Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Jones Lang LaSalle Inc has launched a non-traded mortgage REIT that would originate and acquire a variety of commercial real estate debt instruments...
JPMorgan Chase Bank has provided $665 million of mortgage financing against the 81,684-square-foot office building at 836-838 Broadway in Manhattan’s Union Square neighborhood The loan, arranged by Newmark, allowed the 150-year-old...
Commercial Real Estate Direct Staff Report JLL Real Estate Capital has provided $8605 million of Fannie Mae mortgage financing against the 400-unit Griffis Union Station apartments in downtown Denver The five-year loan allowed the property’s...
Torchlight Investors has provided $238 million of financing against the 631-unit Landmark South apartment property in the Miami suburb of Doral, Fla The short-term loan was arranged by Walker & Dunlop and allowed the property’s owner, JSB...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
A venture of Blackstone and LBA Realty has lined up $270 million of CMBS financing against One Culver, a 378,377-square-foot office property in Culver City, Calif Nomura Holdings originated the two-year loan, which includes three one-year extension...
Aquarian Real Estate Partners and 3650 Capital have provided $723 million of debt financing to help fund the purchase of a 929,899-square-foot chunk of the Randhurst Village retail center in the Chicago suburb of Mount Prospect, Ill Aquarian, whose...
Commercial Real Estate Direct Staff Report The 441,523-square-foot office building at 3000 Post Oak Boulevard in Houston’s Galleria area has been sold in a deal that resulted in $648 million of losses to the three CMBS trusts that held an $80...
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