Allen Morris Co has paid $31 million for a 155-acre parcel at 1060 Donald Lee Hollowell Parkway, along Atlanta’s Westside Beltline, on which it plans to develop a mixed-use property The Miami company, which has a number of other projects...
Element Property Co has purchased the 361-unit Kernan Oaks Apartments in Jacksonville, Fla, with plans to convert the 25-year-old student-housing property into conventional rentals The property, at 3601 Kernan Blvd South, was purchased for $87...
Meridian Pacific Ltd is offering for sale the 113,425-square-foot Puna Kai Shopping Center in Pahoa, Hawaii The Waipahu, Hawaii, developer has hired Marcus & Millichap to market the retail property for sale It’s expected to sell for $75...
Multi-Housing News EverWest Real Estate Investors has paid $545 million, or $419,230/unit, for the 130-unit Muir Apartments in Seattle The Denver company purchased the property from its developer, Daly Partners, which was represented by Kidder...
A venture led by Crestlight Capital has purchased the two-building SouthPark Towers office complex in Charlotte, NC, funding it with a $1678 million mortgage provided by Mesa West Capital Crestlight, which is based in Detroit, was founded five years...
Commercial Observer RFR Holding has closed on its purchase of 475 Fifth Ave, a 282,000-square-foot office building in Manhattan’s Bryant Park area for which it paid $290 million, or $1,028/sf The New York company had funded the acquisition...
Commercial Real Estate Direct Staff Report Silver Star Real Estate has paid $265 million, or $265,000/unit, for Maryland West, a 100-unit apartment property in Glendale, Ariz The La Palma, Calif, investor purchased the complex from CRSC Residential...
Houston Business Chronicle Interra Capital Group has bought the 162,919-square-foot One Park 10 Plaza office building in Houston The local company acquired the eight-story property from Accesso Partners LLC of Hallandale Beach, Fla The sales price...
Dallas Morning News Sares Regis Group has bought Alta Design District, a 309-unit apartment property in Dallas for an undisclosed price The Newport Beach, Calif, company acquired the four-story property, at 1531 Inspiration Drive, from its...
Dallas Morning News Marcus & Millichap has brokered the sale of two apartment properties in the Dallas area in separate deals Local investor Tony Lin has bought the 152-unit Vanderbilt Apartments at 2053 Estrada Parkway in the Dallas suburb of...
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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