Philadelphia Business Journal Welltower has acquired Arbor Terrace Exton, an 88-unit seniors housing community in Exton, Pa, for $355 million, or $403,409/unit The Toledo, Ohio, REIT bought the property from a venture of Bain Capital and Capitol...
Commercial Real Estate Direct Staff Report Valley Bank has provided $557 million of financing against 143,354 square feet of office and retail space at Tampa’s Midtown East office building The 10-year credit, arranged by JLL Capital Markets,...
SL Green Realty Corp is starting an effort to refinance the $177 billion of mortgage financing against 245 Park Ave, the 178 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group The existing loan,...
Balbec Capital LP has provided $4275 million of mortgage financing against the 301-unit Bend on Bluebonnet apartment property in Baton Rouge, La JLL Capital Markets arranged the three-year loan on behalf of the property’s owner, a venture of...
OceanFirst Financial Corp has sold a $13 billion portfolio of multifamily loans, most backed by properties subject to New York City’s onerous rent regulations The banking company, parent of OceanFirst Bank, assumed the loans through its...
Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas The Menlo Park, Calif, company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago,...
Boston Business Journal Equus Capital Partners has bought the two-building Centech Park North industrial property in Shrewsbury, Mass, for $751 million, or $25027/sf The Newtown Square, Pa, investment manager acquired the 300,075-square-foot...
Charlotte Business Journal Asana Partners has paid $60 million, or $91917/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, NC The local company bought the open-air shopping center from a venture of Hill Partners,...
South Florida Business Journal Kamson Corp has paid $905 million, or $189,331/unit, for Ponte Verde at Palm Beach Lakes, a 478-unit residential condominium community in West Palm Beach, Fla The Englewood Cliffs, NJ, apartment owner purchased the...
Dallas Business Journal Lone Star Funds has purchased the 457,901-square-foot Premier Place office property in Dallas for an undisclosed price The London investment firm purchased the 20-story building from Glenstar Properties of Chicago, which paid...
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