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...
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...
The Real Deal The New York Housing Development Corp has leased 109,000 square feet at 120 Broadway, a 191 million-square-foot office building in lower Manhattan The state agency is moving from 110 William St, also in lower Manhattan A venture of...
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...
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...
Crain’s New York Business Community Access has started work on Baez Place, a 154-unit affordable-housing project in the Bronx, NY The Manhattan nonprofit is developing the property at 1861 Carter Ave in the borough’s Claremont...
363,000-SF Retail Center in Chula Vista, Calif, Sells for $478Mln Commercial Real Estate Direct Staff Report Gershman Properties has paid $478 million, or $13168/sf, for the Shops at Eastlake Terraces, a 363,300-square-foot retail center in Chula...
Interstate Equities Corp has paid $93 million, or $567,073/unit, for the Vines at Riverpark, a 164-unit apartment property in Oxnard, Calif The Los Altos, Calif, investment firm purchased the property from Champion Real Estate Co of Los Angeles,...
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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