Commercial Real Estate Direct Staff Report The GGP Retail operation of Brookfield Corp has lined up a $125 million mortgage against its Clackamas Town Center shopping mall in the Portland, Ore, suburb of Happy Valley, Ore The five-year loan, from an...
Commercial Observer Citigroup has provided $28 million of financing against the 174,000-square-foot office property at 1530 Wilson Blvd in Arlington, Va Jemal Equities owns the 10-story building, which it bought in October 2025 for $28 million from...
Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
New York Business Journal Sabet Group has paid $325 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan’s Turtle Bay neighborhood The New York real estate firm acquired the portfolio...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
Commercial Real Estate Direct Staff Report An affiliate of Keech Properties has paid $478 million, or $250,261/unit, for the 191-unit Astor at Osborn apartment property in Phoenix The Redwood City, Calif, company acquired the property, at 3300 North...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
FrontRange Capital Partners has lined up $7483 million of Freddie Mac financing against the 220-unit EVO St Petersburg apartment property in St Petersburg, Fla Walker & Dunlop arranged the fixed-rate loan on behalf of the Denver private equity...
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