Bisnow A venture of Donohoe Cos and Carr Cos plans on constructing a 380-unit apartment building at 5500 Wisconsin Ave in Chevy Chase, Md, about six miles northwest of Washington, DC The 18-story property also would have 15,000 square feet of retail...
First Mile Properties has paid $84 million, or $13135/sf, for River Centre, a 639,490-square-foot office property in Red Bank, NJ Five Mile is an affiliate of Crown Acquisitions of New York, which was founded by the late Stanley Isaac Chera, who...
Louisville Business First MCR Hotels has paid $202 million, or $134,667/room, for the 150-room Hilton Garden Inn Louisville Mall of St Matthews in Louisville, Ky The New York management and development company purchased the property from its...
Commercial Real Estate Direct Staff Report A venture led by XFD Real Estate has paid $365 million, or $41,104/bed, for the 888-bed Landing student-housing property in Greenville, NC Pierce Education Properties of San Diego sold the complex in a deal...
Decron Properties has paid $6475 million, or $333,762/unit, for 1221 Broadway, a 194-unit apartment property in Tempe, Ariz The three-story complex is encumbered by a $272 million Freddie Mac loan that was securitized through FREMF, 2017-K727 The...
Commercial Real Estate Direct Staff Report ECI Group has paid $665 million, or $243,590/unit, for the 273-unit Mosaic at Oak Creek apartment property in Bonita Springs, Fla, about 15 miles north of Naples, Fla The Atlanta multifamily specialist...
Parkview Financial has provided $90 million of financing for the construction of 1 Park Row, a proposed mixed-use building with 58 residential condominium units as well as office and retail space in Manhattan’s Financial District The property...
Phoenix Business Journal TMG Partners has agreed to pay $35756 million, or $83453/sf, for the 428,459-square-foot office property at 350-380 Ellis St in Mountain View, Calif The San Francisco developer is buying the property from NortonLifeLock Inc...
Mesa West Capital has provided $40 million of financing for Elan Parkside, a 309-unit apartment property in Austin, Texas The loan, which has a five-year term and pays a floating coupon, allowed SPI Advisory of Dallas to buy the property from a...
Boston Business Journal Greystar Real Estate Partners plans on breaking ground this summer on a 650-unit apartment complex in the Boston suburb of Everett, Mass The two-building complex, at 85 Boston St, will also have 9,000 square feet of retail...
