Commercial property values, which have declined steadily since peaking in the middle of last year, are likely to fall further next year But the declines should be...
Decron Properties has paid $1255 million, or $522,916/unit, for Margo at the Society, a 240-unit apartment property in San Deigo The Los Angeles investor purchased the property from its developer, Holland Partner Group of Vancouver, Wash Decron was...
Atlanta Journal Constitution Stonebridge Hospitality Management has bought the 237-room W Atlanta – Downtown hotel in downtown Atlanta for $248 million, or about $104,641/room The Denver company acquired the hotel, at 45 Ivan Allen Jr Blvd NW,...
South Florida Business Journal An affiliate of RK Centers has paid $3835 million, or about $58695/sf, for a grocery-anchored shopping center in Fort Lauderdale, Fla The Sunny Isles Beach, Fla, company purchased the 65,338-square-foot property from...
The Real Deal A limited liability company managed by Ben Li has paid $60 million, or $13605/sf, for the 441,000-square-foot office property at 400 and 450 North Brand Blvd in Glendale, Calif Kennedy Wilson sold the property, which it purchased in...
Crain’s Chicago Business Standard Communities has paid $588 million, or $274,766/unit, for Huntington Towers, a 214-unit age-restricted apartment property in Mount Prospect, Ill The New York company purchased the property from David Katz, a...
The Real Deal Fannwood Estates, a 312-unit apartment property in the Rego Park section of Queens, NY, has sold for $488 million, or $156,410/unit The buyer and seller of the property, at 99-19 66th Road, could not be learned immediately Property...
REBusiness Online Marcus & Millichap has negotiated the sale of the 107,288-square-foot Barnett Plaza shopping center in D’lberville, Miss, about four miles north of Biloxi, Miss Details about the buyer, seller and purchase price were not...
REBusiness Online Ledo Capital Group has sold the 174,821-square-foot industrial property at 4958 Stout Drive in San Antonio Prattco Creekway Industrial bought the warehouse and light-manufacturing facility in a deal brokered by JLL The sales price...
REBusiness Online Midtown Apartments, a 128-unit property in Temple, Texas, about 70 miles north of Austin, Texas, has been sold Details about the buyer, seller and purchase price were not disclosed The Multifamily Group brokered the transaction The...
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