City: Albany

Dwight Capital has provided $28.7 million of financing under the U.S. Department of Housing and Urban Development's section 223(f) program for the Albany Lofts at One Broadway, a 145-unit apartment property north of Albany, N.Y. The loan allowed the property's ...

Commercial Real Estate Direct Staff Report The $217.7 million CMBS loan against the Crossgates Mall in Albany, N.Y., which transferred to special servicing in April, has been modified, with its principal and interest payments deferred through at least next month ...

Commercial Real Estate Direct Staff Report The Davis Cos. has paid $73.7 million, or $117/sf, for the 629,575-square-foot Latham Farms shopping center in Latham, N.Y., an Albany, N.Y., suburb. The Boston real estate investor bought the property from Kimco Realty ...

Nigro Cos., an Albany, N.Y., developer, has paid $49.3 million, or $112.50/sf, for Wilton Square, a 438,097-square-foot retail center in Saratoga Springs, N.Y. The property was purchased from Retail Properties of America Inc. in a deal brokered by CBRE's national ...

Albany Business Journal A group of Brooklyn, N.Y., investors has paid $33 million, or roughly $194/sf, for 677 Broadway, a 170,000-square-foot office building in Albany, N.Y. It acquired the 12-story building from Columbia Development Cos. The property serves as collateral ...

Commercial Real Estate Direct Staff Report The $76.6 million CMBS loan against Commerce Corporate Plaza, a 746,052-square-foot office building in Albany, N.Y., matured earlier this month without being paid off. But servicer notes indicate the loan's likely to get repaid, ...

Commercial Real Estate Direct Staff Report Hampshire Properties is offering for sale the Riverview Center, a 977,780-square-foot office/industrial complex in upstate New York. The property, at 150 Broadway in the Albany suburb of Menands, N.Y., is expected to sell for ...

The Nightingale Group has sold the 722,084-square-foot RiversideCenter shopping center in upstate New York for $60.5 million, or roughly $84/sf. The New York real estate investment company was represented in the transaction by CBRE. It had acquired it two years ago ...

NJBiz A life-insurance company has provided $11.8 million of debt against a 65,000-square-foot ShopRite supermarket in Albany, N.Y. The seven-year debt, with a fixed rate, was arranged by HFF on behalf of the Hampshire Cos. Wakefern Corp. operates the retail ...