Boston’s One Marina Park Drive office building is said to be close to being sold for $435 million, or roughly $885/sf The 491,573-square-foot building, within the Fan Pier mixed-use complex in the city’s Seaport District, is owned by...
Washington Business Journal A venture of Garfield Investments and Broad Creek Capital has agreed to pay $262 million, or $13497/sf, for the 194,115-square-foot office property at 1667 K St NW in Washington, DC James Campbell Co of Kapolei, Hawaii,...
Washington Business Journal Trinity Property Consultants has paid $845 million, or $239,376/unit, for The Rowan, a 353-unit apartment complex in Washington, DC The Irvine, Calif, multifamily owner acquired the 10-story property from its developer,...
Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
DivcoWest has completed its purchase of a 475% stake in the 101 California St office building, with 125 million square feet in San Francisco’s financial district The San Francisco investment manager bought the stake for a price that valued the...
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...
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