A Drucker + Falk affiliate has acquired the 240-unit Point at Hampton Hollow Apartments in Silver Spring, Md., for $49 million, or $204,167/unit. The three-story property, at 3408 Hampton Hollow Drive, was built in 1987 and last was owned by ...
Commercial Observer Capital One has originated $513 million of Freddie Mac financing against a portfolio of seven apartment properties with a combined 3,227 units in Maryland, Pennsylvania and Virginia. Meridian Capital Group arranged the financing, which has a 10-year term ...
Commercial Observer Brookfield Property Partners has secured $110 million of financing against Silver Spring Metro Plaza, a 708,000-square-foot mixed-use complex in Silver Spring, Md. Landesbank Hessen-Thuringen Girozentrale provided the loan, which has a five-year term and pays a coupon of ...
The buyer lined up $38.1 million of Freddie Mac financing through CBRE to help fund the purchase.
The venture secured $69.4 million of Freddie Mac financing to help fund the acquisition.
EagleBank provided $24.1 million of financing to help fund the venture's acquisition.
93 percent leased. GBT Realty, a Nashville, Tenn., developer, bought the five-story property in a venture with Equity Resource Investments of Cambridge, Mass., and Avante Financial Group of Chile. The deal includes air rights for a 250,000-sf office building to ...
The sale of the property resulted in the retirement of a $56.2 million CMBS loan. The interest-only debt was securitized through FREMF, 2015-KF09. It was the second-largest loan in the trust, accounting for 9.6 percent of the remaining balance.
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.
