Finmarc Management Inc has sold the 83,300-square-foot Park East III flex-office building and a neighboring 64-acre parcel in the Washington, DC, suburb of Chantilly, Va, to Pulte Homes for $2636 million, or $31645/sf The single-story building is at...
Crain’s Chicago Business Highland Real Estate Partners has paid $119 million, or $399,328/unit, for the 298-unit Exhibit on Superior apartment property in Chicago’s River North neighborhood The Ogden, Utah, investor acquired the...
Puget Sound Business Journal BKM Capital Partners has paid $857 million, or $20781/sf, for five industrial properties with 413,840 square feet in the Seattle suburbs of Kent and Tukwila, Wash The Newport Beach, Calif, investment manager acquired the...
Commercial Real Estate Direct Staff Report The CMBS financing against the Harborplace retail property within Baltimore’s Inner Harbor area has transferred to special servicer Midland Loan Services as it’s not expected to be paid off by...
Commercial Real Estate Direct Staff Report Rise48 Equity has paid $217 million, or $200,925/unit, for the 108-unit Northern apartment property in Phoenix The Scottsdale, Ariz, investment manager bought the property, the former Solano Pines at 17840...
New York Life Insurance Co and PGIM Real Estate have provided $332 million of senior and mezzanine financing against the 800-unit NEMA Chicago apartment building across from Grant Park in Chicago New York Life provided $275 million of senior...
Multi-Housing News Concord Summit Capital has arranged $1155 million of financing for the construction of the 457-unit Collins at Union Park apartment property in Fort Collins, Colo The property is being developed by Livmark Communities of Windsor,...
Boyd Wilson LLC has paid $97 million, or $252,604/unit for the 384-unit Landings apartment property in Bethlehem, Pa The Lancaster, Pa, investment manager purchased the property, at 1818 Catasauqua Road, from an investor group, Valley Park South LLC...
Netflix Inc has struck a deal to pay about $400 million for the Radford Studio Center television production studio in Los Angeles The Los Gatos, Calif, entertainment company would be buying the 113 million-square-foot property, the former CBS Studio...
Commercial Real Estate Direct Staff Report A total of $349 billion of previously delinquent CMBS loans were cured, or made performing once again last month, contributing to the 37% reduction in the overall volume of loans that are now more than...
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.
