Commercial Real Estate Direct Staff Report C-III Capital Partners has paid $64 million, or $226,950/unit, for the 282-unit Celebration Pointe apartment property in Margate, Fla, about 20 miles northwest of Fort Lauderdale, Fla The Irving, Texas,...
Crain’s Chicago Business Vista Property Group has lined up $31 million of construction financing from Bank OZK for the development of a 15-story office building at 601-609 West Randolph St in Chicago The loan was arranged by JLL’s...
Knighthead Funding has provided $225 million of first-mortgage financing against the 16 unsold condominium units at the 49-unit BLVD luxury condo property in Sarasota, Fla The loan was used by the property’s developer, BLVD Sarasota LLC, an...
The Real Deal W Financial REIT has filed a lawsuit in Nassau County, NY, Supreme Court claiming HFZ Capital Group failed to repay debt against five Manhattan properties W Financial provided HFZ a $436 million loan against properties at 150, 152 and...
Commercial Observer Liberty Bank has provided $22 million of financing against a 145,000-square-foot life-sciences property in New Haven, Conn Greystone Capital Advisors arranged the three-year, floating-rate loan Winchester Partners is constructing...
Multi Housing News Rreef America REIT II Inc, an affiliate of DWS Group, has paid $2791 million, or $451,618/unit, for the 618-unit Hyde Square apartments in Bellevue, Wash The Chicago REIT bought the property from Carmel Partners of San Francisco,...
Rise48 Equity has paid $243 million, or $151,875/unit, for the 160-unit Pointe Vista Apartments in Phoenix The Phoenix investor acquired the property from Univest Inc of Newport Beach, Calif, which had purchased it in 2015 for $105 million The...
Dallas CityBizList Claridge Properties has bought Northshore Meadows, a 291-unit apartment property in Houston The seller and purchase price were not disclosed Berkadia brokered the deal The property, at 333 Uvalde Road, was built in 1971 and has...
Dallas CityBizList Broadshore Capital Partners has lined up $312 million of construction financing for Sovereign at Burleson, a 217-unit apartment property in Burleson, Texas The five-building property is being built at 285 SE John Jones Drive,...
Dallas Business Journal Stanton Road Capital has bought Esters 114 Business Center, a two-building office property in the Dallas suburb of Irving, Texas The El Segundo, Calif, company bought the 176,700-square-foot complex, at 7501 and 7651 Esters...
