CBRE has secured $38.5 million in construction financing for the development of Village Green, a new 90,525-square-foot shopping center in Nolensville, Tennessee. Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance represented…
Cantor Fitzgerald and Silverstein Properties have entered into a joint venture with Turnbull Development to develop a mixed-use project in Summerville, SC, encompassing 365 garden-style multifamily units across three buildings and a 40,000-square-foot medical office building in a qualified opportunity…
Constellation Real Estate Partners has obtained a $27 million construction loan to build a 374,000-square-foot speculative warehouse in Charlotte. Located at 1900 Continental Blvd. Constellation 485 South will sit on approximately 41 acres and will feature 80 dock doors, two…
The volume of maturing CMBS loans is “quite significant,” Trepp says in a new report. Given this volume as well as recent history, the firm expects to see an increase in loan modifications. About $131.3 billion in outstanding, non-defeased CMBS…
CROSS Development and Kennor Holdings obtained a $38 million construction loan along with PACE financing for a rehabilitation hospital in Bradenton, Florida. The project will be managed by Nobis Rehabilitation Partners, which currently manages 14 hospitals nationwide, with another eight…
Albion Residential has secured a $102 million construction loan from Pacific Life Insurance for the first of two towers. Named Albion Music Row, the towers will be built on the former Beaman’s car lot in Nashville. Albion Music Row’s site is comprised…
The Allen Morris Co. and the Alaska Permanent Fund Corp. are joining forces on a 253-unit multifamily project in Sarasota. The duo secured an $83 million construction loan for the Bayside Sarasota from Kennedy Wilson. The project, which will be…
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided $58.8 million in bridge financing for Solis at Petrosa, a newly constructed 260-unit apartment complex in Bend, Oregon. Proceeds from the loan will go towards refinancing the borrower’s existing construction…
BWE secured a $31 million loan to finance the construction of Imperium Suwanee, a 212-unit Class A multifamily development in Suwanee, Georgia, part of the Atlanta metropolitan area. BWE’s Thomas Wiedeman originated the construction loan from two community bank lenders…
Nashville-based development company Giarratana announced Wednesday it has secured a $232.3 million construction loan for its future 750-foot-tall tower 1010. The funding will kick off development of 140 condominiums and 360 apartments in a 60-story, $390 million tower at 1010…
End of content
End of content
