Charlotte Business Journal Asana Partners has bought the Grinnell Water Works building in Charlotte, NC, for $1915 million, or about $36863/sf The local real estate investor purchased the 51,949-square-foot office property from Northridge Capital of...
Triangle Business Journal Anantaa Inc has paid $103 million, or $100,000/room, for the 103-room Cambria Hotel Raleigh-Durham Airport in Morrisville, NC The Goldsboro, NC, company purchased the property, which sits on 23 acres at 300 Airgate Drive,...
ConnectCRE Work is underway on a 323,750-square-foot warehouse at 50 Robert Milligan Parkway in Merrimack, NH Trammell Crow Co and Diamond Realty Investments are building the industrial property on a 43-acre parcel, with completion expected in the...
Houston Business Journal Dhanani Private Equity Group has bought Kingwood Commons, a 165,000-square-foot retail property in Kingwood, Texas, about 23 miles northeast of Houston The Stafford, Texas, company bought the property from Kite Realty Group,...
Real Estate Weekly Bristol Group is nearing completion of the 178,124-square-foot warehouse it’s building in the Long Island, NY, town of Commack, NY The industrial project, at 49 Mall Drive, is expected to be completed in June It will have...
Dallas Business Journal The team of Bandera Ventures and Invesco Real Estate has started work on a two-building industrial project in Wilmer, Texas, about 15 miles southeast of Dallas The 746,420-square-foot property is being built as part of the...
Commercial Observer Lalezarian Properties has paid $335 million, or $34045/sf, for 650 First Ave, a seven-story office building at the corner of 37th Street in Manhattan’s Murray Hill neighborhood, with plans to convert it into apartments The...
Philadelphia Business Journal The $2737 million CMBS loan against a portfolio of four Club Quarters hotels with a total of 1,228 rooms has defaulted and is headed toward foreclosure The loan is securitized through BX Trust, 2017-CQHP, and is senior...
South Florida Business Journal Ground has broken on the 113-unit Casamar Residences condominium property in Pompano Beach, Fla Related Group of Miami is building the 21-story property on 307 acres at 900 North Ocean Blvd It already sold most of its...
Commercial Real Estate Direct Staff Report Freddie Mac has provided $40 million of financing to facilitate MG Properties’ purchase of the Artesia, a 192-unit apartment property in Everett, Wash The San Diego investment manager purchased the...
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.
