The Santa Monica, Calif, mall owner still has $300 million to $400 million of properties to get rid of before completing its Path Forward plan, an effort designed to reduce its overall leverage level and leave it with a portfolio of 31...
Commercial Real Estate Direct Staff Report The Macerich Co venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property’s $13174 million mortgage when it matured last month The loan, securitized...
Commercial Real Estate Direct Staff Report Berkadia has provided $30 million of Fannie Mae financing against the 166-unit Havenly Superstition apartment property in Apache Junction, Ariz The seven-year loan pays a fixed coupon and requires only...
Washington Business Journal Amazon Data Services Inc has paid $65 million, or $59091/sf, for a 110,000‑square‑foot data center in Manassas, Va The tech giant acquired the property, which sits on 766 acres at 7505 Mason King Court, from an...
Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore Guardian, of Portland, and PCCP, of Los Angeles, acquired the...
Commercial Real Estate Direct Staff Report Break of Day Capital has paid $33 million, or $110,000/unit, for the 300-unit River Oaks apartment property in Tucson, Ariz The Manhattan Beach, Calif, investment manager, led by real estate syndicator Gary...
The Real Deal KDC has lined up $400 million of construction financing for AT&T’s planned corporate headquarters campus in the Dallas suburb of Plano, Texas JPMorgan Chase provided the financing, terms of which were not known The 54‑acre...
Jacksonville Business Journal An unidentified private investor has acquired Bolton Plaza, a 174,037‑square‑foot retail property in Orange Park, Fla Katz Property Retail of New York sold the shopping center for an undisclosed price It paid $18...
Atlanta Business Chronicle A venture of BGO and Greenlaw Partners has paid $7005 million, or $9666/sf, for River Park 6, a 724,687‑square‑foot warehouse in Jackson, Ga, about 43 miles south of Atlanta BGO, a New York investment firm, and...
Triangle Business Journal Stonelake Capital Partners has paid $905 million, or $14755/sf, for three recently completed industrial buildings totaling 613,353 square feet in Apex, NC The Austin, Texas, investor acquired buildings 2, 3, and 4, which...
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