Eagle Rock Plaza, a 462,823-square-foot enclosed shopping mall in Los Angeles, has been sold for $76 million to Eastern Development The sales price is good news for holders of bonds in JPMorgan Chase Commercial Mortgage Trust, 2006-LDP7, which held...
MG Properties Group has paid $745 million, or $334,080/unit, for Centra, a 223-unit apartment property in Phoenix The San Diego investor purchased the property from Fore Property of Scottsdale, Ariz, which was represented in the deal by Cushman...
Nuveen Real Estate has sold the 1,184-unit Palomino Park Apartments in Highlands Ranch, Colo, to an undisclosed buyer for $435 million, or $367,398/unit JLL Capital Markets represented Nuveen, of Chicago, in the sale and secured $28275 million in...
Kilroy Realty Corp has agreed to pay $580 million, or nearly $795/sf, for Indeed Tower, a 730,000-square-foot office building in downtown Austin, Texas, making its entry into that market The Los Angeles REIT, which is being represented in the...
Swiss investment manager Mirabaud Group, represented by Exan Capital, has paid $15025 million, or nearly $477/sf, for Warren Corporate Center 100 and 200, a pair of office buildings with 315,086 square feet in Warren, NJ The buildings were purchased...
HP Ventures Group has paid $2075 million, or $324,218/unit, for 101 West, a 64-unit apartment property in Barrington, Ill, about 40 miles outside of Chicago The Chicago developer purchased the property from Monroe Residential Partners of Chicago,...
Washington Prime Group, which earlier this week filed for Chapter 11 bankruptcy protection, last month had added seven shopping malls to its list of non-core properties, bringing the number of malls in that category to nine Among the latest...
Commercial Real Estate Direct Staff Report Asia Capital Real Estate has paid $61 million, or $231,061/unit, for the 264-unit Lola Apartments in Riverview, Fla, about 20 miles southeast of Tampa, Fla The Singapore company bought the complex from a...
Capital Allocation Partners has paid $305 million, or $179,411/unit, for two apartment properties that total 170 units near Arizona State University in Tempe, Ariz The Scottsdale, Ariz, investor acquired the properties – the 134-unit Sakara...
Berkadia has originated $587 million of Freddie Mac financing against the 480-unit Advenir at San Tropez Apartments in Pembroke Pines, Fla The seven-year, fixed-rate loan allowed the property’s owner, Advenir Inc of Aventura, Fla, to retire...
