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...
Avanath Capital Management, which specializes in affordable-housing properties, has raised another $205 million of equity commitments for its open-ended fund, Avanath Affordable Housing Renaissance Fund The vehicle only pursues affordable and...
Provender Partners has recapitalized a portfolio of six cold-storage assets with 113 million square feet by bringing in StepStone Real Estate as partner StepStone, a San Francisco investment manager, effectively acquired the stake in the portfolio...
An affiliate of Belpointe Capital has come up with an innovative structure that would allow developers of properties in Opportunity Zones to complete capital events without triggering any capital-gains tax liabilities...
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...
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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