Commercial Real Estate Direct Staff Report Mesa West Capital has provided $27 million of financing to facilitate Timberlane Partners’ $37 million, or $406,593/unit purchase of the 91-unit Vista Ridge apartment property in the Seattle suburb of...
BlackRock Inc’s HPS Investment Partners unit has provided $101 million of financing against the 308-unit RISE at Glen Kernan Park active-adult apartment property in Jacksonville, Fla The floating-rate loan, with a three-year term that can be...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Crain’s Chicago Business Draper & Kramer is under contract to pay $126 million, or $470,149/unit, for the 268-unit Albion Evanston apartment property in the Chicago suburb of Evanston, Ill The local developer is buying the property, at...
San Antonio Business Journal Taurus Investment Holdings has acquired Crossroads Business Park, a 412,871-square-foot industrial complex in Laredo, Texas The Boston company did not disclose the purchase price The seller was not immediately known The...
Tampa Bay Business Journal Crow Holdings has paid $23 million, or $29935/sf, for Trinity Village Center, a 76,834-square-foot retail center in Trinity, Fla, about 26 miles northwest of Tampa, Fla The Dallas real estate investment firm purchased the...
The venture that bought the 351-room Hyatt Regency Jersey City hotel four years ago is in talks with its CMBS lenders over a potential modification of the property's $100 million...
Commercial Real Estate Direct Staff Report Stonepeak Partners has paid $8313 million, or $494,821/unit, for the 168-unit MorningStar at The Canyons seniors-housing property in Las Vegas The New York investment manager, which has $93 billion of...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Real Estate Direct Staff Report A venture of Agus Holdings and PCCP LLC has paid $605 million, or just more than $337/sf, for the 179,466-square-foot Briarcliff Commons retail property in the northern New Jersey borough of Morris Plains...
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