State: Montana - MT

Kohan Retail Investment Group has paid $27.99 million for the Rimrock Mall, the largest enclosed shopping mall in Montana. It bought the property from the CMBS trust that had held a $68.21 million loan against it.

JLL Capital Markets has arranged $47 million of financing for the construction of Freestone on Main, a 121-unit apartment property in downtown Bozeman, Mont. The financing includes a $32 million construction loan from a regional bank that has a three-year ...

Rentv.com California Gateway has paid $47.7 million, or $238.50/sf, for the 200,000-square-foot industrial property at 201 Frank Ave. in Belgrade, Mont. The private family office acquired the property, as part of a 1031 exchange, from an undisclosed seller that was ...

Berkadia has provided $72.85 million of financing, under the U.S. Department of Housing and Urban Development's 221(d)(4) program, for the construction of the second phase of the 19th and Graf Apartment Homes in Bozeman, Mont. The HUD loan fully amortizes ...

Dwight Capital has provided $37.7 million of financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 216-unit InterUrban Apartment Homes 2.0 in Billings, Mont. Loans written under the 221(d)(4) program typically fully ...

Berkadia has provided $50.98 million of financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of 2131 Graf, a 195-unit apartment property in Bozeman, Mont. The 40-year loan pays a coupon of 3.03 percent ...

Commercial Real Estate Direct Staff Report Starwood Capital Group is finalizing the deed-in-lieu of foreclosure transfer of the Rimrock Mall in Billings, Mont., to Wells Fargo Commercial Mortgage Trust, 2013-LC12, which holds a $72.77 million loan against it. The investment ...

ConnectCre.com Roundhouse Development has lined up $46 million of construction financing for the development of the Oxbow, a 400-unit apartment property in Bozeman, Mont. George Smith Partners secured the financing, which pays a coupon lower than 3 percent. The Boise, ...