PCCP has provided $1639 million of financing for the construction of the 426-unit Paramus Chapter apartment property that a venture between Russo Development and Kushner Real Estate Group is developing in the northern New Jersey borough of Paramus...
Mesa West Capital has provided $615 million of mortgage financing against the 125,100-square-foot office building at 285 Sobrante Way in the Silicon Valley city of Sunnyvale, Calif The collateral building, constructed in 2021 by a venture of...
Voya Investment Management has provided $958 million of financing against a portfolio of six apartment properties with 1,461 units in Los Angeles and California’s Inland Empire Northmarq arranged the financing on behalf of the...
South Florida Business Journal Madison Realty Capital has provided $463 million of financing for the South Tower of the St Regis Residences, Sunny Isles Beach, a 170-unit condominium project that’s under construction in Sunny Isles Beach, Fla...
Dwight Investment Management has provided $73 million of financing against the recently completed Ballpark Apartments, with 368 units in Reno, Nev The short-term loan allows the property’s developer and owner, a venture of Pacific Development...
Barings has provided a $1386 million loan against the 656,000-square-foot Speedway Commerce Center in Rancho Cucamonga, Calif The loan allowed the property’s owner, Hillwood Development Corp of Dallas, to retire a $140 million construction...
Crain’s Chicago Business DekaBank has provided $79 million of financing against the 197,433-square-foot office building at 345 North Morgan St in Chicago’s Fulton Market District The debt allows the owner of the property, Sterling Bay,...
Commercial Real Estate Direct Staff Report Despite two years of elevated rates, most lender types posted modest growth in outstanding balances during the second quarter Banks expanded at a steady pace, but the government-sponsored enterprises (GSEs)...
Kam Sang Co has paid $115 million for the $290 million loan against Wells Fargo Center South, a 12 million-square-foot office property in downtown Los Angeles The Arcadia, Calif, real estate developer acquired the loan from a group of lenders that...
Commercial Observer Colorado Federal Bank has provided $23 million of construction financing for the conversion of a former event venue in Brooklyn, NY, into a 60-unit apartment property Double U Development is developing the eight-story project at...
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