Minneapolis / St Paul Business Journal Industrial Realty Group has paid $21 million, or $4976/sf, for the former Sportsman’s Guide headquarters and distribution facility in South St Paul, Minn The Los Angeles investor bought the...
South Florida Business Journal Gatsby Florida has lined up $1186 million of construction financing for The Palm mixed-use project in Palm Beach Gardens, Fla Cirrus Real Estate Partners provided the three-year, floating-rate loan, which was arranged...
Commercial Real Estate Direct Staff Report New York Life Insurance Co has provided $63 million of mortgage financing against the 310-room Delta Hotels by Marriott New York Times Square hotel in Manhattan The property is a former Staybridge Suites...
Multi-Housing News Canyon Partners Real Estate and JPMorgan have provided $747 million of financing for the construction of a 180-unit apartment property at 375 East Alessandro Blvd in Riverside, Calif, about 60 miles east of Los Angles The property...
Ashford Hospitality Trust Inc has sold the 351-room Hyatt Regency Savannah in Savannah, Ga, for $158 million, or $450,142/room The Dallas hotel REIT sold the property to a venture of Certares Real Estate Management of New York and Clearview Hotel...
Connect CRE Invesco Real Estate has paid $995 million, or $12219/sf, for Crossroads Logistics Park, an 814,320-square-foot industrial property in Spartanburg, SC The Atlanta investment manager acquired the three-building property from a venture of...
Crain’s Chicago Business Laramar Group has paid $1657 million, or $252,591/unit, for Eleven Thirty, a 656-unit apartment property in Chicago’s South Loop neighborhood The local investor acquired the property, at 1130 South Michigan Ave,...
Dwight Mortgage Trust has provided $70 million of financing against the recently renovated Cosmo 440 apartment property, with 216 units in Newark, NJ The loan was arranged by Drew Capital of Jackson, NJ It allowed a group led by Yisroel Berger, who...
The Real Deal LA Care, a Los Angeles healthcare provider that occupies all the office space at the mixed-use building at 1200 West 7th Ave in downtown Los Angeles, has purchased a $200 million distressed loan against the 725,000-square-foot property...
Majestic Realty has paid $2725 million, or $47963/sf, for the 56,815-square-foot office and research and development property at 401 Coral Circle in El Segundo, Calif, about 18 miles south of Los Angeles The City of Industry, Calif,...
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