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BOSTON-The American Arabic Benevolent Association and the Community Builders of Boston have closed a $4.4-million financing to construct senior housing in the West Roxbury neighborhood of Boston.
NEW YORK CITY-Manhattan-based Hidrock Realty Inc. has refinanced the $16.1-million loan for the 79,200-square-foot office building at 35 W. 36th St. in the garment district.
JACKSONVILLE, FL-New York-based DRA Advisors LLC has purchased a portfolio of five apartment buildings in Jacksonville for $161 million from Denver-based UDR Inc.
HIGHLAND PARK, IL-Wells Fargo Bank has filed a foreclosure suit against the owner of the 29,203-square-foot Laurel Terrace in Highland Park in order to reclaim $10.2 million.