South Florida Business Journal Welltower Inc has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla, for $872 million, or about $231,300/unit The Toledo, Ohio, company bought the property from Focus...
Commercial Real Estate Direct Staff Report Beal Bank has provided $176 million of non-recourse mortgage financing against four retail properties owned by CBL & Associates Properties Inc, allowing the Chattanooga, Tenn, REIT to completely...
Commercial Observer MF1 Capital has provided $170 million of financing for the completion of the 354-unit apartment property at 2366 Bedford Ave in the Flatbush neighborhood of Brooklyn, NY The property, which is set to open this year, is being...
National Life Group has provided $2675 million of financing against the 90-unit 8th & U Apartments in San Diego Northmarq arranged the three-year loan, which can be extended The property, at 3843 8th Ave, was developed last year by Greenline...
QuadReal Property Group has provided $144 million of financing for the construction of Carina, a 408-unit apartment property in Santa Ana, Calif JLL arranged the three-year loan, which pays a floating-rate coupon, on behalf of the property’s...
ConnectCRE Knightvest Capital has lined up $112 million of financing for its purchase of Ardan West Village, a 389‑unit apartment property in Dallas The local company bought the complex from Brookfield Properties in a deal brokered by Marcus &...
Commercial Observer Infinity Funds has provided a $375 million loan against the Centra, a 164-unit apartment property in the Midtown East section of Manhattan HKS Real Estate Advisors arranged the financing The property, at 230 East 44th St, is...
Commercial Real Estate Direct Staff Report Peak Capital Partners has paid $56 million, or $280,000/unit, for Momentum at First Creek, a 200-unit apartment property in Denver The Provo, Utah, company acquired the property from its developer,...
Atlanta Business Chronicle Stonemont Financial has lined up $325 million of financing for its purchase of the Northside Hospital East Cobb Medical Center in the Atlanta suburb of Marietta, Ga Webster Bank provided the loan Stonemont, of Atlanta,...
Commercial Real Estate Direct Staff Report MF1 Capital has provided $54 million of financing against the 262-unit Opal apartment property in the Salt Lake City suburb of West Valley City, Utah The loan was arranged by JLL Capital Markets on behalf...
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