Commercial Real Estate Direct Staff Report An affiliate of Harbor Group International has paid $180 million, or $517,241/unit, for three apartment properties with 348 units in Long Beach, Calif The Norfolk, Va, investment manager purchased the...
Commercial Real Estate Direct Staff Report Parkway Inc is working to get the maturity date of the $465 million CMBS loan against its Greenway Plaza office complex in Houston extended The loan, securitized through GS Mortgage Securities Corp,...
363,000-SF Retail Center in Chula Vista, Calif, Sells for $478Mln Commercial Real Estate Direct Staff Report Gershman Properties has paid $478 million, or $13168/sf, for the Shops at Eastlake Terraces, a 363,300-square-foot retail center in Chula...
Interstate Equities Corp has paid $93 million, or $567,073/unit, for the Vines at Riverpark, a 164-unit apartment property in Oxnard, Calif The Los Altos, Calif, investment firm purchased the property from Champion Real Estate Co of Los Angeles,...
South Florida Business Journal Clarion Partners has bought the 67,872-square-foot USA Self Storage facility at 1217 SW First Ave in Fort Lauderdale, Fla, for $2291 million, or about $33755/unit The New York investment manager purchased the property...
Commercial Real Estate Direct Staff Report The $10317 million CMBS loan against the Coastland Center shopping mall in Naples, Fla, has transferred to special servicer Rialto Capital Advisors because it’s expected to default at its November...
Kaufman & Jacobs LLC has paid $45 million, or $23214/unit, for Tel-Twelve Place, a 193,850-square-foot retail center in Southfield, Mich, which is 20 miles northwest of downtown Detroit The Chicago investment firm purchased the property from RPT...
Langdon Park Capital has paid $486 million, or $352,174/unit, for the 138-unit apartment property at 1829 East Workman Ave in the Los Angeles suburb of West Covina, Calif The Los Angeles investor, founded last year by Malcolm Johnson, a former...
South Florida Business Journal An affiliate of American Landmark Apartments has bought the 224-unit Glen at Cypress Creek apartment property in North Lauderdale, Fla, for $605 million, or about $270,089/unit An ownership group consisting of David N...
Priderock Capital Partners has paid $1646 million, or $257,188/unit, for Halstead Manchester, a 640-unit apartment property in Manchester, NH The Palm Beach Gardens, Fla, investment manager bought the property from DSF Group of Boston, which had...
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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