Commercial Observer Goldman Properties has sold a portfolio of three apartment and retail buildings for $164 million Ronan Downs paid $63 million for the four-story building at 52 Stone St, which has three apartment units and ground-floor retail...
The Real Deal A group of investors has sold a 71 percent stake in the Spring Creek Towers apartment complex in Brooklyn, NY, in a deal that values the 5,581-unit property at $18 billion, or $322,523/unit Cushman & Wakefield brokered the sale The...
Rentvcom A venture of CH Realty Partners LLC and Blumenfeld Development Group has paid $575 million, or about $17238/sf, for Harvill Logistics Center, a 333,572-square-foot industrial property in Perris, Calif CH Realty, of Los Angeles, and...
San Antonio Business Journal Treeline Multifamily Partners has bought Axis at The Rim, a 308-unit apartment complex in San Antonio The Denver residential property investor acquired the property from Sherman Residential of Chicago in a deal brokered...
Baltimore Business Journal A venture led by Broadshore Capital Partners has paid $773 million, or $223,410/unit, for the 346-unit apartment building at 225 North Calvert St in Baltimore Monument Realty sold the property, formerly an office building,...
Regency Multi-Family has paid $34 million, or about $213,836/unit, for Red44, a 159-unit apartment property in Rochester, Minn The Champaign, Ill, investment firm purchased the property from a venture of Roers Investments, Reuter Walton Development...
South Florida Business Journal CenterPoint Properties has paid $1665 million, or about $25704/sf, for a 64,777-square-foot warehouse in Doral, Fla The Oak Brook, Ill, company bought the industrial property, which was built on a 33-acre in 2000, from...
Commercial Real Estate Direct Staff Report Commercial property prices in August increased by a record 155 percent, as gauged by the Real Capital Analytics Commercial Property Price Index That’s the largest one-month increase in the index since...
Atlanta Business Chronicle Exeter Property Group has bought the Vue at the Quarter, a 271-unit apartment property in Atlanta, for $797 million, or about $294,096/unit The Conshohocken, Pa, investor acquired the property from GJ Enterprises Group of...
The Registry Greystar has paid $98 million, or about $441,441/unit, for Spencer 68, a 222-unit apartment property in Kenmore, Wash The Charleston, SC, company purchased the property from Main Street Property Group of Kirkland, Wash The five-story...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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