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Home > 324-Unit Apartment Property in Downtown Tampa Gets Recapitalized
South Florida Business Journal Ocean Bank has provided a $70 million construction loan for the 142,153-square-foot mixed-use project at 20955 Biscayne Blvd in Aventura, Fla Centtral Aventura LLC, which is led by Jacobo Cababie Dichi of Aventura,...
Triad Business Journal Beach Co has lined up $89 million of financing for the construction of Persimmon at Cates Creek, a 346-unit apartment and townhome community in Hillsborough, NC First Horizon Bank provided a $54 million construction loan,...
Triad Business Journal Somerset Properties has paid $4675 million, or $13914/sf, for the South Elm Industrial Center, a 336,000-square-foot industrial complex in Greensboro, NC The Fort Washington, Pa, company purchased the 13-building property from...
Commercial Real Estate Direct Staff Report Freddie Mac’s multifamily business generated $306 billion of volume during last year’s final quarter, taking its full-year volume to $776 billion, a 176% increase from the $66 billion of volume...
Triangle Business Journal Landmark Cos has bought Hudson 5401, a 454-unit apartment complex in Raleigh, NC, for $106 million, or $233,480/unit The Woodbridge, NJ, company purchased the property from Hudson Capital Properties of New York, which...
OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va OakNorth, an online bank based in the United Kingdom, moved...
Commercial Observer Buccini Pollin Group has lined up $505 million of financing against the 203-unit Crosby Hills Apartments at 517 North Shipley St in Wilmington, Del MF1 Capital provided a $45 million senior loan, while Pearlmark provided $55...
CBRE has provided $1282 million of Fannie Mae financing against the 465-unit Ashlar Park apartment property in the Boston suburb of Quincy, Mass The financing, which was also arranged by CBRE, takes out a $1287 million construction loan that...
Charlotte Business Journal Cousins Properties has paid $3175 million, or $49765/sf, for 300 South Tryon St, a 638,000-square-foot office building in Charlotte, NC The Atlanta REIT purchased the 25-story structure from Barings in a deal brokered by...
Orlando Business Journal Longpoint has bought the 100,000-square-foot Vine Street Square retail property in Kissimmee, Fla, for $241 million, or $241/sf The property, at 3105-3199 West Vine St, is anchored by a Walmart Neighborhood Market Other...
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