Louisville Business First Buckingham Cos has paid $21 million, or $121,387/unit, for 310 at NuLu, a 173-unit apartment complex in Louisville, Ky The Indianapolis investor acquired the property from Pithos LLC, which had paid $23 million for it in...
Commercial Real Estate Direct Staff Report AvalonBay Communities Inc started seeing signs of a recovery during the fourth quarter in markets that were hardest hit by the coronavirus pandemic The Arlington, Va, REIT’s 3,788 apartment units in...
Crain’s New York Business The Trump Organization has sued footwear company Marc Fisher for unpaid rent at the Trump Tower mixed-use building in Manhattan The suit, filed in New York State Supreme Court in Manhattan, alleges that Fisher owes...
Boston Globe Alexandria Real Estate Equities has agreed to acquire the 250,000-square-foot Watertown Mall in the Boston suburb of Watertown, Mass The Pasadena, Calif, REIT is buying the property from Rosen Associates Management Corp of New York...
RAS Property Group has paid $558 million, or $200,000/unit, for the 279-unit Lofts at Wildlight apartment property in the Wildlight master-planned community, about 22 miles north of Jacksonville, Fla The Boca Raton, Fla, investment manager bought...
Dallas Morning News An affiliate of TTI Capital has bought the 262-unit Riley Cityline apartment property in the Dallas suburb of Richardson, Texas The Reston, Va, company bought the complex, at 3551 Wilshire Way, from a partnership that was...
Commercial Real Estate Direct Staff Report Blaze Partners, a Charleston, SC, multifamily investment firm, is looking to acquire hotels in the southeastern United States and convert them to apartments The company closed on its first deal last week,...
The CMBS market appears to be continuing to stabilize following the coronavirus-induced trough as the volume of loans in special servicing declined by another 1 percent last month, to $5196 billion, according to Trepp LLC February marks the fifth...
Rentvcom Buchanan Street Partners has paid $22 million, or $20,000/unit, for a 1,100-unit self-storage facility at 6191 SE Powell Blvd in Portland, Ore The Newport Beach, Calif, investment firm purchased the property from Leon Capital Group The...
Triangle Business Journal Public Storage has paid $261 million, or about $12572/sf, for a pair of self-storage facilities with a combined 207,608 square feet in Durham, NC The Glendale, Calif, self-storage company bought the properties from an...
