Commercial Real Estate Direct Staff Report Wells Fargo Bank provided $1365 million of mortgage financing to help facilitate Canyon Creek Real Estate’s acquisition of the 519,959-square-foot 111 Congress office building in downtown Austin,...
Greystar has paid $3966 million, or $147,985/unit, for the 268-unit Avana Bartram Springs apartment complex in Jacksonville, Fla The Charleston, SC, investment manager bought the property, at 14951 Walden Springs Way, from Fogelman Properties of...
Multi-Housing News Nimes Real Estate has lined up a $229 million Fannie Mae for its purchase of the Hilliard Pointe Apartments, a 218-unit property in Hilliard, Ohio, about 11 miles northwest of Columbus, Ohio Newmark arranged the five-year loan...
JLL Capital Markets has provided $42 million of Fannie Mae mortgage financing against Portola Bridge Creek, a 270-unit apartment property in Vancouver, Wash, owned by SB Real Estate Partners of Irvine, Calif The Fannie loan pays a fixed coupon and...
Prime Finance has provided $405 million of financing against the 162-unit Payton Apartments in Portland, Ore JLL Capital Markets secured the five-year loan on behalf of the property’s owner, ColRich of San Diego The seven-story property was...
Alternative lender 3650 Capital has provided $24 million of financing to fund the construction of a 949-unit self-storage property in Yonkers, NY Construction of the property, which will be branded and operated by CubeSmart, got underway in 2022 on...
Atlanta Business Chronicle A venture of Portman Holdings and Perform Properties, a unit of Blackstone, has lined up $278 million of financing against Ten Twenty Spring, a 525,000-square-foot office building in Atlanta’s Midtown area Eldridge...
Bisnow Management of the 2 million-square-foot Worldwide Plaza office property in Manhattan has been transferred to Cushman & Wakefield from SL Green Realty Corp The property, which was placed in the hands of receiver Hilco Global in March,...
Boston Business Journal Panera Bread has signed a 12-year lease for 102,000 square feet at 133 Boston Post Road, a 356,995-sf office building in Weston, Mass The space will serve as the restaurant chain’s new headquarters after it relocates...
Ramsfield Hospitality Finance has provided $32 million of mortgage financing against the 246-room Embassy Suites by Hilton Orlando Icon Park hotel within the ICON Park entertainment area in Orlando, Fla The loan was arranged by Robert Douglas The...
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