News

HFF launches N.J. apartment sales

HFF has the listing for two New Jersey properties, selling a Franklin Park shopping center on behalf of Norse Realty


Hughes set to retire from Marcus & Millichap

William Hughes, senior v.p. and head of Marcus & Millichap Capital Corp., has announced his retirement, the company announced. Hughes

Calmwater closes $636m third debt fund

Calmwater Capital, a national direct commercial real estate lender, has closed its third fund with $636m in total commitments from



Amazon short list favors East Coast metros

Amazon’s widely anticipated short list of cities that made the cut for the next stage of its headquarters race are


Mortgage rate spreads tighten on capital inflows, tax reforms

Commercial mortgage rate spreads across all asset classes tightened again this month following an increase in capital inflows to real


Berkadia finances first Freddie affordable SFR deal

Berkadia has closed an $11m financing for a portfolio of affordable single-family rental homes for TrueLane Homes, marking the first


Munich RE to buy D.C. office

MR Infrastructure Inc., a U.S. subsidiary of Munich RE, is set to acquire 1440 New York Avenue NW in Washington,


Lotus designs loan sale platform for bull mart

While loan sale and distribution businesses have always enjoyed success in downturns, real estate firms are starting to see the


Underwriting fears mount as cycle lurches on

Commercial real estate lending—always a competitive business—is facing particularly pressing times, especially as the amount of capital available outpaces the


Aurelie Capital snags Richmond apartments

Aurelie Capital has acquired a 159-unit apartment complex in Richmond, Va., for $20.6m, or $129,560 per unit. The acquisition of


South Carolina REIT maps experiential retail redevelopment

Burroughs & Chapin, a Myrtle Beach, S.C.-based real estate investment trust, is redeveloping two local retail and entertainment complexes. The company


High-powered venture targets Class B apartments

Cortland Partners, Canada Pension Plan Investment Board and GIC have formed a $550m joint venture to acquire and renovate 8,000


Ascentris JV snags Boca Raton office park

Ascentris and a fund managed by an affiliate of Bridge Investment Group have acquired Fountain Square, a three-building, 241,759-square-foot office




Jonathan Rose JV taps new Fannie Mae program for Atlanta deal

A partnership between Jonathan Rose Companies and Columbia Residential has acquired an Atlanta affordable housing complex, tapping a new Fannie


REFI Radio: Borrowers jockey for accommodative capital in 2018

In 2017, the proportion of non-bank lenders in the commercial real estate lending space increased dramatically, leaving borrowers with more


Chicago sees condo deconversion surge

Condominium deconversions are emerging as a major trend in Chicago’s multifamily market due to high barriers to entry and rising


CREFC 2018: Rising CLO mart captures investor, lender imagination

Commercial real estate collateralized loan obligations—securitizations backed by pools of bridge loans—were the talk of the conference, with a standing


New kids on the block(chain): Crypto fever hits financing market

After years of eschewing technology, commercial real estate pros are dipping their toes in the muddy waters of blockchain technology,