An investment vehicle managed by BlackRock was the buyer of Camden Property Trust’s 11 California apartment properties with 3,609 units It paid $163 million, or $451,648/unit JLL Capital Markets arranged the deal, along with $5666 million in...
American Landmark Apartments has acquired the 295-unit Tortuga Bayside apartment property in St Petersburg, Fla, for $613 million, or $207,797/unit The Tampa, Fla, investment manager bought the property, at 10475 Gandy Blvd North, from Arium Living,...
Multi-Housing News American Healthcare REIT has paid $1028 million, or $514,000/unit, for Avella at Almaden, a 200-unit seniors housing property in San Jose, Calif The Irvine, Calif, REIT acquired the property, at 4610 Almaden Expressway, from its...
Sack Capital Partners has paid $367 million, or $265,942/unit, for the 138-unit Terramonte at Foothill Apartments in Pomona, Calif, some 30 miles east of Los Angeles The San Francisco investment manager acquired the property from Positive...
Camden Property Trust has sold its 11 California apartment properties with 3,609 units for $163 billion, marking the company's exit from the state after 28 years...
Marquee Capital has paid $51 million, or $21820/sf, for the 233,727-square-foot Merchants Square retail property in the Indianapolis suburb of Carmel, Ind The Milwaukee investment manager, founded in 2008 as the real estate arm of Marcus...
BKM Capital Partners has paid $856 million, or $21340/sf, for three shallow-bay industrial properties with 401,132 square feet in the Seattle area The Newport Beach, Calif, investment manager bought the properties through its BKM Industrial Value...
South Florida Business Journal Kimco Realty Corp has bought a pair of grocery-anchored shopping centers in South Florida for $108 million The Jericho, NY, REIT paid $56 million, or $22788/sf, for the 245,744-square-foot Sunshine Plaza in Tamarac,...
Philadelphia Business Journal Speed Bay Warehouse Solutions has purchased an eight-building industrial portfolio totaling 488,936 square feet in the Philadelphia area for more than $84 million, or $17180/sf The Denver investor, which focuses on...
Washington Business Journal The buzz is that an affiliate of Douglas Development Corp is buying the 254,000-square-foot 1330 Connecticut Ave NW office building in Washington, DC The affiliate, Jemal Equities, would be buying the 12-story property...
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