City: Denver
Hudson Bay Lends $55Mln Against Denver Hotel
HotelBusiness.com Hudson Bay Capital has provided $55 million of financing against the 561-room DoubleTree by Hilton Hotel Denver. The floating-rate financing has a two-year term, but comes with a 12-month extension option. The loan allows the owners of the property, ...
$19Mln Loan Against Denver Office Property Goes to Special Servicing
Commercial Real Estate Direct Staff Report The $19 million CMBS loan against the 182,505-square-foot office property at 700 17th St. in Denver has transferred to special servicer LNR Partners as it is more than 90 days delinquent. The transfer was ...
Greystar-Led Group Opens 230-Unit Apartment Property in Denver
Multi-Housing News A development group led by Greystar has opened the Dorsey, a 230-unit apartment property in Denver. The Charleston, S.C., company, along with partners Ivanhoe Cambridge and the Public Sector Pension Investment Board, broke ground on the property in ...
Centerpark
A venture of Westfield and Reinsurance Group of America has paid $73 million, or $169.31/sf, for Centerpark, a 431,157-square-foot industrial property in Denver. Westfield, of France, and Reinsurance Group, of Chesterfield, Mo., purchased the property from Prologis in a deal ...
Lowry North
Berkadia arranged the latest deal and secured $32.24 million of Freddie Mac financing to facilitate the purchase. The financing takes out a $24.3 million Freddie Mac loan that's securitized through FREMF, 2015-K50, and a $2.79 million supplemental loan that's in ...
MBK Rental Makes $81.23Mln Equity Investment in Denver Apartments
MBK Rental Living, a unit of Mitsui & Co., has made an $81.23 million equity investment in the 578-unit Alexan Pena Station apartment complex that Trammell Crow Residential is building in Denver. The joint-venture equity was arranged by Berkadia's JV ...
Prologis Sells Denver Industrial Property for $73Mln
Mile High CRE A venture of Westfield and Reinsurance Group of America has paid $73 million, or $169.31/sf, for Centerpark, a 431,157-square-foot industrial property in Denver. Westfield, of France, and Reinsurance Group, of Chesterfield, Mo., purchased the property from Prologis ...
Allure Apartments
JLL Capital Markets has provided $43.18 million of Freddie Mac financing to facilitate the purchase of the 252-unit Allure Apartments in Denver. Gelt Venture Partners LLC bought the property, at 1300 South Willow St., for $68.12 million, or $270,317/unit, from ...
2 Industrial Leases Signed at Denver Property
Brookfield Properties has secured two industrial leases totaling 495,000 square feet at Central Park Logistics Center in Denver. The New York company hired Newmark to market the space. Discount Tire is taking 339,000 sf, while Marcone Supply Inc. will lease ...
JLL Writes $43.18Mln Freddie Loan for Denver Apartment Purchase
Commercial Real Estate Direct Staff Report JLL Capital Markets has provided $43.18 million of Freddie Mac financing to facilitate the purchase of the 252-unit Allure Apartments in Denver. Gelt Venture Partners LLC bought the property, at 1300 South Willow St., ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
