South Florida Business Journal A Blackstone Group affiliate has bought Green Cay Village, a 160-unit affordable housing property in Boynton Beach, Fla, for $4025 million, or about $251,563/unit The New York investment giant acquired the residential...
Commercial Observer Rabsky Group has secured $92 million of financing from G4 Capital Partners to refinance existing debt and fund pre-development costs involved at 313-315 Bond St, a proposed 526,118-square-foot mixed-use property in the Gowanus...
Dallas Morning News Work is slated to begin this summer on a 213-unit multifamily project in Dallas Hanover Co, a Houston apartment developer, early this year acquired the project’s near two-acre development site on Northwest Highway near...
Greenberg Gibbons Commercial Corp has paid $236 million, or $110/sf, for the Gateway Plaza, a 214,489-square-foot retail center in the Orlando, Fla, suburb of Sanford, Fla The Owings Mills, Md, developer of mixed-use, retail and research and...
Cortland has purchased a pair of apartment properties totaling 865 units in Arlington, Va The deal is part of the Atlanta multifamily company’s plan to invest $1 billion in acquisitions in Arlington, which is about five miles southwest of...
Commercial Real Estate Direct Staff Report Apartment sales volume totaled $63 billion in the first quarter, up 775 percent from the $355 billion of investment volume at the same time last year, according to CBRE Apartment sales were down from the...
Charlmont Village Townhomes, a 55-unit apartment property in Ontario, Calif, has sold for $2394 million, or $435,272/unit MAG Capital Partners of Fort Worth, Texas, purchased the property, according to a report from Commercial Observer The seller,...
San Diego Business Journal Equity Street Capital has paid $217 million, or $328,787/unit, for Elivia, a 66-unit apartment property in San Diego The Seattle investor purchased the property from ALA Spring Mountain LLC in a deal brokered by Berkadia...
Triangle Business Journal Private Reserve Realty has bought Amberwood at Lochmere, a 340-unit apartment property in Cary, NC, for $93 million, or about $273,529/unit The Naples, Fla, real estate company bought the complex from The Beach Co, a...
South Florida Business Journal Ocean Bank has provided $5523 million of construction financing for Bay Pointe, a 269-unit apartment project in Miami The loan has a two-year term Garco, a Miami multifamily builder, recently broke ground on the...
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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