Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Charlotte Business Journal ESJ Capital Partners has paid $295 million, or $204,861/unit, for the 144-unit Bridges of Cabarrus apartment property in the Charlotte, NC, suburb of Kannapolis, NC The Miami real estate investor acquired the community...
Dwight Capital has provided $60 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 194-unit Birchwood Grove townhome property in Davenport, Iowa Loans under the 223(f) program fully...
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...
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