$73Mln Office Sale in Oakland, Calif., Sets Market Record at $365/SF

Denver Business Journal Avanti Residential has paid $31 million, or $352,273/unit, for Park Cheesman, an 88-unit apartment property in Denver The local investor acquired the property, at 1177 Race St, from a limited liability company, which bought...

Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...

AZ Big Media Plaza Cos and Fayth Hospitality plan to break ground on the 257-room Hotel Six Four, Mayo Blvd in Phoenix Plaza, of Peoria, Ariz, and Fayth, of Dallas, will build the property at the southeast corner of 64th Street and Mayo Boulevard,...

Puget Sound Business Journal Bell Partners has paid $95 million, or $363,984/unit, for Leva on Market, a 261-unit apartment property in Seattle’s Ballard neighborhood The Greensboro, NC, company acquired the property from its developer an...

Commercial Property Executive Benderson Development has paid $603 million, or $464/sf, for the 130,000-square-foot retail center at 421 Alakawa St in Honolulu The University Park, Fla, company acquired the property from Alexander & Baldwin,...

Multi-Housing News Post Investment Group has paid $60 million, or $198,675/unit, for Violet on Virgil, a 302-unit apartment property in Los Angeles The Beverly Hills, Calif, company acquired the property from Blackstone’s LivCor unit, which...

Denver Business Tower Real Capital Solutions and Dunton Commercial have paid $2375 million, or $9755/sf, for Terrace Tower, a 243,464-square-foot office building in the Denver suburb of Greenwood Village, Colo Real Capital, of Louisville, Colo, and...

Multi-Housing News Bank OZK has provided $1327 million of financing for the construction of ElevenOneEleven, a 344-unit apartment complex in Culver City, Calif A venture of Lincoln Property Co and McCourt Partners is building the property at 11111...

Commercial Property Executive NorthPoint Development has paid $226 million, or $14768/sf, for the 153,035-square-foot San Diego International Center in San Diego The Kansas City, Mo, company acquired the industrial building, at 8830 Siempre Viva...

Multi-Housing News A group comprised of Kennedy Wilson, Hulic Co, and Fuyo General Lease has paid $176 million, or $564,103/unit, for One South Market, a 312-unit apartment property in downtown San Jose, Calif The group acquired the property, at 1...