Commercial Real Estate Direct Staff Report The CMBS delinquency numbers for January improved slightly from the month before, with the total volume of loans that are more than 30 days late with their payments declining by 284 percent to $1815 billion...
The Real Deal Dermody Properties has acquired Metro Corporate Center, a 395,300-square-foot office property in Milpitas, Calif The Reno, Nev, investor purchased the property from Amazoncom Inc, which had acquired it in 2021 for $123 million KBC...
The Real Deal Harrison Street Real Estate Capital has paid $508 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif The Chicago investment and management firm purchased the property from an...
Crain’s Chicago Business John Buck Co has paid $53 million for a parking lot site at 655 West Madison St in Chicago, where it plans to develop a two-building office property totaling 15 million square feet A venture of MR Properties and Park...
Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
Berkadia has formed an alliance with Knight Frank that gives each brokerage access to a broader field of investor capital Knight Frank is a London brokerage and valuation consultant that has a staff of more than 20,000 employees in 487 offices...
Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif, for $221 million The Westlake Village, Calif, development firm sold the...
Crain’s Chicago Business JVM Realty has acquired the 149-unit Courthouse Square Apartments in Wheaton, Ill, about 28 miles west of Chicago The purchase price could not yet be learned The Oak Brook, Ill, investment manager purchased the...
Commercial Real Estate Direct Staff Report SL Green Realty Corp signed 33 leases for 196,421 square feet in Manhattan during the fourth quarter, down sharply from the 52 leases totaling 573,806 sf during the same period a year ago But the New York...
Minneapolis/St Paul Business Journal An affiliate of SR Realty Trust Inc has paid $25 million, or $6944/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn The Minneapolis REIT purchased the property 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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