Brickstone Partners has paid more than $81 million, or $281,250/unit, for a pair of apartment properties totaling 288 units in Fort Collins, Colo, about 64 miles north of Denver The Denver investment and development company bought the properties...
A venture that includes Blackfin Real Estate Investors and a fund managed by Clarion Partners has paid $113 million, or $254,505/unit, for the 444-unit Ravens Crest Apartments in Manassas, Va, about 35 miles west of Washington, DC It bought the...
The Real Deal Madison Realty Capital has taken control of a 15-building apartment portfolio in Manhattan’s East Village neighborhood The company had provided $126 million of debt against the portfolio in 2016 to help fund Brookhill...
Commercial Observer Quinlan Development Group has lined up $48 million of financing against the 138-unit apartment project at 230 Classon Ave in Brooklyn, NY CIT Real Estate Finance provided a $357 million senior loan, while Hines Realty Income Fund...
Preferred Apartment Communities Inc is exiting the office sector and shifting its focus to multifamily properties and grocery-anchored shopping centers in the Sunbelt region The Atlanta REIT already is under contract to sell a 195...
South Florida Business Journal RK Centers has bought a Best Buy-anchored retail property in West Palm Beach, Fla, for $1205 million, or about $26274/sf An affiliate of Orion Investment and Management of Miami sold the building, which sits on 41...
San Antonio Business Journal A venture led by Big V Property Group has closed on its acquisition of The Rim, a 1042 million-square-foot outdoor shopping center in San Antonio The deal was first announced in January Big V, in a partnership with Kimco...
Louisville Business First Orthober Investments LLC has sold Glenmary Pointe, a 72-unit apartment property in Louisville, Ky, for $113 million, or about $156,944/unit A Wilmington, Del, limited liability company bought the two-story property, at...
Rentvcom EverWest Real Estate Investors has paid $1005 million, or $9410/sf, for the 106,800-square-foot industrial property at 10675 North Lombard St in Portland, Ore The Denver investment company purchased the property from Richards Homewares Inc,...
Commercial Observer A venture of 60 Guilders and Davidson Kempner has agreed to pay $130 million, or $69859/sf, for 186,088 square feet of office condominium space at 12 MetroTech Center in Brooklyn, NY Brookfield Property Partners is selling the...
