Commercial Real Estate Direct Staff Report ORIX Real Estate Capital has provided $55 million of mortgage financing against the 200-unit Swell apartments in Seattle The loan, arranged by Newmark, allowed the property’s owner, a venture of Mack...
The Real Deal An affiliate of Goldman Sachs has paid $1545 million, or $389,169/unit, for the 397-unit Modera Academical Village I apartment complex in Davie, Fla The New York company acquired the property from Mill Creek Residential of Boca Raton,...
The Real Deal Galium Capital has paid $287 million, or $183,974/unit, for the 156-unit Arbors Aventura apartment property in North Miami Beach, Fla The Miami real estate investment firm acquired the property from a venture of Mavik Capital...
The Real Deal Redfearn Capital has paid a total of $422 million for two commercial properties along East Atlantic Avenue in Delray Beach, Fla, in separate transactions The local investment firm paid $382 million, or $1,675/sf, at auction for a...
Multi-Housing News JPL Development has secured $483 million of Freddie Mac financing against the Edison at Maple Grove, a 248-unit apartment property in the Minneapolis suburb of Maple Grove, Minn Gantry arranged the 10-year loan, which requires...
Commercial Observer S3 Capital has provided $45 million of construction financing for a planned 99-unit apartment property in the Williamsburg section of Brooklyn, NY GW Infinity of Brooklyn is developing the 17-story project at 277 North Eighth St...
Hilco Global Real Estate Capital has provided $445 million of financing against the 249,012 square feet of office and retail space at the former Freeport-McMoRan Center in Phoenix The loan, arranged by Sterling Realty Capital of New York, allows the...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
Commercial Observer Kolter Urban and BH Group have lined up $197 million of construction financing for Olana Naples Residences, a 12-unit condominium project in Naples, Fla Apollo Global Management and BDT & MSD Partners provided the debt Units...
Northwind Group has provided $208 million of construction financing to fund the conversion of part of the 400,000-square-foot office building at 141 Willoughby St in downtown Brooklyn, NY, into 239 rental apartment units A venture of Capstone...
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