Subject: Mortgages/Financing (MOR)

The Atlas Capital Group, Invesco, and Partners Group venture that owns the 1.1 million-square-foot Factory office property in the Long Island City section of Queens, N.Y., has negotiated an extension of its $300 million CMBS loan through October 2027. The ...

Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co. has provided $26.94 million of mortgage financing to fund Equus Capital Partners' $46.85 million, or $137/sf, purchase of the 341,867-square-foot Falls Lake Commerce Center industrial property in the Raleigh, N.C., ...

ORIX Corp. has provided a total of $64.3 million of financing against two apartment properties with a combined 304 units in the western suburbs of Phoenix. The lender provided $33.05 million against the 153-unit Villas Litchfield at 12730 West Camelback ...

Wells Fargo Bank is providing $450 million of mortgage financing against the 757,154-square-foot office building at 1250 Broadway near the Penn Station commuter hub in Midtown Manhattan. The three-year loan, with a coupon that's expected to be set at 6.5%, ...

KKR Real Estate Finance Trust Inc. has set a goal of cleaning up its portfolio this year by sharply reducing its real estate-owned assets. It also plans to reduce its exposure to loans it has on its watchlist.

Commercial Observer Ares Management has provided a $450 million loan against 834-unit Riverie apartment property in the Greenpoint section of Brooklyn, N.Y. The loan, arranged by CBRE, allowed a venture of Lendlease Corp. and Aware Super, an Australian superannuation fund ...

A venture of LeCesse Development Corp. and Mas Development has lined up $83.35 million of construction financing for the 258-unit Ecco apartment property at 250 Union St. in Elizabeth, N.J. Bank OZK provided a $63.2 million senior loan, while PGIM ...

Commercial Observer Maxim Capital Group has provided a $70 million loan for the development of a 113-unit residential condominium property at 11-33 44th Drive in the Long Island City section of Queens, N.Y. The property, which will have ground-floor retail ...

Crescent Real Estate LLC has lined up $596 million of fresh financing against the 1.37 million-square-foot Crescent mixed-use complex in Dallas' Uptown area. Goldman Sachs and JPMorgan Chase Bank are providing the loan, which will be securitized in a stand-alone ...

Commercial Real Estate Direct Staff Report Last year, Colorado House Bill 25-1090: Protections Against Deceptive Pricing Practices, was signed into law. The legislation, which went into effect at the start of January, requires businesses to present consumers with a product's ...