JLL Capital Markets has provided $42 million of Fannie Mae mortgage financing against Portola Bridge Creek, a 270-unit apartment property in Vancouver, Wash, owned by SB Real Estate Partners of Irvine, Calif The Fannie loan pays a fixed coupon and...
Prime Finance has provided $405 million of financing against the 162-unit Payton Apartments in Portland, Ore JLL Capital Markets secured the five-year loan on behalf of the property’s owner, ColRich of San Diego The seven-story property was...
Alternative lender 3650 Capital has provided $24 million of financing to fund the construction of a 949-unit self-storage property in Yonkers, NY Construction of the property, which will be branded and operated by CubeSmart, got underway in 2022 on...
Atlanta Business Chronicle A venture of Portman Holdings and Perform Properties, a unit of Blackstone, has lined up $278 million of financing against Ten Twenty Spring, a 525,000-square-foot office building in Atlanta’s Midtown area Eldridge...
Alpaca Real Estate has completed capital-raising efforts for its inaugural commingled fund, having raised $223 million of investor commitments The New York investment manager was launched in 2023 by a team led by Daniel Carr, former principal of...
Foreign investors pursuing permanent residency in the United States through the EB-5 visa program have until September 30 to take advantage of existing minimum investment...
Real Capital Solutions has launched its first-ever commingled fund, RCS Contrarian Office Fund, with a $350 million equity target The fund will pursue investments in class-A and -B office properties in primary and secondary markets that might be...
Ramsfield Hospitality Finance has provided $32 million of mortgage financing against the 246-room Embassy Suites by Hilton Orlando Icon Park hotel within the ICON Park entertainment area in Orlando, Fla The loan was arranged by Robert Douglas The...
Commercial Real Estate Direct Staff Report Los Angeles investors Danny Sooferian and Ramin Saghian have paid $6313 million, or $19544/sf, for the 323,016-square-foot Orange Center Tower office property in the Los Angeles suburb of Orange, Calif The...
Puget Sound Business Journal A venture of Stoneway Capital and Ardent Capital Management has provided $107 million of financing against the 720,000-square-foot office and hotel property at 225 South King St in the Pioneer Square neighborhood of...
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.
