State: Ohio - OH

The collateral pool for what originally was a $384.8 million CMBS loan against a portfolio of apartment properties that Chetrit Group purchased in 2019 for $522 million is likely to shrink further in the coming months.

Lument has provided $53.1 million of financing against the 266-unit South Bank at Quarry Trails apartment property in Columbus, Ohio. The two-year loan, which the ORIX Corp. subsidiary funded off its balance sheet, allowed the property's owner, Thrive Cos. of ...

Cincinnati Business Courier Real Capital Solutions has paid $59 million, or $106.57/sf, for First Financial Center, a 553,659-square-foot office building in downtown Cincinnati. The Louisville, Colo., investor acquired the property from Tolis Advisors, which bought it out of receivership in ...

USBank has provided $107.25 million of mortgage financing against six industrial properties with 1.48 million square feet, helping fund the $165 million purchase of the portfolio by an investment fund sponsored by MDH Partners. As reported, the portfolio was purchased from ...

Haverford Retail Partners has completed its $126 million purchase of a portfolio of three retail properties with 767,546 square feet in New Jersey, Ohio, and Pennsylvania from Site Centers Corp. The transaction, which was agreed to in September, was arranged by ...

Multi-Housing News JPMorgan Chase Bank has provided a $40.8 million loan to facilitate RPM Living's purchase of the Reserve at Glenbridge, a 274-unit apartment property in Cincinnati. RPM, an Austin, Texas, investor, acquired the property from GoldOller Real Estate Investments ...

Commercial Property Executive B'laster Holdings has agreed to fully lease Westfield Commerce Park, a 450,112-square-foot industrial building in Seville, Ohio. The specialty chemical manufacturer is taking the space from Stonemont Financial Group, which was represented by JLL. Westfield Commerce Park ...

Commercial Real Estate Direct Staff Report MDH Partners has paid $165 million for a portfolio of six industrial buildings with 1.48 million square feet in Kentucky, Georgia, Florida, and Ohio. The Atlanta investment manager, which early last year raised $1.2 ...