired the one-story...
Rentvcom BWE has provided $829 million of Fannie Mae financing against the 398-unit River Ranch Apartments in Simi Valley, Calif, a northwest suburb of Los Angeles The five-year loan pays a fixed-rate coupon and allows the owner, Decron Properties,...
Dallas Business Journal Younger Partners Investments has lined up $1137 million of financing for its purchase of the 375,000-square-foot Presidio Junction retail portfolio in Fort Worth, Texas An unidentified life insurance company provided the...
Commercial Real Estate Direct Staff Report The SL Green Realty Corp venture that owns One Madison Ave in the Midtown South submarket of Manhattan has lined up a $165 billion mortgage against the 14 million-square-foot office property The loan is...
An affiliate of PGIM Real Estate has provided $45 million of financing against the 161-unit Reside on Barry apartment property in Chicago Northmarq arranged the seven-year loan on behalf of the property’s owner, Newcastle Investors of Chicago...
Dwight Capital has provided a $56 million loan under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 269-unit StoneHawk Rosehill apartment property in the Dallas suburb of Garland, Texas The...
ConnectCRE GenCap Partners has lined up $465 million of bridge financing for Park at Westover Hills, a 372‑unit apartment community in San Antonio The Dallas company secured the floating-rate loan from Walker & Dunlop Investment Partners...
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