AZ Big Media Geringer Capital has sold the 160-unit Ventana Palms Apartment Homes in Phoenix for $3225 million, or $201,563/unit The San Antonio investor sold the property to an undisclosed California-based company in a deal brokered by ABI...
SL Green Realty Corp has agreed to sell its interests in two Manhattan apartment properties with a combined 1,438 units The New York REIT is selling its 20 percent interest in the Sky, at 605 West 42nd St, in a deal that values the 1,175-unit...
The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
Commercial Property Executive A joint venture of Stirling Development and Prologis will break ground next month on an 819,964-square-foot industrial property at 13364 Aerospace Drive in Victorville, Calif, about 85 miles east of Los Angeles The...
Longfellow Real Estate Partners has paid $156 million, or $624/sf, for San Mateo Bay Center, a 250,000-square-foot office property in San Mateo, Calif The Boston developer bought the property from Rubicon Point Partners, which had acquired it in...
Birch Group has paid $255 million, or $30238/sf, for a portfolio of four office buildings totaling 843,300 square feet in Short Hills, NJ, about 30 miles west of Manhattan The Nanuet, NY, real estate investor bought the properties from Mack-Cali...
The Real Deal Signature Acquisitions, Empire State Management and Nachman Leibowitz have lined up $105 million of financing against 167 unsold residential condominium units at the 300-unit Cascade complex in Brooklyn, NY G4 Capital Partners provided...
Dwight Capital has provided $1856 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against the 262-unit Brady Station Apartments in Odessa, Texas The loan allowed the 38-year-old...
AZ Big Media A venture of Banyan Residential and Milhaus has broken ground on Banyan North Tempe, a 651-unit apartment property in Tempe, Ariz The $177 million project is being funded in part with $52 million of construction financing from UMB Bank...
Commercial Real Estate Direct Staff Report Property sales volume totaled $967 billion for the first quarter, down 28 percent from the $1348 billion of volume recorded during the same period a year ago, according to Real Capital Analytics The volume...
