Commercial RealEstate Direct

Founded in 1999, Commercial Real Estate Direct aims to deliver top-notch news and information to those working in the commercial real estate sector. The team at Commercial Real Estate Direct understands the challenges faced by professionals in this field. It's essential for individuals to be aware of who is seeking equity, who is providing it, and the reasons behind these transactions. Additionally, they must stay informed about the costs associated with debt and keep track of developments in the commercial mortgage-backed securities (CMBS) market.

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Minneapolis/St. Paul Office Vacancy Improves; But Not Because of Move-Ins at CBD

1 week ago | crenews.com | Orest Mandzy

Sky Zone has signed a lease to occupy the entire 52,100-square-foot industrial property at 2350 East 69th St in the Bergen Beach section of Brooklyn, NY The property is owned by Turnbridge Equities of New York, which purchased it last year for $89...
Terreno Pays $16Mln for Queens, N.Y., Industrial Property

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report Pacific Urban Investors has paid $767 million, or $252,302/unit, for the 304-unit Meadow Creek apartments in the Portland, Ore, suburb of Tigard, Ore The Palo Alto, Calif, investment manager purchased the...
Pacific Urban Investors Pays $76.7Mln for Apartments Near Portland, Ore.

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report Centerspace has paid $149 million, or $618,257/unit, for the 241-unit Sugarmont apartments in Salt Lake City The Minot, ND, REIT bought the property, at 2191 South McClelland St, from Cottonwood Communities...
Bank OZK, Canyon Partners Lend $210.5Mln for Miami Apartments

1 week ago | crenews.com | Orest Mandzy

Stream Realty Partners has broken ground on 101 Logistics Center, a 738,000-square-foot industrial property in Oxnard, Calif The Dallas developer is building it at 2921 and 2721 Sakioka Drive, and 1711 Synergy Circle The property will have 32- to...
Work Starts on 738,000-SF Industrial Property Near Los Angeles

1 week ago | crenews.com | Orest Mandzy

Commercial Observer Urban Standard Capital has provided $60 million of financing for the construction of a 300-unit apartment property at 936 Silver Lane in East Hartford, Conn The property is being developed by a venture of Jasko Development of New...
Logistics Company Renews 300,960-SF Industrial Lease Near Chicago

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report The amount of office space available for sublease in Chicago’s central business district ticked up slightly during the latest quarter through last week, ending a five-quarter string of declines During...
M&T Lends $92Mln for Suburban Boston Industrial/Research Facility

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report D2 Residential, the multifamily financing arm of D2 Asset Management, has formed a venture with Natixis Corporate and Investment Banking that will originate, fund, and securitize fixed-rate mortgages...
Chicago Office Sublease Availabilities Increased in 1Q

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report T Rowe Price Associates Inc’s termination of its lease at its long-time headquarters building at 100 East Pratt St in downtown Baltimore has placed its $10306 million CMBS loan in jeopardy The...
D2 Residential, Natixis Form Venture to Fund, Securitize Multifamily Loans

1 week ago | crenews.com | Orest Mandzy

Commercial Real Estate Direct Staff Report T Rowe Price Associates Inc’s termination of its lease at its long-time headquarters building at 100 East Pratt St in downtown Baltimore has placed its $10306 million CMBS loan in jeopardy The...
Centerspace Enters Salt Lake City Apartment Market; Buys Property for $149Mln

1 week ago | crenews.com | Orest Mandzy

ConnectCRE Greystar has paid $1125 million, or $381,355/unit, for the 295-unit Strata apartment property at 500 Broadway in the northern Boston suburb of Malden, Mass The Charleston, SC, investment manager bought the property, which it has rebranded...