Kushner Cos has paid $82 million, or $273,333/unit, for the 300-unit Lumen apartment property in Hampton, Va The New York real estate investor bought the property, at 2100 North Campus Parkway, from a venture of LM Sandler & Sons of Virginia...
The number of sale-leaseback transactions, driven by the heady activity in the mergers and acquisitions market, totaled 185, up 93 percent in the second quarter when compared with a year ago That's according to analysis by SLB Capital Advisors,...
Bisnow Boyd Watterson Asset Management has paid $1965 million, or $55352/sf, for 675 North Randolph St, a 355,000-square-foot office building in Arlington, Va The Cleveland company bought the property from the Shooshan Cos of Arlington, which had...
Commercial Real Estate Direct Staff Report Ascendas REIT has agreed to pay $156 million, or $7091/sf, for 11 industrial properties with about 22 million square feet in and around Kansas City, Mo The Singapore company is buying the portfolio from...
Commercial Real Estate Direct Staff Report A venture of GI Partners and California Public Employees’ Retirement System has paid $254 million, or about $1,099/sf, for 520 Almanor, a 231,220-square-foot office building in Sunnyvale, Calif The...
South Florida Business Journal Gomez Development Group has plans to build a 263,371-square-foot medical-office building in Aventura, Fla The Miami developer has lined up $45 million of construction financing for the seven-story property, which is...
South Florida Business Journal Western-Southern Life Assurance Co has provided a $72 million construction loan for the development of the Palm Beach Riverstone Apartments in West Palm Beach, Fla American Group of Los Angeles recently broke ground on...
Charlotte Business Journal Hutton Development Co is offering for sale Promenade at Caroline Reserve, a 255,868-square-foot retail center in Indian Land, NC, about 25 miles south of Charlotte, NC JLL Capital Markets has been tapped to market the...
Orlando Business Journal Centennial Bank has provided $40 million of construction financing for the development of Celebration Pointe, a 127,277-square-foot mixed-use property in suburban Orlando, Fla Unicorp National Developments Inc is building...
Tower 16 Capital Partners has paid $85 million, or $257,575/unit, for the 330-unit Sorelle Apartments in Moreno Valley, Calif Mesa West Capital provided financing for Tower 16’s purchase, which was arranged by NorthMarq Berkadia brokered the...
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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