Multi-Housing News A group of investors comprised of Security Properties, Hearthstone Foundation and Pacific Life Insurance Co has paid $236 million, or $200,000/unit, for Monte Vista Senior Apartments, a 118-unit seniors-housing property in San...
Commercial Real Estate Direct Staff Report A total of $576 billion of industrial properties traded hands this year through August, according to Commercial Edge That’s up 574 percent from the $366 billion of sales volume recorded during the...
Commercial Real Estate Direct Staff Report DoveHill Capital Management has paid $2704 million, or $122,353/room, for the 221-room DoubleTree by Hilton Hotel Deerfield Beach – Boca Raton in Deerfield Beach, Fla The Fort Lauderdale, Fla,...
Commercial Observer Enterprise Community Development Inc has struck a deal to pay $257 million, or $114,732/unit, for the 224-unit Skyland Apartments in the Randle Heights area of Washington, DC The property, at 2333 Skyland Place SE, is being...
Gelt Inc has paid $76 million, or $510,067/unit, for Avalon Studio 4121, a 149-unit apartment property in the Studio City area of Los Angeles The Los Angeles investor bought the property, at 4121 Radford Ave, from AvalonBay Communities Inc, which...
South Florida Business Journal An affiliate of Opterra Capital has bought the 96-room Hilton Garden Inn Miami South Beach for $28 million, or about $291,667/room The Boca Raton, Fla, company purchased the hotel from Baywood Hotels of Columbia, Md...
South Florida Business Journal Cadence Bank has provided $5252 million of construction financing for the development of the Caroline at Golden Glades apartment project in Miami Morgan Group recently broke ground on the 236-unit property, which is...
Charlotte Business Journal Insite Properties is acquiring 236 acres in Kannapolis, NC, on which it plans to build a $500 million mixed-use development The Charlotte, NC, company bought the acreage from Castle & Cook, a Kannapolis developer Plans...
Welcome Group Inc has paid $49 million, or $342,657/room, for the 143-room Hyatt Place hotel just outside of Los Angeles International Airport in El Segundo, Calif The local hotel owner purchased the property from Washington Holdings of Seattle in a...
REBusiness Online Synergy Construction Group LLC has acquired a 217,887-square-foot retail property at 203 Yorktown Center in Lombard, Ill The sales price could not yet be learned The Chicago real estate firm purchased the property from a limited...
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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