389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
State: Washington - WA
Key Provides $17Mln in Financing for Wash. Apartments
August 10, 2001BOTHELL, Wash. – Key Commercial Real Estate provided $17 million in permanent financing for the Willina Ranch Apartment project developed by RD Manning Inc. The 10-year loan has a 30-year amortization schedule and bears an interest rate around ...
West Regional Digest (8/9/01): British real estate firm buys Warner Center Building
August 9, 2001Firm buys Warner towerLos Angeles TimesSAN FERNANDO VALLEY, Calif. – An affiliate of British real estate company Grosvenor purchased the 12-story Warner Corporate Center office tower at Victory Boulevard and Canoga Avenue in the Warner Center. The purchase ...
Timberland Firm Sells Resort Property for $16.7Mln
August 9, 2001POULSBO, Wash. – Pope Resources (Nasdaq:POPEZ) has sold its 1,300-acre resort and real estate development assets in Port Ludlow, Wash., to HCV Pacific Partners LLC. The San Francisco developer paid about $16.7 million, of which about two-thirds was ...
WAMU Writes $18Mln Office Mortgage for Bedford Property
August 3, 2001 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has received a five-year floating-rate mortgage from Washington Mutual. The REIT, which owns office and industrial properties in suburban markets in the western United States, said the $18 million ...
Nystrs to Invest Up to $50Mln in Essex Apartment Fund
August 1, 2001 Commercial Real Estate Direct Staff ReportThe New York State Teachers Retirement System appears to be among the big investors in a fund that Essex Property Trust Inc. (NYSE:ESS) has formed.The pension fund said it would invest up ...
GMAC Arranges $16Mln Financing for Bellevue, Wash., Apartments
July 13, 2001 BELLEVUE, Wash. - Seco Development Co. received $16 million in permanent financing for the Belle Arts Apartments.The mixed-use/multifamily complex contains 128 units with 8,509 square feet of commercial space. It consists of two separate buildings, each containing ...
Nationwide Life Provides $16.9Mln in Financing for Wash. Retail Center
July 11, 2001 SILVERDALE, Wash. – Nationwide Life Insurance Co. provided $16.9 million in financing for the Silverdale Plaza.The shopping center consists of 173,611 square feet in seven buildings with Safeway, Rite Aid, JoAnn Etc. and Staples as major tenants.An ...
Wedgewood Estates Apartments
Prudential Huntoon Paige originated a $17.2Mln fixed-rate mortgage on behalf of FHA.
Fremont Provides $13.6Mln Bridge Loan for Wash. Retail Center
June 28, 2001 LAKE TAPPS, Wash. – Fremont Investment and Loan has provided $13.6 million in floating-rate bridge financing for the redevelopment of the Market at Lake Tapps Shopping Center, owned by Time Equities Inc. and William Felton Associates. The ...
Red Capital Provides $125Mln of Fannie Mae DUS Loans for Apartments
June 22, 2001 Commercial Real Estate Direct Staff ReportRed Mortgage Capital has provided a total of $125 million of financing under Fannie Mae's delegated underwriter and servicer program, to a Portland, Ore., multifamily developer.Although the Columbus, Ohio, lender did not ...
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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.
