Crain’s Chicago Business JVM Realty Corp paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill The Oak Brook, Ill, investment manager purchased the property from Opus Group in a deal brokered by CBRE A...
Tampa Bay Business Journal NexGen Hotel has paid $1875 million, or about $145,349/room, for the Holiday Inn St Petersburg West hotel in St Petersburg, Fla The Schaumburg, Ill, company bought the 129-room property from an undisclosed seller It lined...
MF1 Capital has provided $51 million of financing against the recently completed 204-unit Mossdale Landing Apartments in Lathrop, Calif, in the state’s Central Valley region JLL Capital Markets arranged the financing, which has a three-year...
San Antonio Business Journal A foreclosure auction has been scheduled for Dec 5 for the Solara, a 285-unit apartment property in San Antonio GVA LLC of Austin, Texas, had defaulted on the property’s $563 million loan, which was provided by...
The Real Deal A venture of Walton Street Capital and Greenlaw Partners is delinquent on the $627 million loan against the 350,000-square-foot office property at 1 City Blvd West in Orange, Calif The loan is 30 days past due and is part of the...
The Real Deal The US Immigration Fund, which had raised capital for the development of the second phase of the Pacific Park residential complex in Brooklyn, NY, has filed to foreclose against $349 million of loans against it The Jupiter, Fla,...
Commercial Real Estate Direct Staff Report An affiliate of MJD Capital Partners has sold Quail Manor, a 56-unit apartment property in Reno, Nev, for $145 million, or $258,928/unit The Sacramento, Calif, investment firm sold the property to a San...
Commercial Real Estate Direct Staff Report Carter Properties has paid $4175 million, or $28375/sf, for West Bay Plaza, a 147,135-square-foot retail center in Westlake, Ohio, about 16 miles west of Cleveland The Bratenahl, Ohio, company purchased the...
Affinius Capital and Clarion Partners have provided $1575 million of financing against the 580-unit apartment property in Salt Lake City The loan, arranged by Walker & Dunlop’s New York capital markets unit, allowed the recently completed...
Commercial Real Estate Direct Staff Report Hines has acquired Chicago Prime Portfolio, a two-building industrial property with 11 million square feet in Melrose Park, Ill The purchase price could not be learned immediately However, the two buildings...
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