David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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Blackstone has provided $124.65 million of mortgage financing against the Alesio Urban Center mixed-use complex in the Dallas suburb of Irving, Texas. Berkadia arranged the financing on behalf of Harbor Group International, a Norfolk, Va., investment and management firm that ...
Philadelphia Business Journal Broadstone Net Lease has agreed to pay $114 million, or $167.65/sf, for the Stine Research Center, a roughly 680,000-square-foot research and development campus in Newark, Del. The New York REIT is acquiring the property from FMC Corp., ...
Cirrus Real Estate Partners has provided $100.4 million of mortgage financing against the two-building DiVosta Towers office complex in Palm Beach Gardens, Fla. The three-year loan, arranged by Berkadia, allowed the property's developer and owner, Gatsby Florida of Miami, to ...
South Florida Business Journal An affiliate of North American Development Group has lined up $120.6 million of construction financing for Nuvo Delray Beach, a 476-unit apartment project in Delray Beach, Fla. Wells Fargo Bank provided the loan. The West Palm ...
The 171,395-square-foot office building at 200 West 57th St., two blocks south of Central Park in Midtown Manhattan, has seen a sharp decline in cash flow over the years, to the point where it's no longer sufficient to fully service ...
Atlanta Business Chronicle Allen Morris Co. has lined up $113.7 million of financing for its Star Metals Offices, a 267,000-square-foot office building in Atlanta. Banco Inbursa provided the loan, which retires $100 million of construction financing from Bank OZK and ...
Benmark Capital has provided $100 million of financing to fund the construction of the 74-unit Alhambra Parc residential condominium property in Coral Gables, Fla. The proposed eight-story building will also have 13,768 square feet of offices and 18,000 sf of ...
Commercial Real Estate Direct Staff Report Clipper Realty Inc. expects to turn over the 12-story mixed-use building at 250 Livingston St. in Brooklyn, N.Y., to its lender. Last September, the New York REIT stopped making debt-service payments on the property's ...
Washington Business Journal A venture led by Willard Retail has bought a pair of neighboring shopping centers totaling 584,577 square feet in Chantilly, Va., for $147 million, or $251.46/sf. The Bethesda, Md., investor teamed up with Bernstein Management Corp. of ...
Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif. The five-year loan was arranged by Sonnenblick-Eichner Co. of Los Angeles. The 155-room hotel was developed by Ensemble ...
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