Northmarq has provided $561 million of Fannie Mae financing against the 354-unit Wintercrest Village apartments in the San Diego suburb of Lakeside, Calif The 10-year loan requires only interest payments for its entire term The property, at 12002...
SparrowHawk has paid just less than $400 million, or $9091/sf, for a portfolio of 20 industrial buildings with 44 million square feet in four Midwestern states The Houston industrial property investment manager, which last year lined up $300 million...
Varia US Properties AG, a Swiss company that owns US apartment properties, has agreed to sell a stake in 13 of its apartment properties, with 4,112 units, to Brookfield Asset Management It’s selling a 90% stake in four properties with 1,060...
An affiliate of Acadia Realty Trust has committed to provide $75 million of mortgage financing to fund the $56 million, or $46830/sf, purchase of the 119,584-square-foot Whitestone Shopping Center in the Whitestone section of Queens, NY, and the...
Commercial Real Estate Direct Staff Report Voya Investment Management has provided $2325 million of mortgage financing against the 105-unit Align Apartments in the Seattle suburb of Federal Way, Wash Northmarq arranged the four-year loan on behalf...
Puget Sound Business Journal Ares Management has paid $55 million, or $22277/sf, for Tacoma Central Logistics, a 248,000-square-foot industrial property in Tacoma, Wash The Los Angeles investor acquired the property, at 1950 State St, from its...
Denver Business Journal Stonemont Financial Group and PCCP have paid $117 million, or $18253/sf, for North Central Logistics Center, a three-building industrial property with 641,000 square feet in Denver The property is just one of the 38 that the...
Tampa Bay Business Journal A joint venture led by Broad Creek Capital has paid $67 million, or $212,698/unit, for The Crossings at Palm Aire, a 315-unit apartment complex in Sarasota, Fla The Washington, DC, investment firm teamed with Hillridge...
Multi-Housing News Bridge Investment Group has paid $501 million, or $278,333/unit, for the 180-unit River Ridge apartments in Tualatin, Ore, about 13 miles southwest of downtown Portland, Ore The Salt Lake City investor acquired the property from...
Atlanta Business Chronicle An affiliate of Saratoga Capital Partners has paid $984 million, or $292,857/unit, for Generation Atlanta, a 336-unit apartment community in Atlanta The New York private equity firm acquired the property at a recent...
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