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News
Pebb Capital Obtains $223M Loan for Refinancing of Sundy Village in Delray Beach, Florida
4+ day, 1+ hour ago (153+ words) DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. Phase I of Sundy Village…...
Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson
4+ day, 2+ hour ago (234+ words) JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq…...
Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property
4+ day, 2+ hour ago (90+ words) rebusinessonline.com Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property CHICAGO — Draper and Kramer Inc. has arranged a $93.5 million loan for the refinancing of The Elizabeth, a 28-story apartment tower at 225 N. Elizabeth St. in Chicago’s Fulton Market. Bill…...
Affinius Capital Provides $310M Construction Loan for Jersey City Multifamily Project
6+ day, 1+ hour ago (217+ words) JERSEY CITY, N.J. — Affinius Capital has provided a $310 million construction loan for Park Tower, a 1,049-unit multifamily project in Jersey City. New York City-based Namdar Group is developing the project, which will be located in the city’s Journal Square neighborhood and…...
Cushman & Wakefield Arranges $72M Refinancing for Two Adjacent Shopping Centers in Sandy Springs, Georgia
1+ week, 5+ day ago (266+ words) SANDY SPRINGS, GA. — Cushman & Wakefield has arranged a $72 million loan on behalf of locally based owner-operator Jamestown LP for the refinancing of two adjacent shopping centers in metro Atlanta. Totaling more than 340,000 square feet in Sandy Springs, the properties include…...
JMI Realty Receives $28.8M Acquisition Loan for Downtown Austin
1+ week, 5+ day ago (151+ words) AUSTIN, TEXAS — Locally based owner-operator JMI Realty has received a $28.8 million acquisition loan for the 254-room Hilton Garden Inn Austin Downtown hotel. The hotel offers a variety of accommodations in addition to amenities such as a pool, fitness center and…...
Canyon Partners, J.P. Morgan Provide $74.7M Construction Loan for Inland Empire Townhome Project
1+ week, 6+ day ago (262+ words) RIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million senior construction loan for a townhome rental project in Riverside’s Mission Grove neighborhood. The developer, BCT Development, is a joint venture between Bain Capital Real Estate and Cherry Tree…...
SCALE Lending Provides $245M Loan for First Phase of Upland Park Apartments in Miami
1+ week, 6+ day ago (177+ words) MIAMI — SCALE Lending, the debt financing arm of Slate Property Group, has provided a $245 million bridge loan for Phase IA of Upland Park, a $1 billion mixed-use development underway on 47 acres in Miami’s Sweetwater neighborhood. The transit-oriented project is a redevelopment…...
Gantry Arranges $22.8M Loan for Kansas Student Housing Property
1+ week, 6+ day ago (201+ words) PITTSBURG, KAN. — Gantry has arranged a $22.8 million permanent CMBS loan for University Digs, a multifamily property located at 1902 S. Broadway St. in Pittsburg, directly adjacent to Pittsburg University. The three-story, 190-unit community features a mix of studio, one- and two-bedroom…...
Tishman Speyer Receives $340M Loan for Refinancing of Chicago Office Complex
1+ week, 6+ day ago (275+ words) CHICAGO — Tishman Speyer has received a $340 million CMBS loan for the refinancing of The Franklin, a two-tower office complex in Chicago’s West Loop. JPMorgan led the single asset single borrower (SASB) loan with Bank of America and Deutsche Bank serving…...