Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
South Florida Business Journal An affiliate of JVP Management has provided $1402 million of additional financing for New River Center, a 400-unit apartment project that’s under construction in Fort Lauderdale, Fla The lender took over an...
South Florida Business Journal The city of Coral Gables, Fla, has paid $24 million, or $45258/sf, for the 53,029-square-foot medical-office building at 475-495 Biltmore Way in that suburban Miami city It acquired the property from ShareMD of...
South Florida Business Journal BKM Capital Partners has paid $33 million, or $29741/sf, for Park Central Business Center, a 110,958-square-foot industrial property in Fort Lauderdale, Fla The Newport Beach, Calif, real estate firm acquired the...
Washington Business Journal The CMBS trust that holds the $501 million loan against Worldgate Centre in Herndon, Va, has taken title to the 229,000-square-foot retail property at a foreclosure auction Five other groups competed in the auction,...
Multi-Housing News Corten Real Estate has provided $785 million of financing to facilitate CrossHarbor Capital Partners’ purchase of the 335-unit Alyssa apartment property in Tempe, Ariz CrossHarbor, of Boston, acquired the property, at 98...
Multi-Housing News Capital One has originated a $1572 million Fannie Mae loan against the 309-unit Villas at Playa Vista – Montecito apartment property in Los Angeles The loan allowed the property developer and owner, Irvine Co of Newport Beach,...
PCCP has provided $683 million of mortgage financing against the recently completed Palm Gateway Logistics Center, a four-building industrial complex with 614,800 square feet in Mesa, Ariz The loan allows the property’s developer, Logistics...
Atlanta Business Chronicle Starwood Capital Group has lined up $947 million of additional financing against One Atlantic Center, a 50-story office building in Atlanta Deutsche Bank provided the financing, increasing the balance of an original loan...
Orlando Business Journal ExchangeRight Real Estate has paid $12013 million for the more than 1 million-square-foot Amazon distribution center at 2501 North Normandy Blvd in Deltona, Fla The Pasadena, Calif, real estate firm acquired the property...
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