ConnectCRE Wells Fargo Bank has provided $125 million of financing against Larimer Square, a 513,000-square-foot mixed-use property in downtown Denver that’s owned by Asana Partners of Charlotte, NC, which bought it in 2020 for $925 million...
Goodwill Industries International has paid $1975 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St in Savannah, Ga The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga,...
Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St in Chicago through a deed in lieu of foreclosure The venture previously...
Dwight Mortgage Trust has provided $183 million of financing for the construction of a 530-unit apartment property in the northern California city of Gilroy The loan is the largest construction loan ever originated by the company, the mortgage REIT...
Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
Commercial Real Estate Direct Staff Report The 278 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million It marks the third time the 83-story building – the third tallest in the city after...
The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture...
South Florida Business Journal Tabani Group has paid $2573 million, or $1,080/sf, for the 23,824-square-foot Wynwood Jungle retail property in Miami The Dallas investor acquired the two-story shopping center from an affiliate of local real estate...
Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St in Brooklyn, NY, has been reappraised at a value of only $231 million, contributing to Morningstar DBRS’ downgrade of five principal-paying classes...
Washington Business Journal GoodHomes Communities has paid $35 million, or $187,166/unit, for the Arlington Court Suites, a 187-room hotel in the Washington, DC, suburb of Arlington, Va The New York investment firm purchased the property from an...
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