Crain’s Chicago Business JVM Realty Corp paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill The Oak Brook, Ill, investment manager purchased the property from Opus Group in a deal brokered by CBRE A...
Tampa Bay Business Journal NexGen Hotel has paid $1875 million, or about $145,349/room, for the Holiday Inn St Petersburg West hotel in St Petersburg, Fla The Schaumburg, Ill, company bought the 129-room property from an undisclosed seller It lined...
Dallas Morning News Work is expected to start early next year on Mustang Crossing, a 546,330-square-foot industrial project in Southlake, Texas A venture of Constellation Real Estate Partners and Northwestern Mutual Real Estate is building the...
Dallas Morning News The Kaufman Economic Development Corp has plans to build a 12 million-square-foot industrial project in Kaufman, Texas, about 34 miles southeast of Dallas The city-run group recently purchased more than 100 acres along US Highway...
San Antonio Business Journal A venture of The NRP Group and the Brooks Development Authority has proposed building a 350-unit apartment property on the site of the former Brooks Air Force Base in San Antonio The project is being planned for a...
San Antonio Business Journal A foreclosure auction has been scheduled for Dec 5 for the Solara, a 285-unit apartment property in San Antonio GVA LLC of Austin, Texas, had defaulted on the property’s $563 million loan, which was provided by...
Commercial Real Estate Direct Staff Report An affiliate of MJD Capital Partners has sold Quail Manor, a 56-unit apartment property in Reno, Nev, for $145 million, or $258,928/unit The Sacramento, Calif, investment firm sold the property to a San...
Commercial Real Estate Direct Staff Report Carter Properties has paid $4175 million, or $28375/sf, for West Bay Plaza, a 147,135-square-foot retail center in Westlake, Ohio, about 16 miles west of Cleveland The Bratenahl, Ohio, company purchased the...
Commercial Real Estate Direct Staff Report Hines has acquired Chicago Prime Portfolio, a two-building industrial property with 11 million square feet in Melrose Park, Ill The purchase price could not be learned immediately However, the two buildings...
The Real Deal Antheus Capital has paid $59 million, or $214,545/unit, for the 275-unit Aspire apartment property in Chicago The Englewood, NJ, investment firm purchased the property from its developer, Draper & Kramer, which was represented by...
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