Commercial Real Estate Direct Staff Report Riot Games has paid $150 million, or $52817/sf, for its headquarters building, the 284,037-square-foot Element LA office property in Los Angeles The video game developer bought the building, at 12333 West...
The volume of CMBS loans in the hands of special servicers declined for the second straight month in December, to $6386 billion That's 1071% of the $59649 billion universe tracked by Trepp...
San Antonio Business Journal Medcore Partners has lined up $694 million of financing for its purchase of Franklin Park Alamo Heights, a 221-unit seniors-housing complex in San Antonio Forbright Bank provided the loan Medcore, a Dallas real estate...
Rialto Capital has provided $113 million of mortgage financing against the Mix, a 469,749-square-foot mixed-use property in the Los Angeles suburb of Northridge, Calif Newmark arranged the loan on behalf of the property’s owner, a venture of...
A venture of Elliott Investment Management LP and Morning Calm Management has acquired City Office REIT Inc, a Vancouver, British Columbia, REIT with a portfolio of 49 office buildings totaling 54 million square feet in eight major markets The...
Madison Realty Capital and Naftali Credit Partners have provided $125 million of financing for the construction of a 241-unit residential condominium property at 70-28 Grand Central Parkway in the Forest Hills section of Queens, NY Madison provided...
Rentvcom Tishman Speyer has paid $9295 million, or $36681/sf, for the 253,400-square-foot Christy Street Industrial Center in Fremont, Calif, a city that’s 40 miles south of San Francisco The New York investment manager acquired the property, at...
Commercial Real Estate Direct Staff Report Westcore has paid $907 million, or $27280/sf, for Westcore Innovation Park, a 332,479-square-foot industrial property in Phoenix The San Diego investment firm acquired the property, at 23869-23975 North...
Orlando Business Journal A group of South Florida-based attorneys has paid $345 million, or $230/sf, for the 150,000-square-foot Griffin Farm at Midtown retail property in Lake Mary, Fla Sagi Shaked, a partner with Shaked Law Personal Injury Lawyers...
Atlanta Business Chronicle PGIM Real Estate has bought Notion Decatur, a 290-unit apartment complex in the Atlanta suburb of Decatur, Ga, for $76 million, or $262,069/unit The Newark, NJ, company purchased the six-story property from Toll Brothers...
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.
