Charlotte Business Journal Tishman Speyer has acquired Berkshire Dilworth, a 296-unit apartment community in Charlotte, NC, for $763 million, or $257,770/unit The New York investment manager purchased the property, at 1351 East Morehead St, through...
Charlotte Business Journal Stonemont Financial Group has acquired two industrial properties totaling 596,099 square feet at 5910 and 5808 Long Creek Park Drive in Charlotte, NC, for $873 million, or $14645/sf The Atlanta investor purchased the...
South Florida Business Journal Harbor Group International has bought the 505-unit Emerald Palms Apartments in Miami for $109 million, or $215,842/unit The Norfolk, Va, company purchased the property from Milestone Group of Dallas, which had acquired...
PXV Multifamily, formed late last year by Matt Ferrari, the former co-chief investment officer of TruAmerica Multifamily, has completed its first acquisition, paying $295 million, or $136,574/unit, for the 216-unit Village on the Green apartment...
An investment vehicle managed by BlackRock was the buyer of Camden Property Trust’s 11 California apartment properties with 3,609 units It paid $163 million, or $451,648/unit JLL Capital Markets arranged the deal, along with $5666 million in...
American Landmark Apartments has acquired the 295-unit Tortuga Bayside apartment property in St Petersburg, Fla, for $613 million, or $207,797/unit The Tampa, Fla, investment manager bought the property, at 10475 Gandy Blvd North, from Arium Living,...
Multi-Housing News American Healthcare REIT has paid $1028 million, or $514,000/unit, for Avella at Almaden, a 200-unit seniors housing property in San Jose, Calif The Irvine, Calif, REIT acquired the property, at 4610 Almaden Expressway, from its...
South Florida Business Journal An affiliate of Hill City Capital has placed an $88 million stalking horse bid for Spirit Airlines’ former headquarters campus in Dania Beach, Fla The 615,595-square-foot property will be sold at an Aug 11...
Sack Capital Partners has paid $367 million, or $265,942/unit, for the 138-unit Terramonte at Foothill Apartments in Pomona, Calif, some 30 miles east of Los Angeles The San Francisco investment manager acquired the property from Positive...
Camden Property Trust has sold its 11 California apartment properties with 3,609 units for $163 billion, marking the company's exit from the state after 28 years...
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.
