Developers continue to plan apartment properties as permits for 185 million units across the nation were pulled during the first quarter That's more than any quarter since the start of 1986, when 195 million permits were pulled There's no guarantee...
Charlotte Business Journal A venture of Childress Klein and The Springs Co has sold Kingsley Park VII, a 58,937-square-foot office building in the Charlotte, NC, suburb of Fort Mill, SC, for $1665 million, or about $28251/sf Waitt Co of Omaha, Neb,...
Tampa Bay Business Journal Lurin has paid more than $132 million, or about $191,582/unit, for the Cove on the Bay apartment property in Tampa, Fla The Dallas investment firm bought the 689-unit property from Gamma Real Estate, which had purchased it...
Tampa Bay Business Journal Colliers’ Florida Multifamily Team has negotiated the sale of the newly built Solle, a 47-unit apartment property in Sarasota, Fla, for $2335 million, or about $496,809/unit The buyer and seller were not identified...
Charlotte Business Journal Edgewater Ventures and Stockbridge Capital Group have paid $135 million, or about $8832/sf, for a 152,852-square-foot industrial building in Charlotte, NC The Boy Scouts of America sold the property, at 2109 Westinghouse...
South Florida Business Journal An affiliate of Rockpoint Group has sold 1221 Brickell, a 656,821-square-foot office building in Miami for $2865 million, or about $43619/sf A company managed by Randall Davis of Palm Beach, Fla, was the buyer The...
San Antonio Business Journal Ground is breaking this fall on Prose New Braunfels, a 378-unit apartment property in New Braunfels, Texas Alliance Residential Co of Scottsdale, Ariz, is developing the 14-building project on a 35-acre at 216 South...
Multi-Housing News A venture of MRP Realty and Barings has lined up $694 million of financing for the third phase of the Washington Gateway mixed-use complex in Washington, DC Santander Bank provided the loan, which was arranged by Eastdil Secured...
Commercial Property Executive An affiliate of Lincoln Property Co will break ground soon for I-10 International, a four-building industrial property with 986,600 square feet in Tucson, Ariz The Dallas developer is building the $260 million project...
PCCP LLC has provided $508 million of mortgage financing for the construction of Henley Place, a 178-unit apartment building in the Portland, Ore, suburb of Milwaukie, Ore The six-story building is being developed by Pahlisch Commercial of Bend,...
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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