Multi-Housing News American Healthcare REIT has paid $1028 million, or $514,000/unit, for Avella at Almaden, a 200-unit seniors housing property in San Jose, Calif The Irvine, Calif, REIT acquired the property, at 4610 Almaden Expressway, from its...
Commercial Real Estate Direct Staff Report The former Lloyd Center mall in Portland, Ore, the largest open-air shopping center in the country when it was built in 1960, is being torn down at the end of the week Its demolition marks the latest step...
Boston Business Journal Greenberg Traurig has signed a lease for 80,000 square feet of office space at the South Station Tower in Boston The law firm will relocate about 180 employees from International Place, also in Boston, to the 51-story...
Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa, about 36 miles west of Philadelphia Barings provided the loan, which was arranged by CBRE...
Barings has provided $213 million of financing against the 500,000-square-foot office property at 360 North Green St in Chicago JLL Capital Markets arranged the three-year loan on behalf of the owner and developer, a venture of JPMorgan Asset...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
Phoenix Independent GO Industrial has broken ground a 11 million square foot industrial property at 9797 West Buckeye Road in Tolleson, Ariz, about 14 miles west of Phoenix The property will have 40-foot clear heights and office space Cushman &...
Boston Business Journal Regency Centers has bought Cornerstone at Westford, a 236,000-square-foot retail center in Westford, Mass, for $74 million, or $31356/sf The Jacksonville, Fla, retail REIT purchased the property from its developer, RAVentures...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
The Real Deal Eurostars Hotel Co has paid $95 million, or $887,85050/room, for the 107-room Chemists’ Club Hotel at 52 East 41st St in midtown Manhattan The Barcelona company bought the property from Azora, which also is based in Spain, in a...
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.
