CARROLL, which last year had acquired 34 apartment properties with 13,000 units, completed the purchase of 12 properties with 4,000 units this year through June Its acquisitions so far this year total $11 billion Meanwhile, it's sold $15 billion of...
Crain’s Chicago Business DRA Advisors has paid $106 million, or $185,639/unit, for the Bennington, a 571-unit apartment property in Bensenville, Ill, a suburb of Chicago The New York investment manager purchased the property from FPA...
Atlanta Business Chronicle A venture of Jair Lynch Real Estate Partners and Nuveen has bought a pair of affordable-housing properties with a combined 716 units in the Atlanta suburb of Clarkston, Ga Core Real Estate Partners of Windermere, Fla, sold...
Tampa Bay Business Journal Freedman’s Development has sold a 600-unit self-storage facility in Tampa, Fla, for $185 million, or about $30,833/unit The buyer was not disclosed Freedman built the property, at the intersection of Interstate 275...
Orlando Business Journal GVA Real Estate Group has acquired the Casa Mirella Apartment Homes, a 276-unit property in the Orlando, Fla, suburb of Windermere, Fla, for $802 million, or about $290,580/unit The Austin, Texas, company purchased the...
Orlando Business Journal Local developer Cameron Kuhn has filed plans to build a 36-story mixed-use building in downtown Orlando, Fla The 830,581-square-foot property is being planned for a 114-acre parking lot site at 110 West Jefferson St It would...
PCCP LLC has provided $434 million of financing for the construction of a 58,950-square-foot industrial property in the Hunts Point area of the Bronx, NY The property, at 1100 Leggett Ave, two blocks from the Bruckner Expressway, already has been...
Square Mile Capital Management has provided $563 million of financing against the 306-room Sofitel Philadelphia, facilitating the property’s $80 million, or $261,438/room, purchase by a venture of Clearview Hotel Capital and Oaktree Capital...
Commercial Observer Chetrit Group and Stellar Management have secured a $365 million loan from Citigroup, BMO Capital Partners and Starwood Property Trust against the 850-unit Park West Village apartment property on the Upper West Side of Manhattan...
Ramsfield Hospitality Finance and AB CarVal have provided $60 million of mortgage financing against the 244-room Moran Hotel near Houston’s Energy Corridor The loan, with a three-year term and two one-year extension options, allowed the...
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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