Commercial Real Estate Direct Staff Report Rogue Valley Mall in Medford, Ore, has been re-appraised at a value of only $324 million – more than one-third less than is owed against it The latest appraisal was highlighted this morning by...
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 Staff Report The outsized losses that Fitch Ratings is projecting from three loans in the collateral pool of Benchmark Mortgage Trust, 2018-B7, have prompted it to downgrade two of the deal’s principal-paying...
Commercial Property Executive Rockwood Capital has paid $84 million, or $56565/unit, for Lincoln Plaza, a 148,501-square-foot office property in Bellevue, Wash The San Francisco investor purchased the property from Principal Real Estate Investors of...
Clarion Partners has paid $60 million, or $259,740/unit, for the 231-unit Citizen and Oake apartment property in Lakewood, Wash, some 10 miles south of Tacoma, Wash The investment manager bought the garden-style property, at 5406 82nd St SW, from...
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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