The number of sale-leaseback transactions, driven by the heady activity in the mergers and acquisitions market, totaled 185, up 93 percent in the second quarter when compared with a year ago That's according to analysis by SLB Capital Advisors,...
Bisnow Boyd Watterson Asset Management has paid $1965 million, or $55352/sf, for 675 North Randolph St, a 355,000-square-foot office building in Arlington, Va The Cleveland company bought the property from the Shooshan Cos of Arlington, which had...
Commercial Real Estate Direct Staff Report Ascendas REIT has agreed to pay $156 million, or $7091/sf, for 11 industrial properties with about 22 million square feet in and around Kansas City, Mo The Singapore company is buying the portfolio from...
Commercial Real Estate Direct Staff Report A venture of GI Partners and California Public Employees’ Retirement System has paid $254 million, or about $1,099/sf, for 520 Almanor, a 231,220-square-foot office building in Sunnyvale, Calif The...
South Florida Business Journal Western-Southern Life Assurance Co has provided a $72 million construction loan for the development of the Palm Beach Riverstone Apartments in West Palm Beach, Fla American Group of Los Angeles recently broke ground on...
Orlando Business Journal Centennial Bank has provided $40 million of construction financing for the development of Celebration Pointe, a 127,277-square-foot mixed-use property in suburban Orlando, Fla Unicorp National Developments Inc is building...
Tower 16 Capital Partners has paid $85 million, or $257,575/unit, for the 330-unit Sorelle Apartments in Moreno Valley, Calif Mesa West Capital provided financing for Tower 16’s purchase, which was arranged by NorthMarq Berkadia brokered the...
Commercial Real Estate Direct Staff Report Macquarie Capital has provided $1667 million of financing against the 90 residential condominium units at the Jolie in lower Manhattan The 42-story building, at 77 Greenwich St, also has 7,500 square feet...
Commercial Real Estate Direct Staff Report Starlight Investments has paid $1219 million, or $249,284/unit, for the 489-unit Indigo Apartments in Morrisville, NC, a Raleigh, NC, suburb The Toronto investment manager bought the property from Blue...
Cabot Properties has agreed to sell 102 industrial properties to Blackstone Real Estate Income Trust Inc for $23 billion The acquisition will increase, by more than 10 percent, the non-traded REIT’s exposure to the industrial sector, which...
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.
Subscribe to our Weekly Newsletter!
