David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Union
Tenant Departure Pushes Loan on S.C. Industrial Space to Special Servicing
Commercial Real Estate Direct Staff Report A $40 million CMBS loan that was written just more than a year ago against a South Carolina industrial property has transferred to special servicing, making it the 32nd industrial loan in special servicing. ...
Summit Court apartment property
The Oak Brook, Ill., investment manager bought the property, constructed in phases between 2018 and 2023, from a venture of Fidelco Realty Group of Millburn, N.J., and Diversified Properties of Montville, N.J. Summit Court is 93% occupied and includes an ...
393-Unit Apartment Property in Union, N.J., Sells for $131.5Mln
Inland Real Estate Group has paid $131.5 million, or $334,605/unit, for the 393-unit Summit Court apartment property at 450 Clermont Terrace in the northern New Jersey township of Union. The Oak Brook, Ill., investment manager bought the property, constructed in ...
3650 REIT Lends $50Mln Against S.C. Industrial Building
REBusniess Online CH Realty Partners has lined up $50 million of financing against the 150,000-square-foot industrial building at 260 Midway Drive in Union, S.C., about 30 miles southeast of Spartanburg, S.C. The loan was provided by 3650 REIT. The property ...
Transportation Company Leases 160,000 SF of Industrial Space in Union, N.J.
REBusiness Online Easton Coach Co. has fully leased a 160,000-square-foot industrial property at 601 Leigh Ave. in Union, N.J. The ground transportation services provider was represented in the lease by Lee & Associates, while Bussel Realty represented the property's owner. ...
396-Unit Apartment Property in Union, N.J., Gets Completed
REBusiness Online A partnership between New Jersey firms Diversified Properties and Fidelco Realty Group has completed construction of Summit Court, a 396-unit apartment property in Union, N.J. The property, at 1720 Patriot Way, has one- and two-bedroom units and includes ...
Developer Completes 153-Unit Apartment Property in Union, N.J.
Real Estate NJ RMS Cos. has completed the development of the 153-unit Canter Green apartment property in Union, N.J., about 25 miles southwest of Manhattan. The property, at 1255 Magie Ave., is on the site of a former salt factory. ...
Bridge Point Port West
fully occupied.
Eastgate Crossing shopping center/4540-4530 Eastgate Blvd.
fully occupied. The transaction includes the assumption of a $14.6 million mortgage that is securitized through Morgan Stanley Capital I, 2007-IQ14. It pays a 6.58 percent coupon and matures in May 2017.
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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.
