Commercial Observer A venture of Klosed Properties and Namdar Realty Group has paid $235 million, or $1,054/sf, for the 22,285-square-foot retail property at 446 West 14th St in Manhattan’s Meatpacking District The venture—both Klosed and...
CBRE has provided $1282 million of Fannie Mae financing against the 465-unit Ashlar Park apartment property in the Boston suburb of Quincy, Mass The financing, which was also arranged by CBRE, takes out a $1287 million construction loan that...
Charlotte Business Journal Cousins Properties has paid $3175 million, or $49765/sf, for 300 South Tryon St, a 638,000-square-foot office building in Charlotte, NC The Atlanta REIT purchased the 25-story structure from Barings in a deal brokered by...
Orlando Business Journal Longpoint has bought the 100,000-square-foot Vine Street Square retail property in Kissimmee, Fla, for $241 million, or $241/sf The property, at 3105-3199 West Vine St, is anchored by a Walmart Neighborhood Market Other...
Vigilant Real Estate Holdings has paid $2265 million, or $17507/sf, for two industrial buildings with 129,380 square feet at 20 and 40 Ledin Drive in the Boston suburb of Avon, Mass The New York investor bought the buildings, which are fully leased...
Affinius Capital has provided $115 million of financing to fund the completion and lease up of the 160-unit apartment property at 162 East 36th St in the Murray Hill section of Manhattan The property is being developed by a venture of Ranco Capital...
South Florida Business Journal Aptos Management has purchased a pair of office buildings totaling 147,417 square feet within the Deerfield Corporate Park in Deerfield Beach, Fla, for $345 million, or $23403/sf The West Palm Beach, Fla, company...
Charlotte Business Journal Sherman Residential has paid $586 million, or $195,333/unit, for the 300-unit Elan Prosperity Village apartment complex in Charlotte, NC The Chicago investment company purchased the 11-building property from its developer,...
Dallas Business Journal BridgeInvest has provided $57 million of construction financing for the Freemont Frisco Apartments, a 313-unit complex in suburban Dallas The Miami lender originated the loan on behalf of the property’s developer, a...
Simon Property Group, which owns 178 mall and outlet properties, was quite busy last year addressing debt maturities, completing $9 billion of deals, including $7 billion of mortgage refinancings and...
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.
