Atlanta Business Chronicle The Interlock, a 305,000-square-foot office building in Atlanta’s West Midtown area, has been brought to the sales market SJC Ventures owns the property, which is expected to sell for $2135 million, or $700/sf...
Orlando Business Journal An affiliate of American Realty Advisors has paid $1013 million, or about $380,827/unit, for the 266-unit Addison Lake Bryan apartment property in Orlando, Fla The Los Angeles investor purchased the four-story complex from...
South Florida Business Journal Bayside Office Center LLC has bought The Crossroads, a 34,901-square-foot retail building in Miami for $185 million, or about $53007/sf The Sunrise, Fla, company acquired the property from the estate of Louis M Jepeway...
South Florida Business Journal CDS International Holdings has bought the 54,765-square-foot office building that’s fully leased to Bank of America in Delray Beach, Fla, for $25 million, or about $45650/sf An affiliate of Cole Real Estate...
ACRE, formerly known as Asia Capital Real Estate, has provided $435 million of financing to fund Peak Capital Partners’ $625 million, or $416,667/unit, purchase of the 150-unit Connect at First Creek in Denver The loan, arranged by KeyBank...
Commercial Real Estate Direct Staff Report A group of lenders led by JPMorgan Chase Bank has provided $415 million of financing against 3 Times Square, an 850,000-square-foot office property in midtown Manhattan The group includes Bank of America...
Developers continue to plan apartment properties as permits for 185 million units across the nation were pulled during the first quarter That's more than any quarter since the start of 1986, when 195 million permits were pulled There's no guarantee...
Charlotte Business Journal A venture of Childress Klein and The Springs Co has sold Kingsley Park VII, a 58,937-square-foot office building in the Charlotte, NC, suburb of Fort Mill, SC, for $1665 million, or about $28251/sf Waitt Co of Omaha, Neb,...
Tampa Bay Business Journal Lurin has paid more than $132 million, or about $191,582/unit, for the Cove on the Bay apartment property in Tampa, Fla The Dallas investment firm bought the 689-unit property from Gamma Real Estate, which had purchased it...
Tampa Bay Business Journal Colliers’ Florida Multifamily Team has negotiated the sale of the newly built Solle, a 47-unit apartment property in Sarasota, Fla, for $2335 million, or about $496,809/unit The buyer and seller were not identified...
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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