CMBS loans against office properties in just five of the country's 387 metropolitan statistical areas account for a little more than one-third of all CMBS office delinquencies...
Newmark has arranged $58 million of Fannie Mae financing against Everleigh San Clemente, a 150-unit apartment property in the Southern California city of San Clemente The age-restricted property, completed in 2023, is owned by a venture of Greystar...
REBusinessOnline Associated Bank has provided $501 million of financing for the construction of Aura Brookview, a 300-unit apartment project in the Dallas suburb of Flower Mound, Texas Trinsic Residential Group of Dallas is constructing the...
Philadelphia Business Journal Harbert Management Corp has lined up $40 million of financing against the Cogir of Glen Mills, a 173-unit seniors-housing community in Glen Mills, Pa, a suburb of Philadelphia An undisclosed regional bank provided the...
Pittsburgh Business Times A portfolio of three office buildings totaling 351,000 square feet at the Parkway Center development in Pittsburgh is headed to the auction block through the TenX online platform JLL is overseeing the offering, which...
Commercial Real Estate Direct Staff Report Affinius Capital LLC has provided $17725 million of mortgage financing against a pair of apartment properties with 409 units in Edgewater, NJ, and Yonkers, NY, that were acquired by a venture led by Lincoln...
South Florida Business Journal A local development group led by Giuseppe Iadisernia has lined up a $50 million mezzanine loan to complete the East Tower condominium component of the Oasis Hallandale mixed-use project in Hallandale Beach, Fla...
Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
Commercial Property Executive Travelers Club Luggage has paid $513 million, or $34076/sf, for the GLP Mid-Counties Distribution Center, a 150,548-square-foot industrial property in Santa Fe Springs, Calif The travel gear company acquired the...
South Florida Business Journal An affiliate of JPMorgan Investment Management has paid $385 million, or $17776/sf, for a pair of warehouse properties totaling 216,586 square feet in Kendall, Fla The New York investment manager acquired the...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
