Northwind Group has provided $401 million of mortgage financing for the Ritz-Carlton Residences Palm Beach Gardens, a 106-unit residential property that Catalfumo Cos is developing in Palm Beach Gardens, Fla The loan, arranged by Berkadia, is backed...
Commercial Real Estate Direct Staff Report The commercial real estate market is enjoying a period of substantial lender liquidity Properties that have been stabilized will generally be able to get financing and often will find offers from a number...
The Real Deal RPM Living has paid $1514 million, or $398,421/unit, for Biscayne Shores, a 380‑unit residential complex in Miami The Austin, Texas, multifamily investor acquired the property from a venture of Integra Investments, Korgeous Group,...
Atlanta Business Chronicle Infor is leasing 82,000 square feet of office space at Campus 244, a nearly 13-acre mixed-use development in the Atlanta suburb of Dunwoody, Ga The software provider, a subsidiary of Koch Inc, is relocating its...
Commercial Real Estate Direct Staff Report The commercial real estate sector has become increasingly bifurcated Class-A properties, even offices, are doing quite well Others: not so much That was the meat of the discussion at the Bifurcation and...
Freddie Mac funded $1285 billion of multifamily loans during the first quarter, up 30% from the $10 billion it funded a year ago, but 55% less than the $29 billion it funded during last year’s fourth quarter The agency typically acquires...
Commercial Real Estate Direct Staff Report The second annual Trepp Connect conference got underway earlier today in Manhattan’s Rockefeller Center, with more than 200 attendees After opening remarks by Annemarie DiCola, chief executive of...
Fannie Mae funded 669 multifamily loans with a balance of $171 billion during the first quarter, up nearly 45% from the $118 billion it funded a year ago The latest quarter’s volume increased the housing-finance agency’s book of...
South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $655 million, or $248,106/unit The local investor purchased the three-story complex from an affiliate of Grand Peaks...
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in...
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