Santander Bank has provided $715 million of financing, while Washington Capital Management has made a $418 million equity investment in Commonwealth Development Partners’ 500 North Michigan Ave redevelopment project in Chicago The Greenwich,...
BridgeInvest has provided $1143 million of mortgage financing against the 161,824-square-foot Rivani mixed-use property at 1691 Michigan Ave near Miami Beach’s Lincoln Road pedestrian promenade The loan, arranged by Berkadia, allowed the...
The Rochester, NY, suburb of Victor, NY, has proposed taking over the Eastview Mall and Commons retail property through eminent domain as a way of resetting the shopping mall's capital structure...
Phoenix Business Journal Data center developer 5C AI has paid $2275 million, or $20059/sf, for the 113,414-square-foot industrial building at the northwest corner of McDowell Road and 27th Avenue in Phoenix The The Saint-Laurent, Quebec, company...
Decron Properties has paid $114 million, or $699,386/unit, for the 163-unit apartment property at 5550 Wilshire Blvd in Los Angeles The local investment manager bought the property from General Investment and Development, or GID, in a deal brokered...
Commercial Observer Corebridge Financial has provided $293 million of fixed-rate financing against the 158,957-square-foot mixed-use property at 40 10th Ave in Manhattan’s Meatpacking District A venture of New York companies Aurora Capital...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
Atlanta Business Chronicle A venture of KDC, Cadillac Fairview, and Compatriot Capital is offering for State Farm’s 106 million-square-foot headquarters complex in the Atlanta suburb of Dunwoody, Ga Newmark has been tapped to market the...
South Florida Business Journal An affiliate of Disaster Management Group has paid $1925 million, or $18815/sf, for a 102,310-square-foot warehouse at 15132 Park of Commerce Blvd in Jupiter, Fla The local company acquired the industrial property from...
Commercial Property Executive Bank of America has provided $725 million of financing against Alameda Business Centre, a 507,000-square-foot industrial property in Los Angeles The financing was arranged on behalf of the property’s owner,...
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