Sales volume in the small-capitalization property market has started to slow, according to Boxwood Means, with $57 billion of properties changing hands That compares with a quarterly average pace of $865 billion last year, when sales volume was up...
REBusiness Online EverWest Real Estate Investors has paid $963 million, or $563,157/unit, for the Graphic Lofts, a 171-unit apartment complex in the Sullivan Square section of Charlestown, Mass The Denver investment manager bought the property from...
SL Green Realty Corp has partnered with a group of institutional investors from South Korea and Israel on its $445 million, or $1,320/sf, purchase of the 337,000-square-foot office building at 450 Park Ave in midtown Manhattan The group funded its...
Dallas Morning News Archway Properties has started construction on the Royal 114 industrial property in the Dallas suburb of Irving, Texas The Houston developer is building the four-building property, with more than 429,000 square feet, along State...
San Antonio Business Journal Orion Real Estate Partners has bought the 180-unit Remington Ranch apartment property in San Antonio The Los Angeles private real estate company plans to invest $26 million on renovations to the three-story property, at...
Pennsylvania REIT has sold its 25 percent stake in Gloucester Premium Outlets, a 376,967-square-foot outlet center in the Philadelphia suburb of Blackwood, NJ The Philadelphia company received a total of $354 million for its stake, valuing the...
The Real Deal A venture of Skylight Real Estate Partners and PCCP LLC has bought the 99-unit Grand Adams apartment property in Hoboken, NJ, for $567 million, or $572,727/unit JLL Capital Markets arranged PCCP’s equity investment in the deal...
An affiliate of Hampshire Properties has purchased the 276-unit Mansion at Bala apartment property in Philadelphia The Brooklyn, NY, affiliate, Rose Valley Capital, bought the 12-year-old property from Winther Investment Inc of Houston It funded the...
DB Capital Management has paid $2455 million, or $164,765/unit, for Gardens on Paris, a 149-unit apartment property in Aurora, Colo The Playa Vista, Calif, investment manager, which has about $500 million of assets under management, bought the...
Austin Business Journal JCI Residential LLC is building a 100-unit apartment project at 6416 North Lamar Blvd in Austin, Texas It’s not known when construction will start The project is being built behind a former Threadgill’s...
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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