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
Commercial Real Estate Direct Staff Report Capstone Equities, which earlier this year had acquired the nonperforming mortgage debt against a recently redeveloped creative office property in Brooklyn, N.Y., has turned to the crowdfunding world to capitalize a portion of its ...
The $241.96 million loan against the Crossgates Mall in Albany, N.Y., has been sold for $170.7 million, or 70.55 percent of par value, resulting in a loss of $97.7 million to the four CMBS deals that held pieces of the ...
The FDIC and its loan-sales adviser, Newmark, are gearing up to launch marketing efforts for Signature Bank's nearly $36 billion of commercial real estate loans. They're expected to take a page out of the Global Financial Crisis playbook and offer ...
Commercial Real Estate Direct Staff Report TPG Real Estate Finance Trust has sold what had been a $145 million loan it had provided nearly four years ago against the 78,500 square feet of office and retail space at 300 Lafayette ...
Commercial Real Estate Direct Staff Report Masterworks Development has acquired the $61.3 million mezzanine loan backed by the ownership interests in four Club Quarters-branded hotels with 1,228 rooms, putting it in a position to take over the properties. The New ...
Commercial Real Estate Direct Staff Report Banc of California, which has agreed to acquire PacWest Bancorp in a stock swap, expects to sell $7 billion of assets, including loans against single-family rentals and apartment properties. Under the merger agreement, which ...
Commercial Real Estate Direct Staff Report The $26.08 million CMBS loan against the Oheka Castle in the Long Island, N.Y., town of Huntington, N.Y., has been sold for $20.12 million. The buzz is that the investor group holding the controlling-class ...
Commercial Real Estate Direct Staff Report PeerStreet Inc., a crowdfunding platform that specialized in funding bridge loans, initially against fix-and-flip residential properties, then against small commercial properties, has filed for bankruptcy. The El Segundo, Calif., company was launched in 2013 ...
Cain International has partnered with Security Benefit Life Insurance Co. to buy a portfolio of 10 construction loans with a total commitment of $1.2 billion from Pacific Western Bank. The loans, against apartment and student-housing properties in New York, have ...
Lenders that hold $940 million of mortgage debt against 95 apartment properties with 2,452 units in San Francisco have hired Eastdil Secured to market it for sale, according to a report in The Real Deal. A big chunk of the ...
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© 2023 Commercial Real Estate Direct All rights reserved..