Lexin Capital has tapped Fifth Third Bank and Bank of East Asia for $41 million of financing for the development of a 150-room extended stay hotel in New York’s Chelsea submarket. Construction on the property, located at 815 Sixth Avenue, began this week and is expected to wrap up at the end of the 2015.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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