Mortgage lender 3650 REIT, which originates both long- and short-term mortgages, has raised $580 million of what could be $950 million of additional capital to continue writing loans The Miami company, which retains the risk pieces of CMBS deals...
Commercial Property Executive BentallGreenOak has acquired the 607,208-square-foot North Bay Logistics Center in Fairfield, Calif, for $735 million, or $12105/sf The New York investment manager bought the warehouse from Link Industrial Properties...
Commercial Real Estate Direct Staff Report Investcorp has paid $728 million, or $173,333/unit, for the 420-unit Retreat at St Johns apartment property in Jacksonville, Fla The New York investment manager bought the property from RangeWater Real...
Las Vegas Review-Journal Sakioka Farms has paid $5075 million, or $27103/sf, for the 187,249-square-foot Crossroad Commons shopping center in Las Vegas The Costa Mesa, Calif, investment firm acquired the property from Prospect Street of Las Vegas...
Commercial Real Estate Direct Staff Report TerraCap Management has paid $52 million, or $151,163/unit, for the 344-unit Bridgewater Apartments in Orlando, Fla The Naples, Fla, investment manager bought the property from InvestRes, a Tampa, Fla,...
RENTVcom Advanex Americas Inc has sold the 58,300-square-foot warehouse at 5780 Cerritos Ave in Cypress, Calif, to a family trust for $1224 million, or $20995/sf Advanex, a manufacturer of springs, wire-form and plastic-injection moldings, was...
Distressed rates for CMBS loans against Manhattan retail properties have climbed noticeably since the start of the coronavirus pandemic, contributing to a wave of retailers filing for...
Walker & Dunlop has originated $1455 million of financing under US Department of Housing and Urban Development programs for three apartment properties with a total of 761 owned by, or under development by, Eight Bay Advisors It wrote a $414...
Commercial Real Estate Direct Staff Report Gantry has arranged $208 million of financing that was used by a Spokane, Wash, tenant-in-common group to fund its $335 million, or $144,400/unit, purchase of the Northern Heights apartments in Airway...
South Florida Business Journal Praedium Group has bought Gatehouse on the Green, a 312-unit apartment complex in Plantation, Fla, for $735 million, or about $235,577/unit The New York investor acquired the property, which sits on a 211-acre site at...
