Commercial Real Estate Direct Staff Report Commercial mortgage lending volume increased by 19 percent in the second quarter when compared to last year, according to an index by the Mortgage Bankers Association But the increase wasn’t across...
Crain’s Chicago Business HP Ventures has paid $205 million, or $640,625/unit, for the 32-unit apartment property at 2050 North Clark St in Chicago The local company purchased the property from Novak Development in a deal brokered by Apartment...
Prime Finance has provided $6975 million of financing for the purchase of the 164-unit Vines at Riverpark apartment property in Oxnard, Calif, about 60 miles northwest of Los Angeles Interstate Equities Corp of Los Altos, Calif, acquired the...
Commercial Real Estate Direct Staff Report Keller Investment Properties has paid $6025 million, or $547,727/unit, for Vantage Lofts, a 110-unit apartment property in Henderson, Nev The Layton, Utah, investor purchased the property from a venture of...
A venture of Invesco Real Estate and Baranof Holdings has paid $46 million, or $26,256/unit, for the 1,752-unit self-storage property at 72 Florida Ave NE in Washington, DC The venture bought the property from developer Foulger-Pratt of Potomac, Md,...
Puget Sound Business Journal A limited liability company managed by Al Monjazeb has paid $45 million, or $20932/sf, for Lake Tye Business Campus, a 214,977-square-foot industrial property in Monroe, Wash Monjazeb, a Bellevue, Wash, auto dealer,...
Natixis Corporate & Investment Banking has provided $7683 million of financing to help fund Denholtz Properties’ purchase of the former JB Drive Apartments, with 384 units in the Nashville, Tenn, suburb of Murfreesboro, Tenn The...
Commercial Real Estate Direct Staff Report Volatility in the single-asset CMBS market had prompted Carter Multifamily to shift gears in a recent transaction It had planned to place a long-term securitized mortgage on a portfolio of six apartment...
REBusinessOnline REM Acquisitions has paid $582 million, or about $204,930/unit, for the 284-unit Avenue 33 Apartments in Stockbridge, Ga Peak Capital Partners sold the property and was represented in the deal by GREA Avenue 33 has one-, two- and...
Yield PRO Denholtz Properties has bought the 5150 JB Drive Apartments, a 384-unit property in Murfreesboro, Tenn The seller and purchase price were undisclosed The property, at 5150 Jack Byrnes Drive, was built in 2020 and is about 32 miles...
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.
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