The Real Deal Stonehenge NYC has paid $115 million, or $586,735/unit, for the 196-unit RiverEast apartment building on Manhattan’s Upper East Side The New York investor bought the 32-story property, at 408 East 92nd St, from UBS Realty...
Torose Equities, a recently formed real estate investor, has completed its second investment, paying $31 million, or $92/sf, for the 336,772-square-foot 6302 Corporate Center office property in Tampa, Fla The company pursues a contrarian investment...
Commercial Real Estate Direct Staff Report Walker & Dunlop Investment Partners Inc has paid $2775 million, or just less than $62/sf, for the County Line Commerce Center, a 450,000-square-foot office property in the Philadelphia suburb of...
The Bronx Times Camber Property Group has acquired a pair of apartment buildings with 187 units in the Bronx, NY, for $564 million The New York company paid $29 million, or $261,261/unit, for the 111-unit Morris Heights Mews at 1695 Grand Ave, and...
Commercial Real Estate Direct Staff Report Sunbelt Investment Holdings Inc has paid $311 million, or $28928/sf, for River Center, a 107,508-square-foot retail property in Tucson, Ariz The San Diego real estate company purchased the property from...
Commercial Observer ARLS Properties has started construction on the Bel Air Village mixed-use property in the Baltimore suburb of Bel Air, Md The property is being built on a 35-acre site off Route 24 It will have 252 apartment units, 24 townhomes...
Guggenheim Partners has provided $24 million of financing against Mayfair in the Grove, a 281,782-square-foot mixed-use property in Miami’s Coconut Grove neighborhood The loan was arranged by Dockerty Romer & Co of Delray Beach, Fla, and...
NextGen Properties Group has paid $4963 million, or $387,734/unit, for the 128-unit Alivia Apartments in Whittier, Calif The Irvine, Calif, real estate company purchased the property as part of a tax-deferred exchange from an affiliate of Fairfield...
Multi-Housing News CBRE Investment Management, on behalf of affiliates of Munich Re Group, has bought the 247-unit Liberty Warehouse Apartments in Durham, NC The seller and purchase price were not disclosed The property is encumbered by a $46...
Carter Multifamily has paid $345 million, or about $172,500/unit, for the 200-unit Brighton Park Apartments in Byron, Ga The seller was not disclosed The property is encumbered by an $18 million Freddie Mac loan that’s securitized through...
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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