Commercial Real Estate Direct Staff Report Shidler Group has paid $153 million, or $353,349/unit, for the 433-unit Sealofts at Boynton Village apartment property in Boynton Beach, Fla, about 15 miles south of West Palm Beach, Fla The Honolulu...
Commercial Observer Monday Properties has paid $1456 million for a pair of office buildings with a combined 514,000 square feet in northern Virginia The New York company paid $118 million, or $35758/sf, for the 330,000-sf Three Ballston Plaza in...
Denver Business Journal An affiliate of Shorenstein Properties has paid $72 million, or $42295/sf, for Rev360, a 170,234-square-foot office property in Denver The San Francisco investment company purchased the five-story property from its developer,...
Xenia Hotels & Resorts Inc has agreed to sell the 191-room Kimpton Hotel Monaco in Chicago for $36 million, or $188,482/room The deal is scheduled to close by the end of the first quarter The prospective buyer could not immediately be learned...
South Florida Business Journal A unit of Rieber Developments has lined up $838 million of construction financing for a mixed-use project currently under construction in Aventura, Fla BridgeInvest of Miami provided a $635 million construction loan,...
South Florida Business Journal A venture of Key International and Wexford Real Estate Investors has bought the 219-room Fort Lauderdale Marriott Pompano Beach Resort & Spa in Pompano Beach, Fla, for $54 million, or about $246,575/unit An...
Tampa Bay Business Journal Founders Hospitality LLC has proposed building the Stirling Resort and Spa in Dunedin, Fla, about five miles northeast of Clearwater, Fla The Tampa, Fla, developer plans to build the three-story project on a 178-acre...
South Florida Business Journal Victoria One Management has sold a pair of apartment properties totaling 221 units in South Florida for a combined $3116 million The Fort Lauderdale, Fla, company sold 116-unit Waterford Villas, at 6954 SW Fifth St in...
South Florida Business Journal UniVista Insurance has bought the 100,000-square-foot Gables View office building in Miami for $475 million, or about $475/sf Century Homebuilders Group sold the property at 850 NW 42nd Ave UniVista, one of the largest...
Charlotte Business Journal Greystar has bought Arium Mooresville, a 268-unit apartment property in Mooresville, NC, for $645 million, or about $240,672/unit The Charleston, SC, company bought the complex from CARROLL of Atlanta, which had acquired...
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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