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Home > Sale of Military Circle Mall Generates 110 Percent Loss to $52.3Mln Loan
South Florida Business Journal A venture of Falcone Group, Rok Acquisitions, Davis Cos, and Jamestown has bought the 300,000 square feet of retail, dining, and entertainment space at the Miami Worldcenter mixed-use complex for $210 million, or...
Bisnow Comstock Holding Cos has paid $402 million, or $21730/sf, for the 185,000-square-foot office building at 2200 Woodland Pointe Ave in Herndon, Va The Reston, Va, investor acquired the property from Union Investment Real Estate GmbH Corp...
Commercial Real Estate Direct Staff Report The $160 million mortgage against the 234 million-square-foot US Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced The loan is scattered among...
Multi-Housing News Living Residential has paid $1159 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, NJ, which is just outside of Princeton, NJ The Lakewood, NJ, investor acquired the...
Bridge Capital Partners has paid $105 million, or $432,098/unit, for the 243-unit Sunset Towers apartment property in San Francisco The multi-family office acquired the property, at 8 Locksley Ave, from AvalonBay Communities Inc The deal, which was...
Bisnow BXP Inc has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave in Bethesda, Md, to its partner, Bernstein Cos of Washington, DC, in a deal that values the four-year-old building at $430 million BXP, of Boston,...
Charlotte Business Journal The buzz is Sumitomo Mitsui Banking Corp is nearing a deal for 200,000 square feet of office space at 301 South College, a 994,000-sf property in downtown Charlotte, NC The Tokyo-based financial services company would be...
Orlando Business Journal An affiliate of Agree Realty Corp has paid $241 million, or $20580/sf, for the 117,103-square-foot retail building occupied by BJ’s Wholesale Club in Kissimmee, Fla The Farmington Hills, Mich, REIT purchased the property...
Commercial Real Estate Direct Staff Report The $335 million CMBS loan against the 407-room Norfolk Waterside Marriott is headed to foreclosure The loan, originated just three years ago and securitized through BANK5, 2023-5YR2, transferred to special...
Blue Owl Real Estate Capital Inc has agreed to buy Sila Realty Trust Inc, a Tampa, Fla, REIT that owns 137 net-leased healthcare properties, for $3038/share, valuing the deal at $235 billion, after the assumption of debt...
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