Multi-Housing News Castle Lanterra Properties has sold Azure and Baypoint, two apartment properties totaling 570 units in Corpus Christi, Texas The purchase price was undisclosed Sundance Bay bought the Azure, with 220 units at 7221 South Staples St...
Denver Business Journal Curtis Capital Group has paid $23 million, or $353,846/unit, for Nuvo Modern Rentals, a 65-unit apartment property in Denver The Bellevue, Wash, investment firm purchased the property from Baron Properties of Denver The...
Staley Point Capital has paid $33 million, or nearly $454/sf, for 1020 Mildred St, a 72,768-square-foot distribution facility in Ontario, Calif The two-story building, which was constructed in 2018, is within the Mission Grove Business Park, which...
Publix Super Markets Inc has paid $3605 million, or $297/sf, for Osceola Village, a 121,445-square-foot retail center in the Orlando, Fla, suburb of Kissimmee, Fla The Lakeland, Fla, grocery chain bought the property, which it anchors, from East...
REJournalscom Caller Properties has paid $2145 million, or $17345/sf, for the 123,664-square foot retail center at the intersection of 72nd and Pacific streets in Omaha, Neb The Lexington, Ky, company purchased the property NewStreet Properties,...
South Florida Business Journal American Landmark Apartments has sold the EnV, a 316-unit property in Hollywood, Fla, for $6956 million, or about $220,127/unit The Tampa, Fla, multifamily investor sold the property to an affiliate of Phoenix Realty...
Charlotte Business Journal Doma Vida Investments has paid $12 million, or about $16667/sf, for the two-building Floyd Smith Office Park in Charlotte, NC The local company acquired the 72,000-square-foot property from an affiliate of Speedway...
Tampa Bay Business Journal Starwood Capital Group has purchased The Sands at Clearwater, a 240-unit apartment property in Clearwater, Fla, for $669 million, or $278,750/unit The Miami Beach, Fla, investment giant lined up a $1436 million loan from...
Another CMBS loan against a shopping mall has transferred to special servicing because it's expected to default at its upcoming maturity The latest is the $11401 million mortgage against Park City Center in Lancaster, Pa, which is owned by an...
Federal Realty Investment Trust has paid $536 million, or $25047/sf, for Scottsdale Forum, a 214,000-square-foot office building in Scottsdale, Ariz The Bethesda, Md, REIT purchased the property from CapRidge Partners, which had acquired it in 2018...
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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