South Florida Business Journal Empira Group has lined up $81 million of construction financing for The Aurelian, a 160-unit apartment project that’s under construction in Coral Gables, Fla Pearlmark provided the loan, which was arranged by...
BXP Inc has sold a 106% equity stake in the roughly 930,000-square-foot office building it’s constructing at 343 Madison Ave next to the Grand Central Terminal in Midtown Manhattan to AVRS Partners of New York The Boston REIT hasn’t yet...
KPMG is in talks to lease about 250,000 square feet at the 13 million-sf office building at 300 North LaSalle St in Chicago The accounting firm would relocate from Aon Center, where it occupies about 236,000 sf under a lease that expires in 2029 The...
South Florida Business Journal An affiliate of Miso Scale Diagnostics has paid $2752 million, or $32762/sf, for the 84,000-square-foot warehouse at 1114 North Congress Ave in West Palm Beach, Fla The Rockville, Md, biotechnology company acquired the...
South Florida Business Journal An affiliate of Riverside District Development has paid $2203 million, or $60588/sf, for the 36,377-square-foot retail building at 930 Lincoln Road in Miami Beach, Fla The local developer acquired the property from a...
A total of $116 billion of the $63582 billion universe of securitized multifamily loans is delinquent That amounts to a delinquency rate of only 182% But the delinquencies aren't evenly distributed among securitization...
OakNorth and Hickory CRE Lending have provided $378 million of financing to fund the redevelopment of the 69,754-square-foot office property at 3333 K St NW in Washington, DC’s Georgetown area into a residential condominium property The...
Bravo Property Trust has provided $80 million of financing to fund the construction of a 194-unit apartment building at 2201 Third Ave in Manhattan’s East Harlem section The 22-story building, at 120th Street, four blocks from Marcus Garvey...
Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
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