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...
South Florida Business Journal Trinsic Residential Group has lined up $99 million of construction financing for Aura North Miami Beach, a 373-unit apartment project in North Miami Beach, Fla The Dallas developer is building the property on 28 acres...
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...
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...
Dallas Morning News Jacobson Co has bought the Atlantica, a 217-unit apartment property in Burleson, Texas, about 18 miles south of Fort Worth, Texas The Los Angeles investor acquired the five-building complex from its developer, Sovereign...
An affiliate of Illinois National Bank has provided $235 million of financing for the construction of Terraces at Wildhorse Village, a 70-unit apartment property in Chesterfield, Mo Northmarq arranged the five-year loan from the Springfield, Ill,...
Commercial Real Estate Direct Staff Report Lincoln National Life Insurance Co has provided $25 million of financing to facilitate Pacific Urban Investors’ $69 million, or $511,111/unit, purchase of 2900 on First, a 135-unit apartment property...
NewPoint Real Estate Capital has launched a proprietary platform to originate a variety of financing products against affordable-housing properties It's teamed on the effort with Morgan Properties, among the country's largest owners of apartment...
Commercial Real Estate Direct Staff Report An affiliate of Harbor Group International has paid $180 million, or $517,241/unit, for three apartment properties with 348 units in Long Beach, Calif The Norfolk, Va, investment manager purchased 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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