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McLEAN, VA—It's another innovation from the GSE, which has been tweaking its basic K-deal model for years in order to respond to changing demands from investors and originators.
PITTSBURGH, PA—First Niagara and PMC Property Group have closed on a $40 million loan for the continued redevelopment of the old ALCOA Building into a mixed-use property in downtown Pittsburgh, PA.
CARLSTADT, NJ—As more evidence of the tightness of the industrial market in North Jersey, Sitex says it has lots of interest in the 53,000-square-foot warehouse/distribution center it's building on spec at One Palmer Terrace in Carlstadt, NJ.
WALNUT CREEK, CA—There is not much posited on the discount rate used in CRE financial analysis, Paramount Capital Corp.'s Joseph Ori in this <b>EXCLUSIVE</b> commentary.
BOSTON—The ownership of the Charles River Plaza North project here has secured a total of $345 million in first mortgage and mezzanine financing for the office, research and development complex whose sole tenant is Massachusetts General Hospital.
MANAHAWKIN, NJ—The Hampshire Companies and its joint-venture partners MCB Real Estate and One Liberty Properties have acquired The Manahawkin Commons, a 318,100-square-foot retail center in Manahawkin, NJ from ACI Manahawkin, for $42.3 million.