The Real Deal The city of New York is urging the FDIC to accept an offer by a venture led by Related Fund Management for a portfolio of loans against rent-stabilized apartment properties in New York City that had been held by the now-defunct...
Finance & Commerce Eyde Development has paid $29 million, or $14240/sf, for three Minneapolis-area warehouses with 203,653 square feet The Lansing, Mich, company bought the properties from Capital Partners of Minneapolis, which had acquired them...
Boston Business Journal Jumbo Capital Inc has paid $485 million for a portfolio of seven office properties in Wellesley, Mass The Quincy, Mass, investor bought the portfolio from Haynes Management Inc of Wellesley Brookline Bank provided a $237...
REBusiness Online CTO Realty Growth has sold Eastern Commons, a 129,600-square-foot retail center in Henderson, Nev, for $182 million, or $14043/sf The buyer could not yet be learned The property was built in 2005 at 10575 South Eastern Ave, about...
Crain’s Chicago Business JVM Realty Corp paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill The Oak Brook, Ill, investment manager purchased the property from Opus Group in a deal brokered by CBRE A...
Tampa Bay Business Journal NexGen Hotel has paid $1875 million, or about $145,349/room, for the Holiday Inn St Petersburg West hotel in St Petersburg, Fla The Schaumburg, Ill, company bought the 129-room property from an undisclosed seller It lined...
Crain’s New York Business SL Green Realty Corp might be gearing up to spin off a stake in some of its Manhattan office properties, including the 13 million-square-foot 280 Park Ave Andrew Goldfarb, an analyst with Piper Sandler, noted that the...
The Real Deal A proposed 2,100-unit apartment property in the downtown area of Newark, NJ, has been given the go-ahead by the city’s planning board The project has been proposed by Sinai Equity Group of Brooklyn, NY It would involve adding...
The Real Deal The US Immigration Fund, which had raised capital for the development of the second phase of the Pacific Park residential complex in Brooklyn, NY, has filed to foreclose against $349 million of loans against it The Jupiter, Fla,...
Commercial Real Estate Direct Staff Report An affiliate of MJD Capital Partners has sold Quail Manor, a 56-unit apartment property in Reno, Nev, for $145 million, or $258,928/unit The Sacramento, Calif, investment firm sold the property to a San...
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