Dallas Business Journal Younger Partners Investments has bought Crossroads at Terrell, a 260,876-square-foot retail center in Terrell, Texas, about 30 miles east of Dallas The Dallas real estate investor acquired the property from RealtyLink of...
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...
Austin Business Journal Brandywine Realty Trust has sold the Solaris, a 341-unit apartment property in Austin, Texas, for $136 million, or $398,827/unit The buyer was not immediately known Solaris, at 11501 1/2 Burnet Road, opened two years ago and...
Houston Business Journal A venture of Simi Capital and Decker Capital has acquired three small-bay industrial properties totaling more than 360,000 square feet in Houston The sellers were not identified Sapphire Industrial Lending provided...
Dallas Business Journal Parmenter Realty Partners is offering for sale Mandalay Towers, an 800,000-square-foot office complex in the Las Colinas section of Irving, Texas The Miami owner has tapped Cushman & Wakefield to market the three-building...
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...
Commercial Observer Sumitomo Mitsui Banking Corp has provided $1075 million of financing against a 599-unit apartment portfolio in Richardson, Texas, and King of Prussia, Pa Ares Real Estate owns the two-property portfolio, which consists of Axis...
D2 Residential has provided $621 million of financing against the 316-unit Exchange at Holly Springs apartment property in the Raleigh, NC, suburb of Holly Springs, NC The five-year loan, which pays a floating coupon, was arranged by JLL Capital...
Dwight Capital has provided $32 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 110-unit Americana apartment property in Philadelphia The property, at 1775 North American St, is...
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