Commercial Real Estate Direct Staff Report So far this year, $161 billion of conduit loans have been securitized, and 845% of that total, or $136 billion, consists of five-year loans, according to analysis by Trepp Inc Until recently, five-year...
Portman Holdings has lined up $540 million of financing for the construction of the 700-room Cincinnati Downtown Marriott hotel project The Atlanta developer obtained the financing from Bank OZK, which provided a senior portion of the loan, and...
Cirrus Real Estate Partners has provided $1004 million of mortgage financing against the two-building DiVosta Towers office complex in Palm Beach Gardens, Fla The three-year loan, arranged by Berkadia, allowed the property’s developer and...
PGIM has provided $222 million of mortgage financing against a pair of office buildings with 101 million square feet in Manhattan owned by Rudin Management Co The investment manager provided $140 million for the 582,405-sf 41 Madison Ave, which sits...
The Real Deal Bascom Group has lined up $52 million of financing against the 366-unit Cantera at Towne Lake apartment property in Cypress, Texas The Irvine, Calif, company will use a portion of the loan proceeds for renovations It paid $545...
South Florida Business Journal An affiliate of North American Development Group has lined up $1206 million of construction financing for Nuvo Delray Beach, a 476-unit apartment project in Delray Beach, Fla Wells Fargo Bank provided the loan The West...
Apollo Global Management and Affinius Capital have committed $600 million of financing for the construction of the 1,100-unit 175 Third St apartment building within the Gowanus Wharf complex in Brooklyn, NY RXR, meanwhile, has made a $185 million...
The universe of commercial real estate loans increased in the first quarter by 096% from the fourth quarter to $509 trillion, according to Trepp Inc analysis of Federal Reserve...
Dwight Capital has provided $39 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 174-unit Timberview Apartments in Oregon City, Ore The loan—those under the 223(f) program fully...
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