Suffolk has topped off construction at BioMed Realty’s 585 Kendall a mixed-use lab/office building and performing arts center in the Canal District of Kendall Square in Cambridge, MA. Takeda has leased the property’s approximately 600,000-square-foot lab and office space for…
Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St., a high-end residential development in Manhattan’s West Village. A Marathon’ team led by managing director Joseph Griffin, closely worked with sponsor Alf Naman Development…
RIPCO Real Estate closed the sale of 88-56 162nd St. for $18.8 million, marking the largest new construction multifamily building sale in the Special Downtown Jamaica District since its 2007 neighborhood-wide rezoning. Measuring 49,264 square feet, the seven-story building features 51…
Vestar will break ground net week on its massive shopping center in Buckeye, which will feature a Harkins BackLot, a Target, a Safeway and more. The Verrado Marketplace will feature shops, dining, grocery, entertainment and services across 520,000 square feet. Vestar is expected to…
JLL Capital Markets secured construction debt and equity for The Valiant, an 83-unit, 262-bed class A+ purpose-built student housing community in Berkeley. Terms weren’t disclosed. A JLL team of director Jonah Aelyon, senior director Rick Salinas, VP Sarah Murphy and analyst Allie…
Work is heating up at the site for the East Civic Tower, the new city hall complex at the corner of Hargett and McDowell streets across from Nash Square. The site is next to the city’s current municipal complex. The Triad…
Windsor Stevens has raised $56 million for a multifamily development on Atlanta’s Westside. The Proctor, located at 698 Oliver St. NW, will have 137 residential units, 41 of which will be affordable. The 41 affordable units will be in a…
Vista Residential Partners obtained a $43.6 million construction loan to build a 320-unit apartment complex in Charlotte, at 8011 Krenfeld Dr. A JLL Capital Market’s Debt Advisory team led by Matthew Schoenfeldt, secured the three-year, non-recourse floating-rate construction loan through…
Walker & Dunlop has arranged $72.7 million in construction loan proceeds for Vintage Lake Powell, a 289-unit, Class A, mixed-use apartment complex in Panama City Beach, Florida. TDK Construction and Oldacre McDonald are developing the project at 24000 Panama City Beach Parkway. The W&D…
Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley. These recent deals, completed through Kennedy…
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