Commercial Real Estate Direct Staff Report Golden Bee Properties has paid $395 million, or $197,500/unit, for Mountain View Manor, a 200-unit apartment property in Sylmar, Calif The Los Angeles developer purchased the property from Positive...
LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap’s...
Tampa Bay Business Journal A venture that includes Kettler has bought a development site at 3235 Central Ave in St Petersburg, Fla, for $13 million Kettler, of Washington, DC, acquired the site, in the city’s Union Central District, with a...
South Florida Business Journal Biscayne Real Estate Holdings LLC has paid $39 million, or about $24929/sf, for the 156,446-square-foot Biscayne Centre office property in North Miami, Fla The Miami Lakes, Fla, company purchased the property, which...
South Florida Business Journal Ground recently broke on the $50 million initial phase of the Southpointe Vista affordable-housing property in Miami McDowell Housing Partners is building the property on a 346-acre site at the northeast corner of SW...
Oak View Apartments, with 237 units in the Central Valley, Calif, city of Visalia, has changed hands for $50 million, or $210,970/unit The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa,...
Multi-Housing News StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind The seller and sales price could not yet be learned The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive,...
Rentvcom A limited liability company based in Oceanside, Calif, has paid $435 million, or $38191/sf, for a 113,900-square-foot office property within the Irvine Spectrum development in Irvine, Calif The company purchased the property from an Orange,...
A venture of BKM Capital Partners and TerraCore Capital has paid $373 million, or $16323/sf, for Airport Business Center, an 11-building industrial property with 228,518 square feet in Portland, Ore BKM, of Newport Beach, Calif, and TerraCore, of...
Atlanta Business Chronicle Stream Realty Partners has proposed redeveloping the North River Shopping Center in suburban Atlanta into a mixed-use project The Dallas developer recently received a rezoning approval from the Sandy Springs, Ga, Planning...
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.
