A venture of Pyramid Management Group, Paolino Properties, and DW Partners has completed the $133 million purchase of the Providence Place Mall in Providence, RI The venture bought the property from Brookfield Property Partners’ GGP unit in a...
South Florida Business Journal Meridian Senior Living has paid $3224 million, or $169,684/bed, for the Preserve at Palm-Aire seniors housing property in Pompano Beach, Fla The Bethesda, Md, company bought the 190-bed property from Carlyle Group of...
Washington Business Journal Pantzer Property Management has paid $2115 million, or $480,682/unit, for the 440-unit Witmer apartment building in the Washington, DC, suburb of Arlington, Va The Manhattan apartment owner acquired the property from...
Philadelphia Business Journal A venture of Namdar Realty Group, Mason Asset Management, and CH Capital Group is under contract to purchase the Willow Grove Park Mall in Willow Grove, Pa The New York-based buyers are buying the property from PREIT of...
Boston Business Journal Oxford Properties Group has paid $435 million, or $870/sf, for One Marina Park Drive, a 500,000-square-foot office building in Boston The Toronto real estate investor purchased the 18-story property from an affiliate of...
Hamilton Zanze has paid $627 million, or $301,442/unit, for Seasons at Horsetooth Crossing, a 208-unit apartment property in Fort Collins, Colo The San Francisco investment manager, which invests on behalf of its network of high net-worth investors,...
Multi-Housing News An affiliate of BentallGreenOak, or BGO, has paid $160 million, or $531,561/unit, for the 301-unit Savanna at Reed’s Crossing apartments in Hillsboro, Ore, about 14 miles west of downtown Portland, Ore The Toronto investor...
Principal Financial Group has provided $32 million of mortgage financing against the Stop & Shop Plaza retail center in the Springfield Gardens section of Queens, NY The loan, arranged by Northmarq’s New York metro debt and equity team,...
Commercial Property Executive Travelers Club Luggage has paid $513 million, or $34076/sf, for the GLP Mid-Counties Distribution Center, a 150,548-square-foot industrial property in Santa Fe Springs, Calif The travel gear company acquired the...
Jacksonville Business Journal Mesa Capital Partners has paid $605 million, or $209,343/unit, for the 289-unit Satori Town Center apartment complex in Jacksonville, Fla The Atlanta investment firm acquired the four-story property from LivCor, a...
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.
