Montgomery Partners has paid $32 million, or $139,130/unit, for the 230-unit Keyway Apartments in Sparks, Nev The Mill Valley, Calif, investor bought the property, at 1100 15th St, from Elan Multifamily Investments, a San Francisco syndicator, in a...
The lender, which had provided $85 million of mezzanine debt against the equity in the seven select-service hotels, has taken over the properties They previously were owned by a venture of Hersha Hospitality Trust and Cindat Capital Management The...
Jacksonville Business Journal An affiliate of Morgan Properties has paid $1937 million, or about $74,500/unit, for the 260-unit Pointe Sienna Apartment Homes in Jacksonville, Fla The King of Prussia, Pa, company purchased the complex, at 7200 Powers...
CIM Group has sold Uptown Station, the 397,000-square-foot creative-office building at 1955 Broadway in Oakland, Calif, to Mapletree Investments of Singapore The property is said to have sold for $435 million, or nearly $1,096/sf, according to a...
Dallas Morning News Western Wealth Capital has bought the Somerset, a 372-unit apartment property in Lewisville, Texas, about 26 miles northwest of Dallas LumaCorp sold the property in a deal brokered by Marcus & Millichap The sales price was...
Dallas Morning News Nayeb Group has sold the 124,289-square-foot Towne North shopping center in the Dallas suburb of Irving, Texas An unidentified out-of-state investor was the buyer The sales price was not known Disney Investment Group brokered the...
Commercial Real Estate Direct Staff Report Harbor Group International has paid $309 million for eight apartment properties with 2,322 units in North Carolina and Virginia The Norfolk, Va, investment manager bought the portfolio from a venture of...
Louisville Business First Buckingham Cos has paid $21 million, or $121,387/unit, for 310 at NuLu, a 173-unit apartment complex in Louisville, Ky The Indianapolis investor acquired the property from Pithos LLC, which had paid $23 million for it in...
Boston Globe Alexandria Real Estate Equities has agreed to acquire the 250,000-square-foot Watertown Mall in the Boston suburb of Watertown, Mass The Pasadena, Calif, REIT is buying the property from Rosen Associates Management Corp of New York...
RAS Property Group has paid $558 million, or $200,000/unit, for the 279-unit Lofts at Wildlight apartment property in the Wildlight master-planned community, about 22 miles north of Jacksonville, Fla The Boca Raton, Fla, investment manager bought...
