Independence Realty Trust Inc has agreed to acquire Centerspace in a stock transaction valued at $215 billion, including assumed liabilities Under terms of the agreement, every Centerspace common share and operating partnership unit will be...
Prime Finance has provided $63 million of mortgage financing against three apartment properties with 94 units in Manhattan’s Chelsea neighborhood that are owned by Slate Property Group The loan, arranged by Arrow Real Estate Advisors of New...
Berkadia has provided $3855 million of Freddie Mac mortgage financing against the 306-unit Tennis Towers Apartments in West Palm Beach, Fla The loan has a seven-year term and requires only interest payments for its first four years It then amortizes...
Dwight Investment Management, the investment management arm of Dwight Capital, has funded a $115 million bridge loan against the recently completed Seventeen Hundred apartment property in Charlotte, NC The 295-unit property, at 1755 Lombardy Circle,...
Commercial Observer A venture of Saber-Hightower and Granoff Real Estate has lined up $755 million of construction financing for the conversion of two office buildings in Norwalk, Conn, into the 286-unit M7 Lofts apartment property Bank OZK provided...
Commercial Observer A venture of East West Partners, CBC Real Estate and Affinius Capital has lined up $141 million of financing against a 535,000-square-foot office campus in Raleigh, NC Cantor Fitzgerald provided the loan, which was arranged by...
Peachtree Group has raised $915 million through a Delaware Statutory Trust for the purchase of the 594,522-square-foot distribution facility at 122 Dorchester Village Road in Midway, Ga, which is roughly 30 minutes from Savannah, Ga The Atlanta...
A venture of Rockpoint and Newbond Holdings has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale, Curio Collection by Hilton The venture bought the five-year-old property, which sits on a waterfront parcel at 525...
Commercial Property Executive Waterfall Asset Management and Delaware Life have provided $647 million of financing against the 301,000-square-foot Torrance office building in Torrance, Calif Newmark arranged the financing on behalf of the...
Gaia Real Estate has negotiated another one-year term extension for the $48 million mortgage against the 117-unit 55 Hope St apartment building in Brooklyn, NY The loan, held by Raymond James Bank, initially matured last September but was extended...
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