Community Three Development, which recently purchased a development site at 950 Third Ave NW in Washington, DC, has lined up $60 million of financing to construct a 12-story building with 130 residential condominiums The Washington, DC, developer...
Neil Luthra and Vann Avedisian, former principals at Highgate Hotels, have formed Newbond Holdings, which will pursue equity and debt investments in the hotel sector The company has completed its first deal, partnering with Apollo Global Management...
Tampa Bay Business Journal Preston Giuliano Capital Partners has sold a pair of Tampa, Fla-area apartment properties totaling 503 units for $112 million, or about $222,664/unit The Providence, RI, company sold the properties to 29th Street Capital...
Avanti Residential has paid $159 million, or about $400,503/unit, for Forum Fitzsimons, a 397-unit apartment property in Aurora, Colo The Denver investor bought the property from an affiliate of the Pollin Group of Rancho Santa Fe, Calif, which had...
BSR REIT has paid $938 million, or $263,483/unit, for the 356-unit Aura 36Hundred Apartments in the Austin, Texas, suburb of Round Rock, Texas The Little Rock, Ark, REIT, whose common shares trade on the Toronto Stock Exchange, bought the property...
Dallas Morning News The Parks Family Trust has bought the Eastgate Shopping Center, a 101,136-square-foot retail property in Garland, Texas, about 15 miles northeast of downtown Dallas The seller and purchase price were not disclosed Structure...
Dallas Morning News Chang Long Investment Corp has acquired the 161,182-square-foot Northpointe Centre office property in Dallas The Plano, Texas, investor bought the property, at 12005 Ford Road, from an unidentified seller Colliers International...
Dallas Morning News Bain Capital Real Estate has bought two 55-and-over residential communities with a combined 360 units in suburban Dallas for an undisclosed price The seller was not identified JLL Capital Markets brokered the deal The properties...
Dallas Morning News James Campbell Co has acquired a pair of industrial properties totaling more than 525,000 square feet in Denton County, Texas The Kapolei, Hawai’i, company bought the buildings, which are part of the Denton Crossing...
Pebblebrook Hotel Trust has assumed the $1615 million CMBS loan against the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla, which it has purchased for $270 million, or $731,707/room, from KSL Capital Partners It funded 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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