South Florida Business Journal Conlon & Co has sold a mixed-use building at 184 Sunset Ave in Palm Beach, Fla, for $17 million Benchmark Real Estate Group bought the property, which consists of 23 apartment units and 1,951 square feet of retail...
Nine office properties with 4 million square feet in Chicago's central business district traded in the first quarter for a total of $9465 million, making it the most-active quarter since the second quarter of 2018 In contrast, $8856 million of sales...
Tampa Bay Business Journal A venture of Zeno Office Solutions and local real estate investor Tom Frederick has paid $273 million, or about $16909/sf, for the 161,455-square-foot office building at 6550 West Hillsborough Ave in Tampa, Fla GTE...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
Physicians Realty Trust has paid $2769 million, or $46748/sf, for the 59,233-square-foot New Albany Medical Building II in New Albany, Ohio The Milwaukee REIT purchased the property from Davis Healthcare Real Estate Group of Minneapolis The property...
Commercial Real Estate Direct Staff Report The 145 million-square-foot office building at 175 West Jackson Blvd in Chicago has had its appraised value slashed by nearly half to $210 million from the $410 million value pegged to it in 2013, when a...
Austin Business Journal Arc Capital Partners has bought Westview, a 100,166-square-foot office building in downtown Austin, Texas The Los Angeles investor acquired the property, at 316 West 12th St, from Prescott Group of Dallas, which had purchased...
The $140 million CMBS loan against the MainPlace Mall in Santa Ana, Calif, has transferred to special servicing because its owner has asked that its term be extended The loan, securitized through UBS-BAMLL Trust, 2012-WRM, is slated to mature early...
Louisville Business First Endurus Capital has paid $325 million, or $142,543/unit, for the 228-unit Regal Park Apartments in Louisville, Ky The Palo Alto, Calif, investor purchased the property from Regal Park LLC in a deal brokered by Marcus &...
The 128-unit apartment building at 555 Edgecombe Ave in Manhattan’s Washington Heights neighborhood has been sold for $2675 million, or $208,984/unit The buyer, according to city records, was 555 Roger Morris LLC, an investor group led by Aron...
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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