Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $455 million, or $157,439/unit, for the 289-unit Domain 3201 apartment property in Tucson, Ariz The Irvine, Calif, investment manager acquired the property, at 3201...
Commercial Real Estate Direct Staff Report Dwight Capital has originated a $114 million loan under the US Department of Housing and Urban Development’s 221(d)(4) program for the conversion of the 435,629-square-foot office property at 100 East...
New York Real Estate Journal National Realty & Development Corp has lined up $75 million of financing against Orange Plaza, an 811,272‑square‑foot retail property in Middletown, NY, about 70 miles northwest of Manhattan An undisclosed life...
Norman Journal Record A venture of Mazaheri Properties and Champion Hotels has paid $8225 million, or $19743/sf, for University Town Center, a 416,766‑square‑foot retail property in Norman, Okla The venture purchased the shopping center from...
Austin Business Journal Brick Row has acquired the 181,000‑square‑foot office building at 823 Congress Ave in downtown Austin, Texas The local investor purchased the 16-story property from an affiliate of DRA Advisors of New York, which had...
Washington Business Journal A company led by Satvik “Vinny” Raj has paid $17 million, or $9770/sf, for the Liberty Loan Building, a 174,000‑square‑foot office property in Washington, DC It acquired the historic building from the US...
Cohen & Steers Income Opportunities REIT Inc has paid $612 million, or $22836/sf, for the 268,000-square-foot Winslow Bay Commons retail property in the Charlotte, NC, suburb of Mooresville, NC The REIT, whose shares do not trade on any...
South Florida Business Journal An affiliate of Breevast has paid $1099 million, or $413,158/unit, for Avida Aventura, a 266‑unit apartment property in Miami The Amsterdam company bought the eight‑story property from an affiliate of Fifield Cos...
AZ Big Media US Merchants has paid $6388 million, or $14072/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz, a northwestern suburb of Phoenix The Beverly...
Atlanta Business Chronicle Dominium has paid $278 million, or $168,485/unit, for Sweetwater Terraces, a 165‑unit apartment complex in the Atlanta suburb of Duluth, Ga The Plymouth, Minn, affordable-housing developer purchased the active-adult...
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.
