Newmark has arranged $64 million in permanent financing for Elle, a newly reimagined high-rise residential development located in Washington, D.C.’s Golden Triangle. Newmark Vice Chairman Brian Kochan, Director John Chobanian and Associate... Read more »
CBRE has arranged the sale and acquisition financing for a 255,501-square-foot industrial portfolio featuring two properties in Maple Grove, Minnesota. Enclave purchased the portfolio from Artis REIT for $25.5 million. CBRE’s Judd... Read more »
Marcus & Millichap Capital Corporation (MMCC) arranged $6,585,000 in financing for Kona Palms Apartments, a 37-unit multifamily property located at 14119 Mulberry St. in Whittier. Michael Derk, executive managing director in MMCC’s Nashville office,... Read more »
The Hudson Companies has closed on $66 million in construction financing for a new Class A multifamily development located at 70 Abendroth Ave. (a/k/a 27-45 N. Main St.) in the Westchester County community... Read more »
Today’s average 30-year fixed mortgage rate, as of January 3rd, is 6.01%, virtually unchanged from last week, according to the latest data compiled by Zillow. This pause at the start of the... Read more »
Amidi Real Estate Group has secured $125 million in financing for a newly built residential building in downtown Glendale. Oaktree Capital Management provided the financing for the 228-unit TenTen Campus at 414... Read more »
Landau Properties, in partnership with the Mizrachi family’s Third Millennium Group and Midtown Equities, has closed on the purchase of 205 Montague St. in Brooklyn Heights. As part of its pre-development financing for the ground-up mixed-use project,... Read more »
Affinius Capital and Kennedy Wilson have closed on financing for the ground-up development of Harborside 8, a 65-story, 678-unit multifamily project located on the waterfront in Jersey City. The capitalization includes $78 million... Read more »
CommLoan has structured $195 million in financing with Bank of America for the Kali Hotel at E. Stanley Kroenke’s Hollywood Park in Inglewood. The luxury property is the only hotel permitted within the 300-acre mixed-use... Read more »
JLL Capital Markets and Impact Housing have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing development in San Diego. A JLL team of executive managing director Charles Halladay, associate Joseph... Read more »