Multi-Housing News Housing Diversity Corp. has lined up $34.2 million of financing against Vida DTLA, a 147-unit apartment property in Los Angeles. The financing is comprised of a $22.6 million loan that was provided by United Way and an $11.6 ...
Atlanta Business Chronicle LoanCore Capital has taken through foreclosure the Optimist Lofts, a 212-unit apartment property in Atlanta's Piedmont Heights neighborhood. The lender two years ago had provided $48 million of financing to Liquid Capital of Hackensack, N.J., to facilitate ...
Commercial Real Estate Direct Staff Report Thorofare Capital has provided $30 million of senior financing, while Pearlmark has provided $10 million of mezzanine debt to complete the second phase of the Link NoDa apartment complex in Charlotte, N.C. The 242-unit ...
Commercial Observer Landmark Cos. has lined up $39.5 million of bridge financing against a pair of recently completed industrial buildings totaling 355,000 square feet in Mesquite, Texas. Thorofare Capital provided the senior piece of the financing, while Peak Rock Capital ...
South Florida Business Journal BankUnited has provided $45.5 million of construction financing for the Tropic Apartments, a 223-unit project that recently broke ground in Hollywood, Fla. Affiliated Development of Fort Lauderdale, Fla., is constructing the 18-story property on 1.02 acres ...
JLL Income Property Trust has provided $48 million of senior financing against the 358-unit Link Apartments Mixson at 4501 Mixson Ave. in North Charleston, S.C. The loan brings the Chicago REIT's loan book to $100 million. The company, whose shares ...
Commercial Real Estate Direct Staff Report LNR Partners, as special servicer for what originally had been a $39.5 million CMBS loan against the 121,000-square-foot office portion of the Harbourside North mixed-use building in Washington, D.C., has thrown the space into ...
Commercial Real Estate Direct Staff Report The LightHouse for the Blind, which owns the 11-story office building at 1155 Market St. in San Francisco, says it continues to be "strung along" by the city, which it says two years ago ...
Freddie Mac has funded a $46.5 million mortgage that helped facilitate the purchase of the 395-unit Domain at Midtown Park by a venture of Waterford Property Co., Vistria Group and Northern Liberties. The financing was provided through Walker & Dunlop. ...
Commercial Real Estate Direct Staff Report A venture of Dedeaux Properties and Basis Investment Group has sold a 233,217-square-foot industrial property within Tejon Ranch Commerce Center in Lebec, Calif., for $37.1 million, or $159.08/sf. Dedeaux, of Los Angeles, and Basis ...
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