Montgomery Partners has paid $32 million, or $139,130/unit, for the 230-unit Keyway Apartments in Sparks, Nev The Mill Valley, Calif, investor bought the property, at 1100 15th St, from Elan Multifamily Investments, a San Francisco syndicator, in a...
Baltimore Business Journal Foundation Development Group has proposed building a 150-unit apartment property in Baltimore The development site, at 1617 Broening Highway, sits across from a pair of Amazoncom Inc warehouses that have a combined 1248...
Philadelphia Business Journal PhilaPort has broken ground on a 201,621-square-foot distribution center in Philadelphia The building, at 445 Pattison Ave, already is fully leased to Holt Logistics Corp It will have 32 loading docks and provide...
The lender, which had provided $85 million of mezzanine debt against the equity in the seven select-service hotels, has taken over the properties They previously were owned by a venture of Hersha Hospitality Trust and Cindat Capital Management The...
Triangle Business Journal Wood Partners has proposed developing a 306-unit apartment property in Raleigh, NC The Atlanta developer filed plans to build the six-building complex on 285 acres at 4800 Duraleigh Road, on the site of the former Olde...
Charlotte Business Journal A venture of Childress Klein and Dominion Realty Partners wants to develop 325 apartment units and up to 90 townhomes in Charlotte, NC The project is being proposed for a 244-acre site at 2200 Cascade Pointe Blvd, near the...
Jacksonville Business Journal An affiliate of Morgan Properties has paid $1937 million, or about $74,500/unit, for the 260-unit Pointe Sienna Apartment Homes in Jacksonville, Fla The King of Prussia, Pa, company purchased the complex, at 7200 Powers...
The Real Deal The Icahn School of Medicine at Mount Sinai has agreed to lease 165,000 square feet of laboratory space at 787 Eleventh Ave, a 449,667-sf mixed-use building in Manhattan A venture of Georgetown Co and Pershing Square Capital Management...
Commercial Observer CIM Group has secured $400 million of financing against the 745,000-square-foot office building at 1440 Broadway in Manhattan JPMorgan Chase Bank provided a $300 million loan, which will be securitized in an upcoming,...
CIM Group has sold Uptown Station, the 397,000-square-foot creative-office building at 1955 Broadway in Oakland, Calif, to Mapletree Investments of Singapore The property is said to have sold for $435 million, or nearly $1,096/sf, according to a...
