389-Unit Apartment Property Opens in Morgan Hill, Calif.
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Rentv.com Ground has broken on the 266,025-square-foot University District office building in Seattle. The property is being built at 4300 Brooklyn Ave. NE, directly above the U District light rail station. It will have a rooftop terrace and 3,519 sf...
Commercial Real Estate Direct Staff Report M&T Bank has provided $19.8 million of Fannie Mae financing against the 120-unit Village Fair Apartment Homes in Bremerton, Wash. The fixed-rate loan pays a 5.63 percent coupon and has a five-year term. It...
Signature Bank, which was taken over by regulators last weekend, held a 12 percent share of the bank commercial real estate lending market in the New York metropolitan area, according to an estimate by Trepp Inc. As reported, the bank carried...
LAApartments has paid $55.5 million, or $225,609/unit, for three apartment properties with 246 units in Northridge, Calif., about 20 miles north of Los Angeles. The Los Angeles company purchased the properties from Upside Investments in a deal brokered by Northmarq....
Dallas Business Journal Summa Terra Ventures is breaking ground this fall on the nine-building Vic Centre multifamily project in Fort Worth, Texas. The Springville, Utah, company is building the 268-unit project at 7124 Anderson Blvd., east of the intersection of...
Pebblebrook Hotel Trust has sold the 306-room Sofitel Philadelphia at Rittenhouse Square for $80 million, or $261,438/room. The buyer couldn't be identified immediately. The sales price results in an 8.6 percent capitalization rate based on 2019 net operating income, Pebblebrook...
REJournals.com Bridge Industrial has signed a pair of logistics companies to leases totaling 1.38 million square feet at its Bridge Point Melrose Park, a 1.54 million-sf industrial project that's under construction in Melrose Park, Ill., about 16 miles west of...
Prime Finance has provided $52 million of financing to facilitate Longpoint Realty Partners' purchase of four industrial buildings with 84,346 square feet and two parcels of development land within the Van Nuys Airport Industrial Center in suburban Los Angeles. The...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 11.75 30.00 2.90 AAA AAA AAA 100.000 2.358 +60 P spread A-2 6.86 30.00 5.01 AAA AAA...
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