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Commercial Real Estate Direct Staff Report The value of a 699,584-square-foot office portfolio in Midland, Texas, has been slashed to $65.9 million. That's down 40.25% from 2019, when the five-building portfolio's securitized debt was originated. At that time, the properties ...
Commercial Real Estate Direct Staff Report The owner of a portfolio of five West Texas office buildings has plans to turn the properties over to its lender. That's according to a TreppWire report this morning, which cited comments from the ...
Churchill Forge Properties has bought The Clusters, a 352-unit apartment property in Midland, Texas. The San Antonio real estate company purchased the property from an unidentified out-of-state partnership in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. ...
Commercial Real Estate Direct Staff Report Berkadia has provided $33.8 million of Freddie Mac mortgage financing to facilitate LG Capital's purchase of three apartment properties with 449 units in Midland, Mich. LG Capital, of Milford, Mich., purchased the three properties ...
Dwight Capital has provided $34.38 million of financing, under the U.S. Department of Housing and Urban Development's 223(a)(7) program, for the 290-unit Blue Ridge Apartment Homes in Midland, Texas. The loan allowed the property's owner, Richmark Holdings of Greeley, Colo., ...
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