Subject: Mortgages/Financing (MOR)

Crain's New York Business Insite Property Group is building a 102,500-square-foot self-storage facility at 59-02 Borden Ave. in Queens, N.Y. The Redondo Beach, Calif., developer bought the development site in the borough's Maspeth neighborhood last month for $18 million from ...

South Florida Business Journal Tricera Capital has lined up $50.75 million of financing for The Press mixed-use project in West Palm Beach, Fla. Monroe Capital of Chicago provided the loan, which is being used to complete the 11-acre project, at ...

Dwight Capital has provided $22.2 million of U.S. Department of Housing and Urban Development mortgage financing against Gramercy Park Cooperative at Lake Shore Drive, a 157-unit apartment property in the Minneapolis suburb of Richfield, Minn. Units at the 12-story building ...

Berkadia has provided $42.9 million of Freddie Mac financing against the 88-unit Hancock Estates apartment property in the Boston suburb of Chestnut Hill, Mass. Chestnut Hill Realty of Chestnut Hill owns the property, at 200 Estate Drive, which it had ...

New York Community Bank has provided $72 million of financing against the 290-unit Apartments at Aberdeen Station in Aberdeen, N.J. The loan allowed the property's owner, AJH Management of Lakewood, N.J., to retire $60 million of Freddie Mac debt

Dwight Capital has provided $128 million of financing under the U.S. Department of Housing and Urban Development's 223(a)(7) program against the 400-unit City Market at O apartment property in Washington, D.C. The loan ties the record for the largest ever ...

Borello Asset Management has paid $41 million, or $310,606/unit, for the 132-unit Elwood Apartments in Happy Valley, Ore., about 15 miles from downtown Portland, Ore. The Gilroy, Calif., investor purchased the property from Cedar Coast, which was represented in the ...

Dallas Morning News Greystone Servicing Co. has provided a $13.5 million loan for the purchase of 78 luxury apartment units atop the historic U.S. Post Office and Courthouse Building in downtown Dallas. Wolfe Investments of Plano, Texas, bought the apartments ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded six principal-paying and two interest-only classes of GS Mortgage Securities Trust, 2014-GC18, because of the losses it expects certain collateral loans to suffer. The downgraded classes include the ...

An affiliate of Peregrine Realty Partners has paid $33 million, or $335.88/sf, for Promontory, a 98,249-square-foot office building in San Diego. The Newport Beach, Calif., real estate firm purchased the property from Carleton Management in a deal brokered by CBRE, ...