Crain’s Chicago Business Waterton has paid $85 million, or $431,472/unit, for Flair Tower, a 197-unit apartment property in Chicago’s River North neighborhood The local investor acquired the 26-story property from General Investment...
REBusiness Online Fogelman Properties has teamed up with Thackeray Partners to buy The Vineyards, a 200-unit apartment complex in the Memphis, Tenn, suburb of Germantown, Tenn The purchase is the 18th for the venture—Fogelman is based out of...
Triangle Business Journal A venture of Atlanta Property Group and TPG Angelo Gordon has paid $267 million, or $10194/sf, for the 261,926-square-foot North 70 Distribution Center in Durham, NC The venture—Atlanta Property is in Atlanta and TPG is...
South Florida Business Journal Acevedo Investments Corp has bought the Regency Club Apartments, a 74-unit complex in Hialeah, Fla, for $2122 million, or $286,757/unit The Coral Gables, Fla, company purchased the three-story property from Royal...
The Real Deal Generation Essential Group has paid $69 million, or $456,953/room, for the 151-room Tribeca Hilton Garden Inn hotel in Manhattan The subsidiary of French Media company AMTD Digital acquired the property from a venture of Hersha...
Northwell Health Inc has agreed to pay $2355 million, or $69674/sf, for the vacant 338,000-square-foot Rego Park I retail property in Queens, NY The healthcare company, the largest in New York State, is buying the property from Alexander’s Inc...
Commercial Real Estate Direct Staff Report The owner of the 278 million-square-foot Aon Center office property in downtown Chicago has indicated it won’t be able to retire the property’s $536 million loan at its maturity this summer As a...
CMBS special servicers received 50 loans with a balance of $266 billion last month, marking the most active month since last June, when $291 billion of loans transferred However, they resolved, or otherwise worked out, $325 billion of other loans,...
REJournalscom CesiumAstro has bought the 270,000-square-foot West Austin Business Park in Bee Cave, Texas, about 15 miles west of Austin, Texas The local aerospace engineering firm purchased the three-building industrial property from a venture of...
Yuejie Inc has paid $2818 million, or $33749/sf, for the 83,500-square-foot industrial property at 1800 South Anderson Ave in Compton, Calif The freight forwarding company, represented by Kidder Mathews, acquired the building from CSME Partners LLC,...
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