Commercial Real Estate Direct Staff Report Capital Square has paid $391 million, or $383,333/unit, for Aspen Vista, a 102-unit apartment property in Reno, Nev The Glen Allen, Va, investment manager purchased the property from a Carson City, Nev,...
Commercial Observer Bank Hapoalim International and fund manager Be Aviv have provided a total of $69 million of construction financing for a proposed 115-unit residential condominium property planned for 11-36 45th Road in the Long Island City area...
Ryman Hospitality Properties Inc, which earlier this week had struck a deal to pay $800 million, or $798,403/room, for the 1,002-room JW Marriott San Antonio Hill Country Resort & Spa, is funding the purchase with proceeds from an offering of...
Herrick Co has paid $150 million, or $35589/sf, for Huntington Tower, a 421,481-square-foot office property in Detroit The Cedar Knoll, NJ, investment firm purchased the property from an affiliate of Sterling Group, according to a report from The...
The Real Deal A special referee appointed by a New York Supreme Court judge has ruled in favor of the CMBS trust that holds a $33 million loan against the 155-room Distrikt Hotel in midtown Manhattan The special referee, John A Owens, entered a...
Charlotte Business Journal InvenTrust Properties has paid $224 million, or about $24664/sf, for the Shoppes at Davis Lake, a 90,820-square-foot shopping center in Charlotte, NC The Downers Grove, Ill, company bought the retail property from...
Cedar and Sage Homes has sold Tides at Willow Pointe, a 126-unit apartment property in Richland, Wash, for $2973 million, or $235,952/unit The Atlanta developer was represented by Kidder Mathews The buyer could not be identified immediately The...
San Antonio Business Journal Dogwood Commercial Real Estate has purchased the 355,000-square-foot retail property at 8800 Broadway in San Antonio for an undisclosed price The Dallas investment firm bought the property from a company calling itself...
North Palisade Partners has paid $445 million for a 17-acre development site at 1101 California St in Redlands, Calif, about 70 miles east of Los Angeles Lee & Associates brokered the deal between the Los Angeles development and investment firm...
Commercial Real Estate Direct Staff Report Vornado Realty Trust has sold a development site at 93-30 93rd St in the Rego Park neighborhood of Queens, NY, for $7106 million The New York REIT sold the site to a group affiliated with United...
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.
