Commercial Observer A venture of Jair Lynch Real Estate Partners and Nuveen Real Estate has paid $725 million, or about $156,587/unit, for the 463-unit Phoenix Apartments in Bladensburg, Md, about seven miles northeast of Washington Florida Value...
Commercial Observer A venture of Maplewood Senior Living and Omega Healthcare Investors has paid $581 million, or $224,324/room, for the 259-room Fairfax at Embassy Row hotel in Washington, DC Westbrook Partners sold the property in a deal brokered...
A venture of PCCP LLC and Transwestern Development Co is planning to build a 173,400-square-foot industrial property at 950 Ice Cream Drive in North Aurora, Ill, about 40 miles west of Chicago The property will be built on a speculative basis and...
The Real Deal The 203-room Civilian hotel is set to open next month in Manhattan A venture of hotelier Jason Pomeranc, Joy Construction, Madd Equities and Atlas Hospitality is developing the property, which will have a restaurant, guest lounge,...
The Real Deal Amazoncom Inc is looking to develop a 64,000-square-foot last-mile distribution facility on Long Island, NY The online retail giant plans to submit a proposal to the Smithtown Board of Zoning Appeals this week The industrial property,...
Commercial Observer The 287-room Ace Hotel recently opened its doors in Brooklyn, NY A venture led by GFI Development constructed the property, at 252 Schermerhorn St, which sits between Bond and Nevins streets in the borough’s downtown area...
South Florida Business Journal A Related Group affiliate has lined up $6986 million of construction financing for the Manor Miramar apartment project in that Florida city Wells Fargo Bank provided the loan The project is slated to break ground early...
Real Estate NJ Claremont Development plans on building a 444-unit apartment property in Jersey City, NJ The 23-story building, at 619 Grove St, will have 5,600 square feet of ground-floor commercial space, 18,500 sf of indoor and outdoor amenity...
Commercial Observer Tritec Real Estate has secured $113 million of financing for the development of the 418-unit Bay Shore Residences apartment property in Bay Shore, NY Truist Financial Corp and Santander Bank provided the four-year, floating-rate...
Puget Sound Business Journal CRG, Clayco Inc’s development and investment arm, has broken ground on a 11 million-square-foot industrial property at 2311 93rd Ave, in Tumwater, Wash, about eight miles south of Olympia, Wash The property is...
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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