South Florida Business Journal S3 Capital has provided $35 million of financing for the construction of the 162-unit third phase of the Casa Princeton apartment project in Miami Berkadia arranged the two-year, floating-rate loan Aconcagua Developers...
Realterm and Starwood Property Trust Inc have partnered to provide a $672 million mortgage against a portfolio of 78 industrial outdoor-storage, or IOS, properties owned by a venture of Stonemont Financial Group and Cerberus Capital Management The...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and funds managed by AB CarVal have provided $42 million of mortgage financing against the 245-room THesis Hotel Miami in Coral Gables, Fla The property is part of the larger...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
Triangle Business Journal Turnbridge Equities has paid $719 million, or $224,688/unit, for the 320-unit SkyHouse Raleigh apartment building in Raleigh, NC The New York real estate investor acquired the 23-story property from World Wide Group, also...
San Antonio Business Journal LXMI Capital has lined up a $364 million loan for its purchase of the DoubleTree by Hilton San Antonio Airport hotel in San Antonio Fortress Investment Group provided the financing LXMI, an Austin, Texas, investor...
CMBS loans against properties in the country’s top 10 metropolitan statistical areas had a pay-off rate of 5631% this year through July In other words, $252 billion of the $474 billion of loans that came due paid off on time The payoff data...
Northmarq has provided $561 million of Fannie Mae financing against the 354-unit Wintercrest Village apartments in the San Diego suburb of Lakeside, Calif The 10-year loan requires only interest payments for its entire term The property, at 12002...
Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, a recently launched index that tracks net-effective rents at similar-quality properties...
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.
