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
State: Utah - UT
New York Life Lends $38Mln Against Salt Lake City Apartment Property
New York Life has provided $38 million of financing against the 236-unit Bowers Residences apartment property in Salt Lake City. Northmarq arranged the fixed-rate loan on behalf of the property's developer and owner, Dakota Pacific Real Estate of Salt Lake ...
Calmwater Capital Lends $22.8Mln for Park City, Utah, Retail
Calmwater Capital has provided $22.8 million of financing against the 25,429-square-foot Kimball on Main retail property at 675 Main St. in the historic Old Town section of Park City, Utah. The short-term loan allowed the property's owner, Stanton Road Capital ...
Walker & Dunlop Writes $170Mln Fannie Mae Loan for Salt Lake City Apartments
Walker & Dunlop Inc. has originated $170 million of Fannie Mae financing against the 580-unit Post District Residences apartment property in downtown Salt Lake City. The loan was provided through Fannie's near-stabilization lending program, through which the housing-finance agency funds ...
Centerspace Enters Salt Lake City Apartment Market; Buys Property for $149Mln
Commercial Real Estate Direct Staff Report Centerspace has paid $149 million, or $618,257/unit, for the 241-unit Sugarmont apartments in Salt Lake City. The Minot, N.D., REIT bought the property, at 2191 South McClelland St., from Cottonwood Communities Inc., a Salt ...
200-Unit Student-Housing Property Breaks Ground in Salt Lake City
REBusiness Online Kayne Anderson has broken ground on the 562-bed Trolley North Apartments in Salt Lake City. The Los Angeles developer is building the 200-unit property at 470 South 700 East, about two miles west of the University of Utah. ...
Crafting Company Extends Lease for 128,000-SF Office Building Near Salt Lake City
Commercial Property Executive Cricut Inc. has extended its lease for the entire 128,000-square-foot Building Five within the RiverPark Corporate Center in South Jordan, Utah. The crafting company will continue to lease the building, at 5414 Center Field Drive, through 2029. ...
Driftwood Capital Scores $415Mln of Financing, Pref Equity for Nationwide Hotel Portfolio
Commercial Real Estate Direct Staff Report Driftwood Capital has lined up $415 million of financing against a portfolio of 18 Hilton, Marriott, and Margaritaville-branded hotels in 10 states. Wells Fargo Bank provided a $330 million senior loan, while ACORE Capital ...
Alternative Lender Funds $31Mln Loan for Completion of Salt Lake City Apartments
RMWC has provided $31.5 million of financing for the completion of the 149-unit Astoria apartment property in Salt Lake City. The two-year loan, which was arranged by Berkadia, allows the property's developer, Midtown Capital of Miami, to retire construction financing. ...
180-Room Hotel Planned in Park City, Utah
A venture of Extell Development and Hilton Hotels is planning the 180-unit Canopy at Deer Valley hotel in Park City, Utah. Extell of New York and Hilton are building the property within walking distance of the Jordanelle Express Gondola on ...
110,004-SF Industrial Lease Signed Near Salt Lake City
REBusiness Online CandyCo. has agreed to lease a 110,004-square-foot industrial property at 1260 South 630 West in American Fork, Utah. The manufacturer of confectionary products is taking the space from Robinson Brothers of Vancouver, Wash., in a deal that's being ...
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