Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $785 million of financing against the Village at Pioneer Park, a 322-unit apartment property in Peoria, Ariz The financing was arranged by Tower Capital and allows the owner...
Commercial Property Executive Madison Capital Group has paid $260 million, or $45157/sf, for Seagate Campus, a 575,775-square-foot research and development property in Fremont, Calif The Charlotte, NC, investment and development firm purchased the...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and AB CarVal, which had provided a mezzanine loan against the dual-branded Crowne Plaza and Staybridge Suites in Atlanta’s midtown area, have taken over the property The...
Moderna Inc has paid $91 million, or $650/sf, for the 140,000-square-foot life-sciences building at 149 Hayes Memorial Drive in Marlborough, Mass, about 37 miles west of Boston The pharmaceutical and biotechnology company, which is based in...
Commercial Observer A venture led by New York developer Tredway has paid $150 million, or $183,824/unit, for the 816-unit Sea Park Apartments in the Coney Island section of Brooklyn, NY The venture bought the affordable-housing complex, at 2930 West...
MMA Storage has paid $20 million, or $27,624/unit, for Our City Storage, a 724-unit self-storage facility in Reno, Nev The Sparks, Nev, investor group purchased the property from an affiliate of West Coast Self Storage, according to Washoe County,...
GID has acquired First Commons, a 99,435-square-foot industrial property in Phoenix The Boston asset manager purchased the property from an entity of MIG Real Estate of Newport Beach, Calif The purchase price was not disclosed The property, at 4625...
Crain’s New York Business The Stagg Group has paid $18 million, or $189,474/unit, for Overlook Manor, a 95-unit apartment property near the campus of Manhattan College in the Bronx, NY The six-story property, 3801 Waldo Ave, has a capacity of...
REBusiness Online A venture led by HIG Realty Partners has paid $110 million for a portfolio of four retail centers with 592,000 square feet in the Richmond, Va, area The Miami investment manager partnered on the purchase with Rosenthal Properties...
A venture led by Slate Property Group has paid $120 million, or $722,892/unit, for the 166-unit apartment building at 600 Columbus Ave in Manhattan’s Upper West Side neighborhood The venture, which includes real estate investment managers KABR...
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