Commercial Real Estate Direct Staff Report Demand for loans against apartment properties from the US Department of Housing and Urban Development has gotten so strong that it now can take more than a year to close a loan after application During the...
Sares Regis Group has paid $5615 million, or $344,479/unit, for Elevation Chandler, a 163-unit apartment property in Chandler, Ariz The Newport Beach, Calif, investment manager purchased the property from Olympus Property of Fort Worth, Texas, in...
Charlotte Business Journal A venture of CP Group and Siguler Guff has bought the 370,000-square-foot Harris Corners office park in Charlotte, NC The seller and purchase price were not disclosed The three-building complex, just off Interstate 77 at...
Tampa Bay Business Journal Plans were filed yesterday for a large mixed-use project in downtown Tampa, Fla Darryl Shaw, chief executive of BluePearl Veterinary Partners, is teaming up with Kettler, a Washington, DC, developer, to build the property...
South Florida Business Journal A venture of Related Group and Fontainebleau Development has broken ground on Las Carreras, a 642-unit apartment property in Hialeah, Fla The project is being built on 283 acres at 7218 West Fourth Ave Units will...
Cantor Fitzgerald Income Trust Inc has paid $6375 million, or $77250/sf, for the two-building De Anza Plaza office complex in Cupertino, Calif The non-traded REIT, formerly known as Rodin Global Property Trust Inc, bought the 82,527-square-foot...
Tampa Bay Business Journal Mishorim Gold Properties has bought the 215,713-square-foot Horizon Park shopping center in Tampa, Fla, for $22 million, or about $10199/sf An affiliate of Forge Capital Partners sold the retail property, at 3904 West...
Atlanta Business Chronicle Equity Residential has bought the Osprey, a 319-unit apartment building in Atlanta’s West Midtown submarket, for $153 million, or about $479,624/unit The Chicago REIT bought the property, at 980 Howell Mill Road,...
Crain’s New York Business Vornado Realty Trust has sued Archegos Capital Management, claiming the hedge fund owes $159,16555 in unpaid rent and other fees at 888 Seventh Ave, an 886,000-square-foot office building in Manhattan Archegos began...
Milwaukee Business Journal An affiliate of L2 Partners LLC has paid $225 million, or $8655/sf, for West Allis Center, a 259,962-square-foot retail property in West Allis, Wis The Miami investor purchased the property from GBT Realty Corp of...
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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