MacNaughton paid $1425 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE The transaction previously was...
A venture led by Argyle Real Estate Capital has paid $587 million, or $188,141/unit, for the 312-unit Exchange at Westgate apartment property in the Wilmington, NC, suburb of Leland, NC The Tampa real estate investor partnered with Battery Global...
Commercial Real Estate Direct Staff Report Millburn & Co has paid $9525 million, or $280,973/unit, for the 339-unit Longbow apartments in Mesa, Ariz The Salt Lake City investment manager acquired the property, at 2950 North Recker Road, from its...
MDH Partners has paid $677 million, or $12152/sf, for three buildings totaling 557,100 square feet in Lakeland Commerce Center in Lakeland, Fla, about 36 miles east of Tampa International Airport The Atlanta investment manager acquired buildings...
Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $38 million, or $24359/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn, a southwestern suburb of Minneapolis The Cincinnati REIT acquired the...
Bascom Group has paid $5313 million, or $290,301/unit, for the 183-unit Castlewood Park Apartments in the Los Angeles suburb of Buena Park, Calif The 63-year-old property, at 6968 Campus Drive, was acquired in a deal arranged by Marcus &...
Intercontinental Real Estate Corp has paid $695 million, or $555/sf, for the 125,233-square-foot Lakeland Town Center retail property in the Seattle suburb of Auburn, Wash The Boston investment manager bought the fully leased property, on a 126-acre...
Multi-Housing News Garibaldi Co has paid $653 million, or $199,085/unit, for Waterfield Square, a 328-unit apartment property in Stockton, Calif The local company bought the property, at 8035 Mariners Drive, from LivCor, a subsidiary of Blackstone,...
Hines Global Income Trust has paid $70 million for the 183,308-square-foot Wicker Park Commons retail property at 1279 North Milwaukee Ave in Chicago’s The Houston non-traded REIT bought the property, housed on the street-level floor of...
Commercial Real Estate Direct Staff Report A total of 192 loans with a balance of $303 billion backing private-label CMBS deals were defeased, or replaced by government securities during the first half of the year, according to Trepp Inc That...
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